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$1,995,000

1059 S Corning Street

Los Angeles, CA 90035

Active

Beds

Baths

5,457

Sq. Ft.

1957

Year Built

Los Angeles

County

ResidentialIncome

Property Type

About this home

1059 S Corning St, a charming 7-unit apartment building located in the highly desirable Pico-Robertson neighborhood of Los Angeles, California. Builtin 1957, the property consists of (6) one-bedroom + one-bathroom units and (1) two-bedroom + one-bathroom unit. The building is 5,457 gross square feet and sits on a 6,101 square foot lot.Nestled in the heart of the Pico-Robertson neighborhood, 1059 S Corning St offers residents a highly walkable, centrally located Los Angeles lifestyle surrounded by a diverse mix of dining, shopping, and everyday conveniences. Just minutes from Beverly Hills, Century City, and West Hollywood, the property provides seamless access to some of LA's most desirable employment and lifestyle hubs.With a strong Walk Score, residents enjoy close proximity to neighborhood cafes and popular restaurants along Pico and Robertson Boulevards, along with quick access to Beverly Center, TheGrove, and major thoroughfares including Olympic and La Cienega.1059 S Corning St also presents a compelling value-add investment opportunity, offering both an exceptional location and notable rental upside. The property currently delivers an initial CAP rate of4.43%, with the potential to reach a 6.46% CAP rate upon unit turnover.

Listed by Michael Kamara · DRE #02062158 · Lyon Stahl Investment Real Estate, Inc.

MLS #1182947522

ListedAug 19, 2026

Property Details

Architecture

Stories0

StyleN/A

Total Units7

RoofN/A

Garage SpacesN/A

PoolN/A

SpaN/A

Features & Amenities

Interior FeaturesN/A

Exterior FeaturesN/A

FlooringN/A

CoolingNone

HeatingNone

FireplaceN/A

LaundryN/A

Parking FeaturesCarport

Parking Total11

Patio & PorchN/A

Entry LevelN/A

Entry LocationN/A

Common WallsN/A

Property Features

Lot Size0.14 ac

Lot FeaturesN/A

ViewN/A

DirectionsSouth on Corning

Community

AreaC19 - Beverly Center-Miracle Mile

School DistrictN/A

Tax & Financial

TermsN/A

Land LeaseN/A

HOA NameN/A

HOA FeeN/A

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Mortgage Estimate

$10,618/mo

20% down · 7% APR · 30-yr fixed

Purchase PriceDown Payment: 20%Interest Rate: 7%

Estimate only. Does not include taxes, insurance, or HOA.

Last updated: October 21, 2026 at 3:15 PM

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