Los Angeles, CA 90037,238 W 58th
Los Angeles, CA 90037,238 W 58th
Los Angeles, CA 90037,238 W 58th
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$979,777
Est. payment /mo
6 Beds
4 Baths
2,216 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,216 sqft

Price per Sqft $442

MLS Listing ID SR26015536

Bedrooms 6

Full Baths 4

HOA Y/N No

Year Built 1912

Lot Size 4,843 Sqft

Property Sub-Type Duplex

Property Description

Two-Unit Income Property with Legal ADU | Strong In-Place Cash Flow + Upside

Excellent opportunity to acquire a well-performing two-unit income property in a strong rental pocket of Los Angeles featuring stable long-term tenants, in-place market rents, and future upside potential.

The property consists of:
Main Residence: 4 Bedrooms | 2 Bathrooms
Currently rented at approximately $3,300 per month

Legal ADU (Two-Story with Garage & Separate Entry): 2 Bedrooms | 1 Bathroom
Currently rented at approximately $2,250 per month

Combined gross monthly income of approximately $5,550 per month ($66,600 annually) with tenants paying market rents and additional room for future rent growth.

Both units were renovated in recent years and are in more than decent, move-in-ready condition, offering a low-maintenance investment profile with immediate cash flow. The property offers excellent functionality with a driveway accommodating up to four vehicles, plus a garage dedicated to the second unit, enhancing tenant convenience and desirability.

Long-term tenants provide consistent income stability while preserving upside potential through future rent adjustments as permitted by local guidelines.

This asset is ideal for investors seeking predictable income, long-term appreciation, and diversified unit mix, or owner-users looking to offset housing costs through rental income.

Offered at $979,777 Appointment Only – Do Not Disturb Occupants

A rare opportunity to secure a stabilized two-unit property with a legal ADU in a high-demand Los Angeles rental corridor.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Rooms

Main Level Bedrooms 4

Interior

Cooling See Remarks

Fireplaces Type See Remarks

Fireplace Yes

Laundry See Remarks

Exterior

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Curbs, Street Lights, Sidewalks

View Y/N No

View None

Total Parking Spaces 1

Private Pool No

Building

Lot Description Front Yard, Near Public Transit, Yard

Dwelling Type Duplex

Story 2

Entry Level Two

Sewer Unknown

Water Public

Level or Stories Two

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 5101024006

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard


Read Less Info
CRMLS – RECore
Listed by Elgin Walker eXp Realty of California Inc 661.347.6248

NEARBY SCHOOLS & PROPERTIES

SCHOOLS PROPERTIES
Elementary Schools 20
  • 8

    Global Education Academy

    Public | KG - 5

  • 8

    Synergy Charter Academy

    Public | KG - 5

  • 8

    Celerity Dyad Charter

    Public | KG - 8

  • 7

    New Heights Charter

    Public | KG - 8

  • 7

    Aspire Juanita Tate Academy

    Public | KG - 6

  • 6

    Kipp Empower Academy

    Public | KG - 4

  • 6

    Menlo Avenue Elementary

    Public | KG - 5

  • 6

    Watts Learning Center

    Public | KG - 5

  • 6

    Thirty-Second Street Usc Performing Arts

    Public | KG - 12

  • 6

    99th Street Elementary School

    Public | PK - 6

  • 6

    Center for Advanced Learning

    Public | KG - 5

  • 6

    20th Street Elementary School

    Public | KG - 5

  • 6

    Aspire Titan Academy

    Public | KG - 5

  • 5

    Kipp Academy of Opportunity

    Public | 5 - 8

  • 5

    74th Street Elementary School

    Public | KG - 5

  • 5

    Bright Elementary School

    Public | KG - 5

  • 5

    Kipp Scholar Academy

    Public | 5 - 8

  • 5

    La Salle Avenue School

    Public | KG - 5

  • 5

    Dr. Theo. T. Alexander Jr., Science Center

    Public | KG - 5

  • 5

    Accelerated

    Public | KG - 8

Middle Schools 20
  • 6

    Alliance Ouchi-O'Donovan 6-12 Complex

    Public | 6 - 12

  • 6

    New Designs Charter

    Public | 6 - 12

  • 6

    Alliance College-Ready Middle Academy No. 4

    Public | 6 - 8

  • 5

    Synergy Kinetic Academy

    Public | 6 - 8

  • 5

    Aspire Centennial College Preparatory Academy

    Public | 6 - 8

  • 4

    Foshay Learning Center

    Public | 6 - 12

  • 4

    Alliance College-Ready Middle Academy No. 12

    Public | 6 - 8

  • 4

    John Adams Middle School

    Public | 6 - 8

  • 4

    Thomas Alva Edison Middle School

    Public | 6 - 8

  • 4

    Dr. Julian Nava Learning Academy - School of Business & Tech

    Public | 6 - 8

  • 3

    Animo Jefferson Charter Middle School

    Public | 6 - 8

  • 2

    Bethune Middle School

    Public | 7 - 8

  • 2

    Drew Middle School

    Public | 7 - 8

  • 1

    Century Academy for Excellence

    Public | 6 - 8

  • 1

    Horace Mann Junior High School

    Public | 6 - 8

  • 1

    Barack Obama Global Preparation Academy

    Public | 6 - 8

  • 1

    Global Education Academy Middle School

    Public | 6 - 8

  • 1

    John Muir Middle School

    Public | 6 - 8

  • 1

    Bret Harte Preparatory

    Public | 6 - 8

  • 1

    William Jefferson Clinton Middle School

    Public | 6 - 8

High Schools 20
  • 8

    Wallis Annenberg High School

    Public | 9 - 12

  • 8

    Alliance College-Ready Academy High No. 5

    Public | 9 - 12

  • 8

    Orthopaedic Hospital

    Public | 9 - 12

  • 8

    Animo Pat Brown

    Public | 9 - 12

  • 8

    Alliance Huntington Park College-Ready Academy High School

    Public | 9 - 12

  • 7

    Frederick Douglass Academy High School

    Public | 9 - 12

  • 7

    Alliance Judy Ivie Burton Technology Academy High School

    Public | 9 - 12

  • 7

    Animo Jackie Robinson High School

    Public | 9 - 12

  • 7

    Student Empowerment Academy

    Public | 9 - 12

  • 7

    Linda Marquez High School - Libra Academy

    Public | 9 - 12

  • 6

    Animo Ralph Bunche High School

    Public | 9 - 12

  • 6

    Linda Marquez High School - Huntington Park Institute of Applied Medicine

    Public | 9 - 12

  • 5

    Public Service Community High School - Diego Rivera Learning Complex

    Public | 9 - 12

  • 5

    Linda Marquez High School - School of Social Justice

    Public | 9 - 12

  • 4

    Synergy Quantum Academy

    Public | 9 - 12

  • 4

    Santee Education Complex

    Public | 9 - 12

  • 4

    Green Design STEAM Academy - Diego Rivera Learning Complex

    Public | 9 - 12

  • 4

    Nava College Preparatory Academy

    Public | 9 - 12

  • 3

    Communication & Technology School - Diego Rivera Learning Complex

    Public | 9 - 12

  • 2

    Augustus F. Hawkins High School - Critical Design and Gaming

    Public | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

High State Realty

High State Realty

+1(805) 490-1401

BROKER, OWNER | License ID: 02181686

BROKER, OWNER License ID: 02181686

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238 W 58th