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238 W 58th

Los Angeles, CA 90037
  • $979,777
  • STATUS: Active
  • ON SITE: 17 Days
  • ID#: SR26015536
UPDATED: 31 min ago
$979,777
  • 6
    BEDS
  • 0.11
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,216
    SQFT
  • $442
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1912
County:

School Ratings & Info

School District:

Description

Two-Unit Income Property with Legal ADU | Strong In-Place Cash Flow + UpsideExcellent 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 monthCombined 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 OccupantsA rare opportunity to secure a stabilized two-unit property with a legal ADU in a high-demand Los Angeles rental corridor.

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Based on information from CRISNet MLS as of 2026-02-09T15:13:30.84. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Based on information from the i-Tech MLS as of 2026-02-09T15:13:30.84. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.fasthouseshop.com/homes/172372788
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238 W 58th Los Angeles, CA 90037

  • Price: $979,777
  • Status: Active
  • On Site: 17 Days
  • Updated: 31 min ago
  • ID#: SR26015536
6
Beds
4
Baths
0
½ Baths
0.11
Acres
2,216
SQFT
$442
$/SQFT
1912
Built
Neighborhood:
699 - Not Defined
County:
Los Angeles
Area:
699 - Not Defined
School District:
Los Angeles Unified
Property Description
Two-Unit Income Property with Legal ADU | Strong In-Place Cash Flow + UpsideExcellent 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 monthCombined 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 OccupantsA rare opportunity to secure a stabilized two-unit property with a legal ADU in a high-demand Los Angeles rental corridor.
Exterior Features

Attached Garage YN Yes Entry Level 1 Entry Location first floor Levels Two Lot Features Front YardNear Public TransitYard Parking Total 1.00 View None View YN No

Interior Features

Common Walls No Common Walls Cooling See Remarks Cooling YN Yes Fireplace Features See Remarks Fireplace YN Yes Laundry Features See Remarks Laundry YN Yes Main Level Bathrooms 2 Main Level Bedrooms 4 Rooms KitchenSee Remarks

Property Features

Additional Parcels YN No Association Fee 0.00 Association YN No Common Interest None Community Features CurbsSidewalksStreet Lights Land Lease YN No Lease Considered YN No Lot Size Area 4842.0000 Lot Size Source Assessor Lot Size Units Square Feet New Construction YN No Number Of Units Total 2 Pool Features None Pool Private YN No Property Attached YN No Property Sub Type Duplex Senior Community YN No Sewer Unknown Special Listing Conditions Standard Structure Type Duplex Water Source Public

Listing provided courtesy of Elgin Walker, CA DRE# 00994498, of eXp Realty of California Inc: .


Based on information from CRISNet MLS as of 2026-02-09T15:13:30.84. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Based on information from the i-Tech MLS as of 2026-02-09T15:13:30.84. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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