1320 W 58th Place, Los Angeles, California 90044, Los Angeles, 90044 - 3 bed, 1 bath
1320 W 58th Place
Los Angeles, California 90044
Property Price
SUMMARY
Analysis of 1320 W 58th Place, Los Angeles, California 90044 reveals a property with a current list price of $550,000, which is 5% above the estimated $520,033 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1320 W 58th Place Subject | $550,000* List Price | 3 | 1 | 1,079 | $482 | - |
A 1311 W 65th Place Sold | $600,000 | 3 | 2 | 1,146 | $524 | 0.6 mi |
B 1243 W 70th Street Sold | $620,000 | 3 | 2 | 1,114 | $557 | 0.8 mi |
C 1339 W 66th Street Sold | $540,000 | 2 | 2 | 1,188 | $455 | 0.6 mi |
D 531 W 61st Street Sold | $600,000 | 2 | 1 | 1,016 | $591 | 0.9 mi |
E 1340 W 58th Active Under Contract | $625,000 List Price | 3 | 2 | 1,210 | $517 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1911, this property has had some major system upgrades (plumbing and roof), which is a positive. However, the interior, particularly the kitchen and the single bathroom, is significantly outdated in style and condition. The kitchen features older dark wood cabinets and tiled countertops, while the bathroom has an older vanity, dated tiling, and unusual textured walls. The living areas show worn carpet and dated ceiling tiles. The absence of a cooling system is a major functional deficiency for a Los Angeles home. While livable, the property requires substantial rehabilitation and modernization of its interior spaces to meet current standards and comfort expectations, aligning with the 'Poor' category criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Middle College High School (9/10).
- Development Potential
The LAR2 zoning and large backyard offer significant potential for adding a second unit and an ADU, providing opportunities for rental income or multi-generational living.
- Key System Upgrades
Recent upgrades to the plumbing and roof provide peace of mind and reduce immediate capital expenditures for a new owner.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
The property features only one bathroom for three (potentially four) bedrooms, which may be insufficient for larger households or modern living preferences.
- Historic Property Age
Built in 1911, the home's age, despite recent upgrades, may imply a need for ongoing maintenance or further modernization of other systems not explicitly mentioned.
- Absence of Cooling System
The description does not mention a cooling system, which could be a significant drawback during Los Angeles's warmer months and may require a new installation.
About 1320 W 58th Place
UPGRADED LARGE 3 BEDROOM AND 1 BATH HOME WITH LAR2 ZONING LOT ABLE TO BUILD A SECOND UNIT AND A ADU. LARGE DINING ROOM THAT CAN BE CONVERTED TO A FOURTH BEDROOM, INSIDE WASHER AND DRYER LOCATION, LARGE KITCHEN, LARGE BACK YARD TO BUILD A SECOND UNIT AND ADU. PLUMBING AND ROOF HAS BEEN UPGRADED. LONG DRIVEWAY TO TO PARK SEVERAL CARS OR RV. CENTRALLY LOCATED CLOSE TO SOFI STADIUM, CLIPPERS STADIUM, LOS ANGELES DOWNTOWN, PARKS, FREEWAYS, SCHOOLS, SHOPPING, ENTERTAINMENT.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1911
- Lot Size
- 4,800 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Budlong Avenue Elementary School
Grades K-5 • 0.2 mi
Western Avenue Elementary School
Grades K-5 • 0.7 mi
Fifty-Second Street Elementary School
Grades K-5 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 41% |
| Square foot | 1,079 | 1,270 | 28% |
| Lot Size | 4,800 | 5,189.5 | 28% |
| Price | $550.0K | $652.0K | 18% |
| Price per sq ft | $510 | $534 | 42% |
| Built year | 1911 | 1928 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 121 | 186 | 15% |
Pricing History
Listed for Sale
Jan 21, 2026
$550,000
$575,000
-4% Price Drop
Initial Listing
Price Change
Dec 18, 2025
$575,000
$590,000
-3% Price Drop
Initial Listing
Price Change
Dec 2, 2025
$590,000
$605,000
-2% Price Drop
Initial Listing
Price Change
Nov 25, 2025
$605,000
$625,000
-3% Price Drop
Initial Listing
Price Change
Nov 13, 2025
$625,000
$650,000
-4% Price Drop
Initial Listing
Price Change
Nov 9, 2025
$650,000
$699,000
-7% Price Drop
Initial Listing
Price Change
Nov 5, 2025
$699,000
Initial Listing