1345 E 58th St Street, Los Angeles, California 90011, Los Angeles, 90011 - 2 bed, 1 bath
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Los Angeles, California 90011
This 1906 California Craftsman bungalow represents a Strong Value Opportunity, listed at $525,000—positioned well above the $483,367 Fair Market Value by 8%. While the property requires significant capital improvements due to its Condition Rating of 5, the expansive 5,406 sqft lot provides substantial upside for a two-on-a-lot configuration or ADU development. This asset is a prime candidate for Buy-and-Hold Investors or Contractors focused on long-term equity growth through strategic restoration and density expansion in the Los Angeles market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1345 E 58th St Street Subject | $525,000* List Price | 2 | 1 | 887 | $545 | - |
A 1457 E 56th Street Sold | $420,000 | 2 | 2 | 958 | $438 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1906, this 118-year-old property is well beyond the 30-year threshold for major systems. The listing explicitly states it needs cosmetic updates and describes it as a 'canvas for restoration,' indicating that the kitchen, bathroom, and core systems (HVAC/Electric) are likely outdated and require a full rehab to meet modern standards.
The generous 5,406 sqft lot offers significant upside for expansion, including the potential for an Accessory Dwelling Unit (ADU) or a two-on-a-lot configuration.
This 1906 California Craftsman bungalow retains its original character and timeless charm, providing a solid foundation for a high-value restoration project.
Priced competitively for the Los Angeles market, this property serves as an ideal entry point for investors or developers looking to build equity through cosmetic enhancements.
The home requires cosmetic updates and likely modernization of century-old systems, necessitating additional immediate investment beyond the purchase price.
Most assigned and nearby public schools carry lower performance ratings, which may impact the property's long-term appeal to families prioritizing education.
Located in the heart of Los Angeles, this classic 1906 California Craftsman bungalow blends timeless character with exciting future potential. Featuring 2 bedrooms and 1 bathroom, the home showcases the charm of its original era while offering a functional layout ideal for modern living. Set on a generous lot with a spacious backyard, the property presents a rare opportunity for expansion, including potential for a two-on-a-lot configuration or an ADU (Accessory Dwelling Unit), subject to local approvals. The outdoor space provides ample room for entertaining, gardening, or future development. While the home is in need of cosmetic updates, it retains its original architectural integrity and historic appeal, making it a perfect canvas for restoration or enhancement. Whether you're an investor, developer, or owner-user looking to restore a piece of early 20th-century California architecture, this property offers strong upside in a highly desirable location within California. A rare blend of history, charm, and future potential—don’t miss this opportunity to reimagine a true Craftsman classic.
No exterior & parking available.
Grades 1-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-6 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 887 | 1,672 |
| Lot Size | 5,406 | 6,067 |
| Price | $525.0K | $1.37M |
| Price per sq ft | $592 | $801 |
| Built year | 1906 | 1939 |
| HOA | $0 | $348 |
| Days on market | 26 | 56 |
Jun 26, 2026
$525,000
Initial Listing