142 W 58th, Los Angeles, California 90037, Los Angeles, 90037 - 2 bed, 1 bath

142 W 58th, Los Angeles, California 90037 home-pic-0

142 W 58th

Los Angeles, California 90037

ACTIVE
CONDITION: POOR
2Beds
1Baths
964Sq Ft
4,841Lot Size

Property Price

LIST PRICE$499,000
EST. MARKET VALUE
$470,120
6% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$470,120
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
142 W 58th
Subject
$499,000*
List Price
21964$488-
A
933 W 57th
Sold
$585,000321,152$5080.9 mi
B
840 W 53rd Street
Sold
$635,000321,189$5340.8 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

Property is extensive renovation needed.

This 1920s property is in a state of severe neglect and is currently boarded up with a 'Closed to the Public' notice. Interior images reveal significant deferred maintenance, including large holes in the walls and ceilings exposing the structure, heavily stained and damaged flooring, and a dilapidated bathroom with exposed wiring. The property requires a complete gut renovation or substantial rehabilitation of all major systems, kitchen, and bathrooms to be made habitable.

PROSSTRENGTHS & OPPORTUNITIES

  • Development Potential

    The property is zoned R2, providing a rare opportunity to build multiple units or add an Accessory Dwelling Unit (ADU) to maximize the lot's value.

  • Strategic Location

    Ideally situated near the Metro rail line, SoFi Stadium, and the Coliseum, the property is positioned to benefit from the high demand surrounding the upcoming World Cup and Olympics.

  • Flexible Layout

    While titled as a 2-bedroom, the home includes two additional bonus rooms, offering the versatility to be used as a 4-bedroom residence, office, or den.

CONSRISKS & DEFICIENCIES

  • Extensive Repair Needs

    Marketed as a 'fixer' in 'as-is' condition, the property requires significant capital investment to address deferred maintenance and modernization.

  • Probate Sale Complexity

    Being a probate sale, the transaction may involve additional legal oversight and potentially longer closing timelines than a traditional residential sale.

  • Aging Infrastructure

    Built in 1920, the home’s original systems and small 964-square-foot footprint may require a complete overhaul to meet current building codes and buyer expectations.

About 142 W 58th

FIXER!! INVESTMENT OPPORTUNITY! This Los Angeles property offers character, flexibility, and excellent development potential. The home features an open layout with a spacious living room that includes a fireplace and a dining area ideal for gatherings. While the title reflects 2 bedrooms and 1 bathroom, the current layout includes 2 bedrooms, plus 2 additional bonus rooms that can function as an office, den, or extra bedrooms. There is also an indoor laundry area for convenience. The property is zoned for R2, allowing for multiple units or the opportunity to add an ADU. The large front and back yard provide ample outdoor space for gardening, entertaining, or future expansion. A long gated driveway accommodates up to 3 vehicles! Located near the Crenshaw/LAX Metro rail line, LAX, the Coliseum, SoFi Stadium, and local museums, this home offers excellent access to transit and major attractions. The World Cup and Olympics will be must-see events, adding excitement and value to this location. This fixer is being sold as-is through probate and is perfect for investors or flippers seeking to maximize the property’s zoning advantages. Don’t miss the chance to unlock the full potential of this versatile home.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1920
Lot Size
4,841 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
1 (1 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.03.0
24%
Baths1.02.0
38%
Square foot9641,257
3%
Lot Size4,8415,443
24%
Price$499.0K$650.0K
3%
Price per sq ft$518$464
66%
Built year19201912
72%
HOA$0$0
50%
Days on market43171
7%

Pricing History

Listed for Sale

Jan 22, 2026

$499,000

Initial Listing

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