238 W 58th, Los Angeles, California 90037, Los Angeles, 90037 - 5 bed, 3 bath

238 W 58th
Los Angeles, California 90037
Property Price
SUMMARY
Analysis of 238 W 58th, Los Angeles, California 90037 is currently available with a list price of $979,777. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Despite being built in 1912, the property has undergone significant recent renovations, as stated in the description and evidenced by the images. Both the main residence and the ADU feature modern kitchens with gray shaker cabinets, contemporary countertops, stylish backsplashes, and updated appliances (some stainless steel). The bathrooms are also updated with modern vanities, light fixtures, and attractive tile work. Flooring throughout is a mix of modern wood-look laminate/vinyl and contemporary tile. While there are minor signs of wear and tear typical of an occupied rental property, the overall condition is move-in ready with no immediate major renovations required, aligning with the 'Good' category's criteria for extensively renovated properties.
PROSSTRENGTHS & OPPORTUNITIES
- Strong Income Generation & Cash Flow
The property is a two-unit income property with a legal ADU, generating a combined gross monthly income of approximately $5,550, offering strong in-place cash flow and future upside potential.
- Legal ADU & Diversified Unit Mix
Includes a main residence (4 beds/2 baths) and a legal ADU (2 beds/1 bath), providing a diversified unit mix that appeals to a broader tenant base or an owner-user seeking to offset housing costs.
- Recent Renovations & Move-in Ready
Both units were renovated in recent years and are in move-in-ready condition, offering a low-maintenance investment profile with minimized immediate capital expenditures.
CONSRISKS & DEFICIENCIES
- Older Construction (Year Built 1912)
Despite recent renovations, the property's original construction date of 1912 could imply potential for age-related maintenance issues or higher insurance premiums in the long term.
- Occupied Property & Restricted Showings
The property is tenant-occupied with a 'Do Not Disturb Occupants' directive, which may limit access for thorough inspections and showings, potentially complicating the due diligence process.
- Significant Price Appreciation Since Last Sale
The current list price of $979,777 represents a substantial increase from its last sale in 2020 ($725,000), warranting careful market analysis to justify the current valuation and potential for immediate equity.
About 238 W 58th
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.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1912
- Lot Size
- 4,842 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | - | 80% |
| Baths | 3.0 | - | 70% |
| Square foot | 2,216 | 2,419 | 45% |
| Lot Size | 4,842 | 5,409.5 | 25% |
| Price | $979.8K | $945.0K | 60% |
| Price per sq ft | $442 | $324 | 70% |
| Built year | 1912 | 1923 | 35% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 259 | 5% |
Pricing History
Listed for Sale
Jan 21, 2026
$979,777
Initial Listing
Sold
Sep 22, 2020
$725,000
Public Record
Sold
Dec 4, 2019
$375,000
Public Record













































