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

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

238 W 58th

Los Angeles, California 90037

ACTIVE
CONDITION: GOOD
5Beds
3Baths
2,216Sq Ft
4,842Lot Size

Property Price

LIST PRICE$979,777

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

Good
TeardownExcellent

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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.0-
80%
Baths3.0-
70%
Square foot2,2162,419
45%
Lot Size4,8425,409.5
25%
Price$979.8K$945.0K
60%
Price per sq ft$442$324
70%
Built year19121923
35%
HOA$0$0
50%
Days on market44259
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

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