242 W 58th, Los Angeles, California 90037, Los Angeles, 90037 - 0 bed, 0 bath
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242 W 58th
Los Angeles, California 90037
ACTIVE
CONDITION: FAIR
0Beds
0Baths
1,560Sq Ft
4,842Lot Size
Property Price
LIST PRICE$579,000
EST. MARKET VALUE
$599,000
3% BelowMARKET VALUE
SUMMARY
This duplex presents a Strong Value Opportunity with a List Price of $599,000—positioned well below the $567,073 Fair Market Value by -5%. While the property requires capital improvements to address its Condition Rating of 4, the recently remodeled back unit provides immediate rental income potential. Located near the LA Coliseum and major transit hubs, this Residential Income Asset offers significant upside for those capable of managing tenant-occupied units. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage a value-add duplex in a high-demand urban corridor.
Estimated Market Value
$599,000+$20,000 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 242 W 58th Subject 0 bd · 0 ba · 1,560 sqft · $384 | $579,000* List Price | 0 | 0 | 1,560 | $384 | - |
A 324 W 47th Place Sold 0 bd · 0 ba · 2,006 sqft · $279 · 0.7 mi | $560,000 | 0 | 0 | 2,006 | $279 | 0.7 mi |
B 1132 W 56th Sold 0 bd · 0 ba · 1,758 sqft · $366 · 1.0 mi | $644,000 | 0 | 0 | 1,758 | $366 | 1.0 mi |
C 330 W 56th St Active 0 bd · 0 ba · 1,456 sqft · $377 · 0.2 mi | $549,000 List Price | 0 | 0 | 1,456 | $377 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Originally built in 1913, the property features a dated exterior with visible wear and outdoor appliance storage. While the back unit has been recently remodeled, the front unit is tenant-occupied and likely requires updates to its kitchen, bath, and older systems to match modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
The property is situated in a high-demand area near major Los Angeles landmarks including the LA Coliseum, Science Center, and LAFC Stadium, ensuring strong rental appeal.
- Immediate Rental Upside
The back unit has been recently remodeled and can be delivered vacant, allowing an investor to immediately capture market-rate rents or utilize it for owner-occupancy.
- Versatile Investment Structure
As a duplex with two separate units on a nearly 5,000 sqft lot, the property offers a stable income-generating opportunity with a functional layout for urban living.
CONSRISKS & DEFICIENCIES
- Tenant-Occupied Restrictions
The front unit is sold with tenants in place and offers are subject to interior inspection, which may complicate the initial due diligence process for some buyers.
- Historic Maintenance Requirements
Built in 1913, the century-old structure may require ongoing capital improvements and maintenance for aging systems not addressed in recent updates.
About 242 W 58th
Investment opportunity in Los Angeles! Really close to LA Coliseum, Science Center, LAFC Stadium. This tenant-occupied duplex offers two separate units with a total of approximately 1,560 sqft on a 4,842 sqft lot. The property features a total of 2 separate units. Front Unit is a 2 bedroom 1 bath and back unit is a 1 bedroom 1 bath recently remodeled. Conveniently located near shopping, schools, public transportation and major freeways. Great opportunity for an investor looking to add a Los Angeles income property to their portfolio. Back unit can be delivered vacant. Property is being sold with front Unit tenants in place. Offers subject to interior inspection.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1913
- Lot Size
- 4,842 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
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 |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 1,560 | 2,090.331 |
| Lot Size | 4,842 | 5,852.908 |
| Price | $579.0K | $830.9K |
| Price per sq ft | $371 | $394 |
| Built year | 1913 | 1928 |
| HOA | $0 | $0 |
| Days on market | 42 | 87 |
Pricing History
Listed for Sale
Oct 28, 2026
$579,000
$599,000
-3% Price Drop
Initial Listing
Price Change
Sep 28, 2026
$599,000
Initial Listing
Sold
Nov 17, 2021
$470,000
Public Record