4218 W 58th Place, Los Angeles, California 90043, Los Angeles, 90043 - 3 bed, 2 bath
ACTIVE$1,189,000
4218 W 58th Place, Los Angeles, California 90043
3Beds
2Baths
1,030Sqft
5,375Lot
Price Vs. Estimate
The estimated value ($1,025,560.03) is $163,439.97 (13%) lower than the list price ($1,189,000). This property may be overpriced.
Key pros and cons
Top Pros:
Great Schools: High School: Middle College High School (9/10).
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Compared to the nearby listings
Price:$1.19M vs avg $850.0K (+$339,000)76%
Size:1,030 sqft vs avg 1,490 sqft13%
Price/sqft:$1.2K vs avg $64899%
More Insights
Built in 1938 (87 years old).
Condition: The property is currently undergoing an extensive renovation, as evidenced by the new kitchen cabinets, countertops, backsplash, recessed lighting, and freshly painted walls visible in the images. The description explicitly states that buyers have the opportunity to customize finishes and design details before completion, indicating a high-quality, modern outcome. While not yet move-in ready, the ongoing work points to a fully renovated home meeting current quality standards upon completion, particularly in key areas like the kitchen.
Year Built
1938
Close
-
List price
$1.19M
Original List price
$1.2M
Price/Sqft
$1,154
HOA
-
Days on market
-
Sold On
-
MLS number
25625097
Home ConditionExcellent
Features
View-
About this home
Discover a rare opportunity in highly coveted View Heights/58th Place! This 2-bedroom, 1-bath, 1,030 sq.ft. home is currently under renovation offering buyers the chance to customize finishes, colors, and design details before completion. The flexible floor plan allows for multiple configurations, including a beautifully updated 2-bed/1-bath, a reimagined 3-bed/2-bath layout, and the potential for a 1-bed/1-bath Junior ADU. Also has a 2 garage with a detached ADU potential. Located on a quiet, tree-lined street surrounded by well-maintained homes, this property offers tremendous upside for buyers seeking value, customization, and long-term potential. Minutes from Playa Vista, the Inglewood entertainment corridor, LAX, and LA's best beaches. Renovation is in progress showings encouraged early so buyers can envision and influence the final touches. Don't miss the chance to tailor this home to your personal style.
Nearby schools
2/10
Fifty-Fourth Street Elementary School
Public,•K-5•0.4mi
3/10
Windsor Hills Math Science
Public,•K-5•0.7mi
4/10
Centinela Elementary School
Public,•K-6•0.7mi
2/10
Yes Academy
Public,•K-5•1.3mi
3/10
Angeles Mesa Elementary School
Public,•K-5•1.6mi
2/10
Fifty-Ninth Street Elementary School
Public,•K-5•1.6mi
2/10
Forty-Second Street Elementary School
Public,•K-5•2.0mi
1/10
Lane (Warren) Elementary School
Public,•K-6•2.0mi
3/10
Seventy-Fourth Street Elementary School
Public,•K-5•2.1mi
3/10
Parent (Frank D.) Elementary School
Public,•K-8•1.5mi
2/10
Audubon Middle School
Public,•6-8•1.9mi
2/10
Crozier (George W.) Middle School
Public,•7-8•2.0mi
1/10
Horace Mann Junior High School
Public,•6-8•2.3mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•2.4mi
/10
Monroe (Albert F.) Middle School
Public,•6-8•3.6mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•1.3mi
2/10
Inglewood High School
Public,•9-12•1.9mi
2/10
George Washington Preparatory High School
Public,•9-12•4.3mi
9/10
Middle College High School
Public,•9-12•7.1mi
Price History
Date
Event
Price
12/26/24
Sold
$840,000
Condition Rating
Excellent
The property is currently undergoing an extensive renovation, as evidenced by the new kitchen cabinets, countertops, backsplash, recessed lighting, and freshly painted walls visible in the images. The description explicitly states that buyers have the opportunity to customize finishes and design details before completion, indicating a high-quality, modern outcome. While not yet move-in ready, the ongoing work points to a fully renovated home meeting current quality standards upon completion, particularly in key areas like the kitchen.
Pros & Cons
Pros
Great Schools: High School: Middle College High School (9/10).
Customization Opportunity: Buyers have the unique chance to select finishes, colors, and design details during the ongoing renovation, ensuring a personalized home tailored to their preferences.
ADU Potential: The property includes a 2-car detached garage with significant potential for conversion into an Accessory Dwelling Unit (ADU), offering future rental income or expanded living space.
Flexible Floor Plan: The current layout allows for multiple configurations, including a potential 3-bedroom/2-bathroom main house and a 1-bedroom/1-bathroom Junior ADU, maximizing utility and value.
Prime Location: Located in the highly sought-after View Heights/58th Place, on a quiet, tree-lined street, surrounded by well-maintained homes, indicating a stable and desirable neighborhood.
Strategic Proximity: Enjoying close proximity to major employment and entertainment hubs such as Playa Vista, the Inglewood entertainment corridor, LAX, and popular beaches, enhancing lifestyle and commute convenience.
Cons
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Recently Sold Property: The property was recently sold within the past year on 2024-12-26. The sold price is $840,000.00.
Renovation In Progress: The property is currently undergoing renovation, meaning it is not immediately move-in ready and requires buyer engagement in the completion process, which may extend the timeline for occupancy.
Compact Living Space: With 1,030 sq.ft., the main residence offers a relatively compact living area, which may be a consideration for buyers seeking more expansive interior space.
Age of Construction: Built in 1938, the property's older construction, despite ongoing renovations, may present potential for underlying infrastructure issues or require specific maintenance considerations associated with historic homes.