723 58th, Los Angeles, California 90037, Los Angeles, 90037 - bed, bath
723 58th
Los Angeles, California 90037
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 723 58th Subject | $799,000* List Price | 1,132 | $589 | - | ||
A 933 W 57th Sold | $585,000 | 3 | 2 | 1,152 | $508 | 0.2 mi |
B 840 W 53rd Street Sold | $635,000 | 3 | 2 | 1,189 | $534 | 0.3 mi |
C 636 W 52nd Sold | $645,000 | 3 | 2 | 1,060 | $608 | 0.3 mi |
D 430 W 58th Street Sold | $650,000 | 3 | 1 | 1,020 | $637 | 0.3 mi |
E 707 West 51st Street Sold | $640,000 | 3 | 1 | 1,009 | $634 | 0.5 mi |
F 1111 W 54th Active Under Contract | $639,900 List Price | 3 | 1 | 1,188 | $539 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1911, the property appears to have received some exterior cosmetic updates such as fresh paint and fencing. However, the conversion of a small 1,132 sqft footprint into three separate living units suggests extremely cramped quarters and likely basic, utilitarian finishes. The lack of interior photos and the mention of potential unpermitted conversion issues typically indicate a property that is functional for rental purposes but lacks modern system upgrades or high-quality renovations.
PROSSTRENGTHS & OPPORTUNITIES
- Income Generation Potential
The property is uniquely configured into three separate living spaces (two 2-bedroom units and a studio), providing excellent opportunities for rental income to offset mortgage payments or for multi-generational living.
- Strategic Growth Location
Located in a revitalizing area of Los Angeles with significant infrastructure and development investment ahead of the 2028 Olympics, the property offers strong potential for long-term capital appreciation.
- Recent Price Improvement
A recent price reduction from $850,000 to $799,000 increases the property's market competitiveness and provides a more attractive entry point for investors or primary residents.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2025-03-11. The sold price is $700,000.00.
- Zoning and Permitting Risks
The property is officially classified as a Single Family Residence but operates as three units; this discrepancy suggests potential unpermitted conversions which may complicate financing and lead to future compliance issues.
- High Density for Limited Square Footage
With only 1,132 total square feet divided into three separate units, the individual living spaces are likely very cramped, which could limit tenant appeal and overall functionality.
About 723 58th
LIVE IN THIS PROPERTY FOR A VERY LOW MORTGAGE PAYMENT, CALL AGENT TO ASK HOW. Single family home that has been converted to three separate spaces. Showing as a 2 bed, a 2 bed, and a studio with strong rents. Perfect property for multi generational living! Home is divided for private living for multiple families . Conveniently located near schools, freeways, shopping and entertainment. Los Angeles continues to see major revitalization and long-term investment, with billions being poured into infrastructure, transportation, and development ahead of the 2028 Olympics. Do not disturb occupants, contact listing agent for showings. Buyer to do their due diligence. Do not disturb occupants.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1911
- Lot Size
- 5,122 Sq. Ft.
Interior
- Total Bedrooms
- -
- 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | 3.0 | 10% |
| Baths | - | 2.0 | 10% |
| Square foot | 1,132 | 1,257 | 28% |
| Lot Size | 5,122 | 5,443 | 28% |
| Price | $799.0K | $655.0K | 79% |
| Price per sq ft | $706 | $464 | 90% |
| Built year | 1911 | 1911 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 53 | 171 | 10% |
Pricing History
Listed for Sale
Feb 25, 2026
$799,000
$850,000
-6% Price Drop
Initial Listing
Price Change
Jan 12, 2026
$850,000
Initial Listing
Sold
Mar 11, 2025
$700,000
Public Record
Sold
Oct 1, 2024
$440,000
Public Record
Sold
Jan 30, 1995
$130,000
Public Record