Sign up to get new listings emailed daily! SIGN UP LOGIN

238 W 58th, Los Angeles, CA 90037

$939,777
  • 238 W 58th, Los Angeles, CA 90037 Main Photo

47 Photos

Active
BEDS6 BATHS4 full SQUARE FEET2,216 MLS#SR26015536
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLLos Angeles Unified

Listing Courtesy of: eXp Realty of California Inc
Agency Phone: 888-584-9427
Associate Name: Elgin Walker
IDX logo


Listing Shown by: Watson Realty - Central California Escrow
Agency Phone: (661) 716-5000


Property Description

MAJOR PRICE ADJUSTMENT! BEST DEAL IN THE AREA BY FAR! 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.

238 W 58th | MLS# SR26015536

This multi-family property located at 238 W 58th, Los Angeles, CA 90037 is currently listed for sale with an asking price of $939,777. W 58th is located within the Los Angeles Unified school district. Search Los Angeles real estate on www.cce-escrow.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: See Remarks
Garage: 1 car attached
Lot Size: 0.11 Acres
Stories: 2.0
Year Built: 1912

Feature Descriptions

Community Features: Curbs, Street Lights, Sidewalks
Days on Site: 71
Fireplace: See Remarks
Laundry: See Remarks
Lot: Front Yard, Near Public Transit, Yard
Parcel#: 5101024006
Sewer: Unknown
Units: 2
Water: Public

Local Schools

School District: Los Angeles Unified

Listed By / Shown By

Listed By

Agency Name: eXp Realty of California Inc
Agency Phone: 888-584-9427
Agent Name: Elgin Walker

Shown By

Agency Title: Watson Realty - Central California Escrow
Agency Phone: (661) 716-5000

IDX logo

Estimate Your Payment

Estimated Payment

$ 2,365.64 per month $2,091.54 Principal & Interest $0.00 Property Tax (data not provided by mls) $274.10 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/04/2026. The listing information on this page last changed on 04/04/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 04/04/2026 12:00:04 AM EST) or CRMLS (last updated Fri 04/03/2026 11:49:11 PM EST) or GEMLS (last updated Fri 04/03/2026 11:13:41 PM EST) or Tehachapi MLS (last updated Fri 04/03/2026 11:01:50 PM EST). Real estate listings held by brokerage firms other than Watson Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
Privacy Policy / DMCA Notice / ADA Accessibility

Agency License Information: DRE# 00782354


Login to My Homefinder

Pixel