Listing Courtesy of:
eXp Realty of California Inc
Agency Phone: 888-584-9427
Associate Name: Elgin Walker
Listing Shown by:
Watson Realty - Central California Escrow
Agency Phone: (661) 716-5000
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.
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
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
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.