238 W 58th Los Angeles, CA 90037
6 Beds
4 Baths
2,216 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,216 sqft
Price per Sqft $442
MLS Listing ID SR26015536
Bedrooms 6
Full Baths 4
HOA Y/N No
Year Built 1912
Lot Size 4,843 Sqft
Property Sub-Type Duplex
Property Description
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.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Rooms
Main Level Bedrooms 4
Interior
Cooling See Remarks
Fireplaces Type See Remarks
Fireplace Yes
Laundry See Remarks
Exterior
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Curbs, Street Lights, Sidewalks
View Y/N No
View None
Total Parking Spaces 1
Private Pool No
Building
Lot Description Front Yard, Near Public Transit, Yard
Dwelling Type Duplex
Story 2
Entry Level Two
Sewer Unknown
Water Public
Level or Stories Two
New Construction No
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 5101024006
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
