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$939,777
238 W 58th, Los Angeles, CA 90037
6Beds
4Baths
2,216Sq Ft
1Parking
1912Built
69Days Listed
About This Property
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
Property Location
Map
Property Details
- Property Type
- Townhouse
- Bedrooms
- 6
- Bathrooms
- 4
- Building Area
- 2,216 Sqft
- Living Area
- 2,216 sqft
- Year Built
- 1912
- Stories
- 2.0
- Status
- Active
- Days on Market
- 69
- Cumulative Days on Market
- 59
- Original Price
- $979,777
- MLS Number
- SR26015536
Location & Neighborhood
What's nearby 238 W 58th, Los Angeles, CA 90037
Nearby Schools
- Juanita Tate Elementary School0.2 mi
elementary
- Estrella Elementary School0.3 mi
elementary
- Sixty-First Street Elementary School0.4 mi
elementary
Parks & Recreation
- 0.6 mi
Transit Access
- Broadway & Slauson0.1 mi
Bus Stop
- Broadway & 54th0.3 mi
Bus Stop
- Figueroa & Slauson0.3 mi
Bus Stop
- Figueroa & 56th0.3 mi
Bus Stop
- Figueroa & 54th0.4 mi
Bus Stop
Local Amenities
Grocery
- Food 4 Less0.4 mi
Dining
- Las Guaraquitas0.5 mi
POI data updated 1/31/2026
Price History
$939,777
Mar 20, 2026
↓ $40,000
-4.1%
Original List Price
$979,777
Los Angeles Market Snapshot
2,693
Active Listings
$749K
Median Price
98
Avg Days on Market
Last updated: Mar 20, 2026
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Listed by
Elgin Walker, eXp Realty of California Inc · 661-347-6248 · MLS# SR26015536
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$939,777