238 W 58th, Los Angeles, CA 90037
- 6 beds |
- 4 baths |
- 2,216 sqft
Town Home
Built in 1912
4,844sqft lot
1 car garage
$442/sqft
Listed 17 days ago
Property Description
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 uni
- Listing Status:
- Active
- Date Added:
- January 21, 2026
- Data Last Updated:
- February 7, 2026 at 8:09PM
- Listing Office:
- eXp Realty of California Inc : 888-584-9427
- Listing Agent:
- Elgin Walker : 661-347-6248
- MLS ID:
- CRSR26015536
- General: Front Yard
- Pool: None
- Parking: Attached
- General: 2
- HOA Amenities: 0.0
- Originating MLS: CRMLS
- School District: Los Angeles Unified
- County: Los Angeles
- Zoning: 5101024006
- View: None
- Source: CRMLS
Presented by Veterans United Realty
This listing courtesy of Elgin Walker , eXp Realty of California Inc
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Estrella Elementary School
120 E 57th St, Los Angeles, CA, 90011
Grades KG-5
0.25 miles away
Los Angeles Academy Middle School
644 E 56th St, Los Angeles, CA, 90011
Grades 6-8
0.75 miles away
Augustus F. Hawkins High School - Responsible Indigenous Social Entrepreneurship
825 W 60th St, Los Angeles, CA, 90044
Grades 9-12
0.65 miles away







