$979,777

238 W 58th, Los Angeles, CA 90037

  • 6 beds |
  • 4 baths |
  • 2,216 sqft
  • Property Icon Town Home
  • Property Year Built Icon Built in 1912
  • Property Lot Size Icon4,844sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $442/sqft
  • Property List Date Icon 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
  • Laundry: See Remarks
  • A/C: See Remarks
  • Fireplace: See RemarksFireplace
  • 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

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

Estrella Elementary School

120 E 57th St, Los Angeles, CA, 90011

Grades KG-5

0.25 miles away

L

Los Angeles Academy Middle School

644 E 56th St, Los Angeles, CA, 90011

Grades 6-8

0.75 miles away

A

Augustus F. Hawkins High School - Responsible Indigenous Social Entrepreneurship

825 W 60th St, Los Angeles, CA, 90044

Grades 9-12

0.65 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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