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.
AGENT: Elgin Walker LISTING BROKERAGE: eXp Realty of California IncTwo-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.
Courtesy of eXp Realty of California Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 238 W 58th
Los Angeles, CA
Property Details
Price:
$939,777
MLS #:
SR26015536
Status:
Active
Beds:
6
Baths:
4
Type:
Single Family
Subtype:
Duplex
Neighborhood:
699notdefined
Listed Date:
Jan 21, 2026
Finished Sq Ft:
2,216
Lot Size:
4,842 sqft / 0.11 acres (approx)
Year Built:
1912
See this Listing
Schools
School District:
Los Angeles Unified
Interior
Bathrooms
4 Full Bathrooms
Cooling
SEE
Laundry Features
SEE
Levels
U
Main Level Bathrooms
2
Main Level Bedrooms
4
Exterior
Attached Garage YN
1
Common Walls
NCW
Community Features
SDW, SL, CRB
Garage Spaces
1
Parking Spots
1
Parking Total
1
View
NO
Financial
Map
Community
- Address238 W 58th Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90037
