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.
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.
Property Details
Price:
$979,777
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
Exterior
Community Features
SDW, SL, CRB
Parking Spots
1
Financial
Map
Community
- Address238 W 58th Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90037
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Feb 16, 2026
6,961
Single Family Listed
74
Avg DOM
499
Avg $ / SqFt
$1,456,382
Avg List Price
Property Summary
- 238 W 58th Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90037. It is listed for $979,777 and features 6 beds, 4 baths, and has approximately 2,216 square feet of living space, and was originally constructed in 1912. The current price per square foot is $442. The average price per square foot for Single Family listings in Los Angeles is $499. The average listing price for Single Family in Los Angeles is $1,456,382.
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238 W 58th
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