$ 979,777
-
$979,777
Price -
6
Bed -
4
Bath -
2,216
SqFt
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About the Listing SR0129300 - F210082874
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.
Listing Highlights
Interior Details
- Bedrooms: 6
- Bathrooms: 4 Full
- Appliances:
- Air Cond: See Remarks
- Heating:
- Fireplaces: See Remarks
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Front Yard,Near Public Transit,Yard,No Land Lease
- Garage Capacity: 1 car
- Parking Spaces: 1
- Roof:
- Others: 2+ Total Units
- Sewer: Unknown
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5101024006
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
238 W 58th Los Angeles, CA 90037
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