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142 W 58th, Los Angeles, California 90037, Los Angeles, 90037 - 2 bed, 1 bath

142 W 58th, Los Angeles, California 90037 home-pic-0
ACTIVE$499,000
142 W 58th, Los Angeles, California 90037
2Beds
1Bath
964Sqft
4,841Lot
Year Built
1920
Close
-
List price
$499K
Original List price
$499K
Price/Sqft
$518
HOA
-
Days on market
-
Sold On
-
MLS number
CV25270503
Home ConditionPoor
Features
Good View: City Lights
ViewCity Lights

About this home

Possibly Over-Priced:The estimated price is 4% below the list price. We found 3 Cons,5 Pros. Rank: price - $499.0K(3th), sqft - 964(3th), beds - 2(18th), baths - 1(24th).

Probate Listing – This classic Los Angeles home is full of character and style, ready for its next chapter. With an open layout and a generous floor plan, it offers a spacious living room with a fireplace and a dining area ideal for entertaining or relaxing. While the title reflects 2 bedrooms and 1 bathroom, the home currently provides 4 bedrooms and 1 bathroom, along with an inside laundry area for added convenience. The large front and back yards offer plenty of outdoor space for gardening and gatherings. A long driveway accommodates up to 3 mid-size vehicles and is secured by a motorized gate for privacy and convenience. Additional parking is also available in the backyard for extra vehicles. Located near the Crenshaw/LAX Metro rail line, LAX, the Coliseum, SoFi Stadium, and local museums, this home offers excellent access to transit and major attractions. Whether you’re looking to restore, renovate, or reimagine, this is a rare opportunity with tremendous upside. Homes with this much potential don’t last long!

Price History

Date
Event
Price
12/04/25
Listing
$499,000
Condition Rating
Poor
Built in 1920, this property is in a state of severe disrepair, explicitly marketed for 'restoration, renovation, or reimagination.' The images reveal extensive damage including stained walls, damaged and holed ceilings, worn and dirty flooring (carpet and cracked tile), and boarded-up windows. The kitchen is largely non-functional with exposed plumbing, an outdated stove, and no visible cabinets, requiring a complete overhaul. The single bathroom for four bedrooms is a significant functional limitation, and the overall condition suggests major systems are outdated and require substantial replacement. This property requires significant capital investment and rehabilitation to be habitable.
Pros & Cons

Pros

Prime Location & Accessibility: Strategically located near the Crenshaw/LAX Metro rail line, LAX, the Coliseum, and SoFi Stadium, offering excellent transit access and proximity to major attractions and employment centers.
Significant Investment & Upside Potential: Presented as a 'rare opportunity with tremendous upside' for restoration, renovation, or reimagination, appealing to investors or buyers looking to add substantial value.
Ample Outdoor Space & Secure Parking: Features large front and back yards, a long driveway with a motorized gate accommodating up to 3 vehicles, and additional backyard parking, providing privacy, convenience, and outdoor living options.
Classic Character & Flexible Layout: A classic 1920s Los Angeles home boasting character, an open layout, a generous floor plan, and a spacious living room with a fireplace, offering a charming and adaptable living environment.
Desirable City Lights View: The property benefits from a city lights view, enhancing its aesthetic appeal and contributing to its overall desirability.

Cons

Discrepancy in Bedroom Count & Limited Bathrooms: Public records indicate 2 bedrooms, while the property currently offers 4, potentially signaling unpermitted additions. Furthermore, a single bathroom for four bedrooms is a significant functional limitation.
Extensive Renovation Required: Built in 1920, the home is explicitly marketed for restoration, renovation, or reimagination, implying that substantial capital investment and effort will be necessary to update and modernize the property.
Probate Listing Complexities: As a probate listing, the sale process may involve court confirmation and extended timelines, potentially adding legal complexities and reducing flexibility for prospective buyers.

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