321 W 58th St, Los Angeles, CA 90037 - View 1
321 W 58th St, Los Angeles, CA 90037 - View 2
321 W 58th St, Los Angeles, CA 90037 - View 3
321 W 58th St, Los Angeles, CA 90037 - View 4

321 W 58th St, Los Angeles, CA 90037

List Price: $599,000On Market FlagOn market
Aug 14, 2024938 sqft2 beds1 baths
Listed by: Monica Singer
License #: 01910840
Phone #: 888-584-9427
eXp Realty of California Inc
Source:
CRMLS Logo
MLS #: SR24168703

Property Description

Unlock the potential of this income-generating property at 321 W 58th St, Los Angeles! Situated in a rapidly developing area, this property comes with *tenants already in place*, offering immediate rental income. While the current tenants have a flexible payment history, this presents a unique opportunity for the savvy investor to reimagine and optimize the revenue stream. Whether you’re looking to add value through strategic management or considering a long-term investment in a prime Los Angeles location, this property offers plenty of upside. With the right approach, you can transform this asset into a strong performer in your portfolio. Seize the opportunity to invest in Los Angeles real estate today!
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$10,623

TurboHome Estimated Value

$653,600

$697 sqft

High Valuation
$686,280
$732/sqft
Normal Valuation
$653,600
$697/sqft
Low Valuation
$620,920
$662/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$697/sqft$653,600

Neighborhood: Southeast Los Angeles

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Comparative Value

$450K

$460K

$493K

$525K

$565K

$599K

331 W 52nd Pl, Los Angeles, CA 90037

Sale Price: $450,000

Selected Comparable

5928 S Los Angeles St, Los Angeles, CA 90003

Sale Price: $460,000

Selected Comparable

123 W 56th St, Los Angeles, CA 90037

Sale Price: $492,500

Selected Comparable

323 W 52nd St, Los Angeles, CA 90037

Sale Price: $525,000

Selected Comparable

243 W 62nd St, Los Angeles, CA 90003

Sale Price: $565,000

Selected Comparable

321 W 58th St, Los Angeles, CA 90037

List Price: $599,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
321 W 58th St, Los Angeles, CA 90037

321 W 58th St, Los Angeles, CA 90037

List: $599,000

Listed: 8/14/2024

Area:938 sqft
Price/sqft:$639
Beds:2
Baths:1
Year Built:
Lot Size:4,602

Comparable Properties

COMPARABLE
Choose comps
123 W 56th St, Los Angeles, CA 90037

123 W 56th St, Los Angeles, CA 90037

Sale: $492,500

11/12/20240.27 mi

Area:1,050 sqft
Price/sqft:$469
Beds:2
Baths:1
Year Built:
Weight:21.8%
331 W 52nd Pl, Los Angeles, CA 90037

331 W 52nd Pl, Los Angeles, CA 90037

Sale: $450,000

5/12/20250.37 mi

Area:1,152 sqft
Price/sqft:$391
Beds:2
Baths:1
Year Built:
Weight:21.4%
243 W 62nd St, Los Angeles, CA 90003

243 W 62nd St, Los Angeles, CA 90003

Sale: $565,000

8/14/20240.45 mi

Area:778 sqft
Price/sqft:$726
Beds:2
Baths:1
Year Built:
Weight:20.2%
5928 S Los Angeles St, Los Angeles, CA 90003

5928 S Los Angeles St, Los Angeles, CA 90003

Sale: $460,000

4/28/20250.55 mi

Area:750 sqft
Price/sqft:$613
Beds:2
Baths:2
Year Built:
Weight:18.6%
323 W 52nd St, Los Angeles, CA 90037

323 W 52nd St, Los Angeles, CA 90037

Sale: $525,000

10/8/20240.41 mi

Area:1,276 sqft
Price/sqft:$411
Beds:2
Baths:1
Year Built:
Weight:18.0%

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2

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3

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