2 months on rocket

242 W 58th St, Los Angeles, CA, 90037

$665,000

Home List Price

$7,897*

Closing Credit

3 Bedrooms
2 Full Baths
1,560 SqFt
$426/SqFt
Multi

Location

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242 W 58th St, Los Angeles$665,000

Buyer Closing Credits

$7,897*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway
Year Built1913
HeatingWall Furnace
CoolingWall/Window Unit(s)
FireplaceLiving Room
ViewNone
MLS #IG24184072
Lot Size0.11 Acres
StatusActive

About 242 W 58th St

Amazing duplex in South Central Los Angeles minutes from downtown Los Angeles , close to freeways . Front unit is a 2 bedrooms 1 bath and back unit is fully remodeled 1 bed and 1 bath . Both units have there own laundry hook ups and own gas and electric meters . There is plenty of parking . This is a great property to collect lucrative rent or for an owner occupied . 1 unit can be delivered vacant . This duplex is in good condition.

Property Details

Property Features

Property Information:

  • Year Built: 1913
  • Stories: 1
  • Living Area: 1,560 SqFt

Listing Office:

  • Office Name: Innovate Realty, Inc.
  • Office Phone: (562) 321-7541
  • Listing Agent: Jason Moreno

Interior Features

Interior Information:

  • Appliances: Range Hood
  • Flooring Type: Carpet, Laminate, Tile, Vinyl
  • Interior: Recessed Lighting, All Bedrooms Down
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: slauson & broadway

Price Information

Listing Price Info

Price Summary:

  • List Price: $665,000
  • Price Per SqFt: $426/SqFt

Tax Information:

  • Annual Amount: $2,820
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

242 W 58th St vs Los Angeles

80 DAYS ON ROCKET

+42 Days

$665,000

-$358.4K Less

$426/SqFt

-$215 Less

KEY TAKEAWAY

This property is $358.4K less than the Median Sold Price and $215/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #IG24184072

Listing Office:

  • Office Name: Innovate Realty, Inc.
  • Office Phone: (562) 321-7541
  • Listing Agent: Jason Moreno

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/25/2024, 3:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,820$213,985
2020$2,739$211,792
2019$2,649$207,640
2018$2,592$203,570
2017$2,592$199,579

History based on county public records data.

Payment Calculator

$3,386

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,060

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1278916
6
/10

  • Aspire Inskeep Academy Charter

  • 123 W 59th St

  • 0.23 miles

  • Public Charter Grades KG-6

school-card-donut-1278917
4
/10

  • Aspire Slauson Academy Charter

  • 123 W 59th St

  • 0.23 miles

  • Public Charter Grades KG-6

school-card-donut-1278918
7
/10

  • Aspire Juanita Tate Academy Charter

  • 123 W 59th St

  • 0.23 miles

  • Public Charter Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,972. The most common annual income of people living in Los Angeles, CA is less than $35k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90037›242 W 58th St

This home is located at 242 W 58th St in Los Angeles, CA and zip code 90037 in the South LA neighborhood. This 1,560 square foot home, which was built in 1913, sits on a 0.11 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 05, 2024 and is currently priced at $665,000.

Over 598 listings were sold over their listed price in October 2024 in Los Angeles, CA. In the same period over 753 listings were sold below the listed price and 191 listings were sold for the listed price. Between September 2024 and October 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 11.2%. In October 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,023,474.

From Rocket Homes Real Estate and based on county public records data.

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