1151 1153 Cornwell Street, Los Angeles, CA, 90033

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$1,170,000
187 Days On Site

1151 1153 Cornwell Street
Los Angeles, CA 90033

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
3,682
SqFt
$318
/SqFt
1925
Built
County:
Los Angeles
Listed by Raquel Magro of Pinnacle Estate Properties, Inc. raquel@raquelmagro.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
1151 1153 Cornwell Street1151 1153 Cornwell Street1151 1153 Cornwell Street1151 1153 Cornwell Street
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Monthly Payment (Est.)

$5,338
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ATTENTION INVESTORS – 7 UNIT OPPORTUNITY!!! Rare chance to acquire two side-by-side income producing sister properties in the heart of Boyle Heights. 1151 & 1153 Cornwell Street are being sold together and offer a total of 7 rental units on two separate APN parcels, creating an ideal opportunity for investors looking to expand their portfolio with stable income and long-term upside. 1151 Cornwell St is a triplex consisting of: • Unit 1 – 1 Bedroom / 1 Bathroom • Unit 2 – 2 Bedrooms / 1 Bathroom • Unit 3 – 2 Bedrooms / 1 Bathroom. 1153 Cornwell St is a two-story fourplex featuring four studio-style apartments, offering efficient layouts that attract a broad tenant base and support consistent occupancy. Both buildings will be sold with tenants in place, with several long-term renters providing immediate income stability. The properties fall under Los Angeles Rent Stabilization Ordinance (RSO). Strategically located just minutes from USC Medical Center and Los Angeles General Medical Center, the area benefits from strong rental demand from the medical and academic workforce. Tenants also enjoy easy access to neighborhood coffee shops, local restaurants, and major freeway connections. Situated on R3 zoning, this investment offers potential long-term development or value-add opportunities while generating steady rental income today. Opportunities to acquire two side-by-side multifamily properties totaling 7 units in this location are extremely rare. Secure both properties and capitalize on strong rental demand in one of East LA’s most active rental markets.

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Listing Snapshot
Price 
$1,170,000
Days On Site 
187 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,682 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.238 Acres
Year Built 
1925
MLS® Number 
SR26057016
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 months agoPrice changed to $1,170,000
4 months agoListing updated with changes from the MLS®
6 months agoListing first seen on site
General Features
Acres 
0.238
Land Lease 
No
Levels 
OneTwo
Number Of Stories 
1
Parking 
AssignedShared Driveway
Parking Spaces 
1
Property Sub Type 
Mixed Use
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
3682
Style 
Traditional
Water Source 
Public
Zoning 
LAR3
Interior Features
Cooling 
Wall/Window Unit(s)
Heating 
Wall Furnace
Laundry Features 
None
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Exterior Features
Construction Details 
Stucco
Fencing 
BlockChain LinkWrought Iron
Lot Features 
Front YardNear Public Transit
Pool Features 
None
Road Frontage 
City Street
Roof 
CompositionFlatOtherShingle
Spa Features 
None
View 
Neighborhood
Waterview 
Neighborhood
Community Features
Community Features 
CurbsStreet LightsSidewalks
MLS Area 
BOYH - Boyle Heights
Financing Terms Available 
Cash
Building Access 
1
Roads 
Paved


This information 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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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