Active

1151 1153 Cornwell Street

Los Angeles, CA 90033
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Bed 0

Bed

Bath 0

Bath

SqFt3,682

Sqft

SqFt10,367

Sqft(Lot)

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 provid ing 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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Detail Ic Property Details

Property Type : Residential Income

Price : $1,170,000

AD Id : 76168075

MLS Id : SR26057016

Lot Size : 10,367 Sqft

Living Area Size : 3,682

Year Built : 1925

County : Los Angeles

  • Map Map

Map

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Roof: Composition,Flat,Other,Shingle
  • Cooling Features

    Wall/Window Unit(s) Air Conditioning

    Heating Source

    Wall Furnace Has Heating

  • Building Information

    Year Built: 1925 Building Area Total: 3,682 Construction: Stucco Roof: Composition,Flat,Other,Shingle
  • Pool Features

    None

    Laundry Features

    None

    Fencing

    Block,Chain Link,Wrought Iron

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.238
  • Lot Size Source: Other Lot Size Square Feet: 10367

  • Listing Price Information

    Original List Price: 1,170,000 Listing Contract Date: 2026-03-16
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5201010024

  • Garage and Parking

    Garage Description: Assigned,One Space,Shared Driveway

    Homeowners Association

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Electricity,Gas

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: BOYH - Boyle Heights Postal Code Plus 4: 1449 Directions: Marengo St and N. Soto St. Zoning: LAR3 Source Property Type: Residential Income Area: BOYH - Boyle Heights Property SubType: Mixed Use
  • Building and Construction

    Property Age: 101 Common Walls: 2+ Common Walls Property Condition: Repairs Cosmetic Structure Type: Mixed Use Year Built Source: Assessor Entry Level: 1 Entry Location: 1 Property Attached: Yes Levels or Stories: One,Two Building Total Stories: 1
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Nearby Home Value

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1517 Ricardo, Los Angeles, CA, 90033 $975,000 2 1 794 794 SqFt
1034 Evergreen Avenue, Los Angeles, CA, 90033 $425,000 2 1 689 689 SqFt
2711 Wabash Avenue, Los Angeles, CA, 90033 $730,000 5 -- 1,273 1,273 SqFt
2532 1/2 Ganahl Street, Los Angeles, CA, 90033 $399,000 2 2 850 850 SqFt
2440 Wabash Avenue, Los Angeles, CA, 90033 $795,000 5 -- 2,756 2,756 SqFt
2505 Malabar Street, Los Angeles, CA, 90033 $1,200,000 10 -- 4,974 4,974 SqFt
2447 Malabar Street, Los Angeles, CA, 90033 $1,100,000 -- -- 2,810 2,810 SqFt
2813 E Cesar Chavez Ave.., Los Angeles, CA, 90033 $849,888 -- -- 1,950 1,950 SqFt

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ByOwner last updated this listing 06/22/2026 @ 00:21

MLS: SR26057016 LISTED BY: Raquel Magro, Pinnacle Estate Properties, Inc. 818-365-0677 SOURCE: CRMLS

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