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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 : ResidentialIncome

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

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Feature Features

  • Interior Features

    Roof: Composition, Flat, Other, Shingle
    Laundry Features: None
  • Heating & Cooling

    Has Heating: Yes Heating: Wall Furnace Has Cooling: Yes Cooling: Wall/Window Unit(s)

  • Building Information

    Year Built: 1925
    Building Area Total: 3682
    Construction Materials: Stucco
    Stories: 1
    Pool Features: None
    Private Pool: No
    View: Neighborhood

  • Lot Information

    Main Square Feet: 10367 Lot Size Acres: 0.238 Lot Size Source: Other Lot Size Square Feet: 10,367 Lot Description: Front Yard,Near Public Transit

  • Listing Price Information

    Listing Price: $1170000
    Original Price: $1275000
    Cash, Cash to New Loan

  • Tax Information

    Parcel Number: 5201010024 Tax Lot: 137

  • Location Information

    Direction: Marengo St and N. Soto St. WaterSource: Public
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Nearby Home Value

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2530 Ganahl, Los Angeles, CA, 90033 $1,549,000 8 8 3,360 3,360 SqFt
2440 Wabash Avenue, Los Angeles, CA, 90033 $745,000 5 5 2,756 2,756 SqFt
2853 Cincinnati Street, Los Angeles, CA, 90033 $2,292,000 18 15 7,168 7,168 SqFt
2427 Houston, Los Angeles, CA, 90033 $1,049,000 1 1 --
701 N Fickett, Los Angeles, CA, 90033 $1,250,000 -- -- --

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/12/2026 @ 10:52

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

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