Active

357 Cornwell

Los Angeles, CA 90033
Mark as Favorite
Bed 6

Bed

Bath 8

Bath

SqFt3,600

Sqft

SqFt6,394

Sqft(Lot)

House Hack or Investment Opportunity! Live in one unit and rent out the other two. Freshly renovated income property offering modern upgrades and strong rental potential. The front building features two spacious units, each approximately 1,400 sq ft with 2 bedrooms and 2.5 bathrooms. The downstairs unit is currently leased at $3,500 per month, while the upstairs unit is vacant, making it ideal for an owner-occupant or ready for immediate rental. At the rear of the property is a detached ADU (approx. 810 sq ft) featuring 2 bedrooms, 2 bathrooms, and vaulted ceilings, currently leased for $2,900 per month. Each unit has been thoughtfully updated, including one newly built ground-up unit, with open layouts, contemporary finishes, and abundant natural light. Updated kitchens feature m odern cabinetry, quality countertops, and newer appliances. Bedrooms are well-sized, and bathrooms have been remodeled with clean, modern fixtures. Several units also offer private outdoor space. With three income-producing units and a potential cap rate of approximately 7%, the property offers immediate rental income with long-term upside. Located in a rapidly evolving Los Angeles neighborhood, the property provides convenient access to dining, shopping, and entertainment, making it attractive to both tenants and investors. A strong opportunity for owner-occupants, investors, or those looking to expand their portfolio with a turnkey triplex.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,299,000

AD Id : 85502651

MLS Id : SR26134411

Beds : 6

Lot Size : 6,394 Sqft

Living Area Size : 3,600

Year Built : 1908

County : Los Angeles

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Map

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Fireplace: None
  • Cooling Features

    Ductless Air Conditioning

    Heating Source

    Ductless Has Heating

    Fireplace

    Fireplace Features: None Has Fireplace: 0

  • Building Information

    Year Built: 1908 Building Area Total: 3,600
  • Pool Features

    None

    Laundry Features

    Inside

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1468
  • Lot Size Source: Assessor Lot Size Square Feet: 6394

  • Listing Price Information

    Original List Price: 1,299,000 Listing Contract Date: 2026-06-19
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5175012010

  • Garage and Parking

    Garage Description: Carport

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: BOYH - Boyle Heights Directions: On Cornwell nearest cross streets E. Ceasar Chavez and N. Soto Source Property Type: Residential Income Area: BOYH - Boyle Heights Property SubType: Triplex
  • Building and Construction

    Property Age: 118 Common Walls: No Common Walls Structure Type: Triplex Year Built Source: Assessor Entry Level: 1 Entry Location: 1
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2426 Medford, Los Angeles, CA, 90033 $599,000 2 2 808 808 SqFt
2426 Medford, Los Angeles, CA, 90033 $599,000 2 2 808 808 SqFt
1542 Ricardo, Los Angeles, CA, 90033 $899,990 5 3 2,361 2,361 SqFt
2553 Verde Street, Los Angeles, CA, 90033 $880,000 5 5 1,624 1,624 SqFt
2814 Wabash Avenue, Los Angeles, CA, 90033 $950,000 7 2 2,184 2,184 SqFt
2812 Blanchard, Los Angeles, CA, 90033 $685,000 2 2 1,302 1,302 SqFt
2740 Fairmount, Los Angeles, CA, 90033 $1,299,000 2 2 2,800 2,800 SqFt
2500 Ganahl, Los Angeles, CA, 90033 $768,800 6 3 1,984 1,984 SqFt
1031 N Fickett, Los Angeles, CA, 90033 $748,000 1 1 1,248 1,248 SqFt
2843 Folsom, Los Angeles, CA, 90033 $3,199,500 20 20 9,000 9,000 SqFt

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ByOwner last updated this listing 06/20/2026 @ 04:47

MLS: SR26134411 LISTED BY: Stacey Havener, True North Realty 661-212-7943 SOURCE: CRMLS

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