$1,275,000

1151 1153 Cornwell Street, Los Angeles, CA 90033

3,682 sqft

other
Built in 1925
10,367sqft lot
—— car garage
$346/sqft
Listed 2 months ago

Property Description

Looking for 7 UNITS, well you have just stumbled on this unique purchase. Presenting a rare opportunity to acquire two side-by-side income producing sister-buildings in the heart of Boyle Heights. 1151 and 1153 Cornwell St - both being sold together for a total of 7 UNITS. 1151 Cornwell St is a well maintained TRIPLEX offering UNIT#1: 1-bedroom, 1-bath. UNIT#2: 2-bedroom, 1-bathroom. UNIT#3: 2-bedroom, 1-bathroom. 1153 Cornwell St is a 2-story FOURPLEX comprised of four studio-style unit apartments ideal for steady income. These versatile floorplans appeal to a broad range of renters. Some of the current renters have been long-term tenants, and both building will be sold with the tenants in place. Both properties are subject to Los Angeles rent control and are perfectly positioned just minutes from USC Medical Science Campus and Los Angeles General Medical Center - making them highly desirable for tenants in the medical & academic communities. The location also offers convenient access to local amenities including a popular neighborhood coffee shop, mom-and-pop restaurants and mayor freeways. Together, these two sister properties sit on R3 zoning and present an exceptional chance to expand your real estate portfolio with 7 total UNITS, steady rental income, and strong neighborhood appeal. Opportunities like this rarely come to the market. OWN BOTH and maximize your rental income potential. Please note there are 2 APN parcel numbers.

Listing Status:: Active
Date Added:: August 20, 2025 at 05:00AM
Listing Office:: Pinnacle Estate Properties, Inc. : 818-365-0677
Listing Agent:: Raquel Magro : 818-365-0677
MLS ID:: SR25187546

Laundry: None
A/C: Wall/Window Unit(s)
Heating: Wall Furnace

General: None
Style: Traditional
Pool: None
Parking: AssignedOne SpaceShared DrivewayParking spaces: 7

Roofing: CompositionFlatOtherShingle
General: Stucco1

Road/Access: City Street
HOA Amenities: 0.0
Originating MLS: CRMLS_CRM
County: Los Angeles

Zoning: LAR35201010024
View: NeighborhoodView
Fencing: BlockChain LinkWrought Iron

Water: Public
Sewer: Public Sewer

Source: CRMLS_CRM
Exclusions: TBD

This listing courtesy of Raquel Magro, Pinnacle Estate Properties, Inc.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Sheridan Street Elementary School

416 Cornwell St, Los Angeles, CA, 90033

Grades PK-6

0.50 miles away

Utah Street School

255 Gabriel Garcia Marquez St, Los Angeles, CA, 90033

Grades KG-8

1.25 miles away

Francisco Bravo Medical Magnet High School

1200 Cornwell St, Los Angeles, CA, 90033

Grades 9-12

0.12 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.