CA > Los Angeles
Los Angeles, CA 90033,1153 Cornwell ST
Los Angeles, CA 90033,1153 Cornwell ST
Los Angeles, CA 90033,1153 Cornwell ST
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$765,000
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5,183 Sqft Lot
New

1153 Cornwell ST Los Angeles, CA 90033

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Maria Pedraza

Maria Pedraza

+1(619) 600-7604

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Key Details

Property Type Single Family Home, Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25159033

Construction Status Additions/Alterations,Repairs Cosmetic

HOA Y/N No

Year Built 1936

Lot Size 5,183 Sqft

Property Sub-Type Quadruplex

Property Description

Boyle Heights FOURPLEX Investment Opportunity. INVESTOR Alert! Located in the heart of Los Angeles, 1153 Cornwell St offers a fantastic opportunity to own a 4-unit income property in one of L.A.'s most historically high-demand rental markets. Built in 1936, this charming fourplex features studio style 1-bedroon units, ideal for steady rental income with minimal management complexity. There are 2 buildings, each offering two of the 1-bedroom studio style units. Most of the tenants are long-term and property will be sold with tenants-in-place. The property is subject to rent-control regulations. Situated just minutes from USC Medical Science Campus and Los Angeles General Medical Center, this property is perfectly positioned for tenants working or studying in the nearby medical & academic communities. Local amenities include a well-known coffee shop down the street and a variety of beloved mom-and-pop restaurants, adding to the strong neighborhood appeal. Oh, and it's freeway close too! Bonus investment opportunity - The sister building at 1151 Cornwell St, a well-maintained Triplex is also available for sale. Together, these side-by-side properties present a unique chance to acquire two income-producing buildings (R3 zoning). Don't miss this exceptional chance to expand your portfolio with a stable, centrally located investment property. This is the type of opportunity that rarely comes to market, own both! Maximize your rental income potential.

Location

State CA

County Los Angeles

Area Boyh - Boyle Heights

Zoning LAR3

Interior

Interior Features Laminate Counters

Cooling Wall/Window Unit(s)

Flooring Laminate, Tile

Fireplaces Type None

Inclusions TBD

Fireplace No

Laundry None

Exterior

Parking Features Driveway, One Space

Pool None

Community Features Curbs, Street Lights, Sidewalks

Utilities Available Sewer Connected

View Y/N Yes

View Neighborhood

Roof Type Flat

Total Parking Spaces 4

Private Pool No

Building

Lot Description Near Public Transit

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style Spanish, Traditional

Level or Stories Two

New Construction No

Construction Status Additions/Alterations,Repairs Cosmetic

Others

Senior Community No

Tax ID 5201010023

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

CRMLS – RECore
Listed by Raquel Magro Pinnacle Estate Properties, Inc. 818-968-4585

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agent

Maria Pedraza

Agent | License ID: 02194301

+1(619) 600-7604

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1153 Cornwell ST