357 Cornwell

357 Cornwell Los Angeles, CA 90033

  • 6 Beds
  • 6 Baths
  • 3,600 sqft
  • 6,394.00 sqft lot

About this property

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 modern 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.

About 357 Cornwell Los Angeles, CA 90033

Features

  • TypeTriplex
  • Structure TypeTriplex
  • Year Built1908
  • Lot Size Area6,394.00 sqft
  • Parking Spots2
  • Garage Spaces0
  • HeatingDuctless
  • CoolingDuctless
  • HOA Fee
  • PoolNone
  • Furnished
  • County/ParishLos Angeles
  • Common InterestNone
  • StatusActive
  • Additional Property TypeTriplex
  • Contingency

Interior

  • Beds6
  • Full Bathrooms6
  • Size3,600 sqft
  • Total Building Area3,600 sqft
  • LevelsTwo
  • Stories2
  • Interior FeaturesWalk-In Closet(s)
  • Security Features
  • FireplaceNone
  • Flooring
  • Appliances
  • Room TypeLiving Room, Primary Bathroom, Other

Exterior

  • Property TypeResidential
  • Lot Size Area6,394.00 sqft
  • Lot Features
  • Parking Spots2
  • Garage Spaces0
  • Garage/Parking Features
  • Patio and Porch
  • Road Surface
  • Attached Garage
  • ViewNone
  • Entry Level1
  • Structure TypeTriplex

Utilities

  • HeatingDuctless
  • CoolingDuctless
  • Laundry FeaturesInside
  • SewerPublic Sewer
  • Water SourcePublic
  • Utilities

Construction

  • New ConstructionNo
  • Year Built1908
  • Foundation Details
  • Property AttachedNo
  • Property Condition

Homeowners Association

  • AssociationNo
  • Association Name
  • HOA Fee
  • Senior CommunityNo
  • Association Amenities Include

Building Details

  • Stories2

Other Facts & Features

  • List Price$1,349,000
  • Price per Sq Ft$375
  • Special Listing ConditionsStandard
  • Total Units3
  • Horse Amenities
  • Lease ConsideredNo
  • Listing TermsCash, Cash to New Loan, Fha
  • Zoning
  • Common InterestNone
  • Buyer Agent Compensation*
  • Buyer Agent Compensation Type

Legal & Financial Details

  • Tax ID5175012010
  • Contingency

Location

  • County/ParishLos Angeles
  • Direction
  • MLS Area MajorBOYH – Boyle Heights
  • Community FeaturesStreet Lights, Sidewalks, Urban
  • Postal CityLOS ANGELES
  • Address357 Cornwell Los Angeles, CA 90033

Nearby Schools & Districts

  • Elementary Schools
  • Middle School
  • High Schools
  • Unified School District

Location Map

Price

$1,349,000

  • Year Built1908
  • Lot Size6,394.00 sqft
  • Parking Spaces2
  • Bedrooms6
  • Full Bathrooms6
  • Half Bathrooms2
  • Property TypeResidential
  • CountyLos Angeles
  • HOA Fee

Listed By