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Listed by Raquel Magro, DRE #00920540 • Pinnacle Estate Properties, Inc.
$ 1,170,000
Est. payment /mo
Active
1151 1153 Cornwell ST Los Angeles, CA 90033
10,367 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR26057016
Style Traditional
Year Built 1925
Lot Size 10,367 Sqft
Source California Regional MLS
Property Description
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 providing 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 opportun
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Laundry None
Exterior
Parking Features Assigned Spaces, Parking Area
Garage Spaces 7.0
Pool 31, None
View Local/Neighborhood
Roof Type Flat / Low Pitch,Shingle,Composition
Building
Story One Story
Water District - Public
Architectural Style Traditional
Others
Tax ID 5201010024
Special Listing Condition Not Applicable
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