1151-1153 Cornwell Street, Los Angeles, CA 90033
sale
$1,170,000
|
Other
Courtesy Of Pinnacle Estate Properties, Inc.
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 well-maintained 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 opportunities while generating steady rental income today. Opportunities to acquire two side-by-side multifamily properties totaling 7 units in this location are extremely rare. Secure both properties and capitalize on strong rental demand in one of East LA's most active rental markets.
Read More About This Property
Read Less About This Property
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 7
- Cooling System: Window Unit(s)
- Cooling System: Wall/Window Unit(s)
- Exterior Type: Stucco
- Floors: 2
- Heating System: Wall Furnace
- MLSID: SR26057016
- Parking Spaces: 7
- Roof Type: Composition
- Roof Type: Flat
- Roof Type: Shingle
- Rooms: Bathroom 6
- Rooms: Bathroom 7
- Rooms: Bathroom 4
- Rooms: Bathroom 5
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bedroom 3
- Rooms: Bedroom 2
- Rooms: Bedroom 1
- Rooms: Bedroom 7
- Rooms: Bedroom 6
- Rooms: Bedroom 5
- Rooms: Bedroom 4
- Rooms: Bedroom 9
- Rooms: Bedroom 8
- Rooms: Bathroom 1
Data powered by Attom Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
You may also be interested in...
sale
$1,450,000
Other
5110 Whittier
Los Angeles, CA 90022
Land: 0.29 Acres
Courtesy Of Century 21 Allstars
sale
$1,399,000
Other
3425 W 15th Street
Los Angeles, CA 90019
Building: 3,443 sq. ft.
|
Land: 0.16 Acres
Courtesy Of Berkshire Hathaway HomeServices California Properties
sale
$1,300,000
Commercial-Other
235 E Manchester
La, CA 90003
Listed By CENTURY 21 Coastal Properties
sale
$1,297,777
Other
2116 S Palm Grove Avenue
Los Angeles, CA 90016
Land: 0.13 Acres
Courtesy Of Century 21 Allstars