Los Angeles, CA 90033 1151 Cornwell Street

1151 Cornwell Street Los Angeles, CA - Image 11151 Cornwell Street Los Angeles, CA - Image 21151 Cornwell Street Los Angeles, CA - Image 3
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Presented By: Raquel Magro with Pinnacle Estate Properties, Inc.; 818-968-4585
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# SR25158893
  • 07/15/2025
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 1
  • Baths • 1
  • SQFT • 1,730

Home Details

Incredible investment opportunity - Triplex in a prime Boyle Heights location. Welcome to 1151 Cornwell St a well-maintained Triplex located in the heart of Los Angeles. Built in 1925, this charming property has been cared for over the years and offers steady income in a highly sought-after rental market. Property to be sold with long-time tenants in place. The property features 3 individual units: UNIT #1: 1-bedroom, 1-bath. UNIT #2: 2-bedroom, 1-bath. UNIT #3: 2-bedroom, 1-bath. With a mix of 1 and 2 bedroom layouts, this versatile triplex appeals to a broad range of renters. Most of the current tenants are long-term and stable, providing consistent cash flow & minimal turnover. The property is subject to rent-control regulations. Just minutes from USC Health Sciences Campus, Keck Hospital of USC, and Los Angeles General Medical Center plus local stores, coffees shops & restaurants. The strong rental demand in this area makes this property a standout choice for investors looking to grow their portfolio. Don't miss out on this income generating opportunity in one of L.A.'s most reliable rental corridors. Whether you're a seasoned investor or looking for your first multi-unit property, this property offers solid upside potential and long-term value. Bonus investment opportunity: The sister building (1153 Cornwell St) is also for sale. Both units are R3 zoning. We are looking to sell both properties together offering a rare chance to own side by side income-generating buildings.
Presented By: Raquel Magro with Pinnacle Estate Properties, Inc.; 818-968-4585

Interior Features for 1151 Cornwell Street

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
FlooringCarpet, Tile
Heating Y/NYes
Laundry FeaturesNone
Total Stories1

Other Rooms

Entry Level1

General for 1151 Cornwell Street

Additional Parcels Y/NNo
Architectural StyleTraditional
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesCurbs, StreetLights, Sidewalks
Construction MaterialsStucco
ContingencyNone
CoolingWallWindowUnits
CountyLos Angeles
DirectionsMarengo St & N Soto St
DisclosuresRentControl
Electric Expense0.0
Entry Location1
ExclusionsTBD
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income94513.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashToNewLoan
Lot Size Square Feet5184.0
Lot Size UnitsSquareFeet
MLS AreaBOYH - Boyle Heights
MobileHomeRemainsYNNo
Net Operating Income0.0
New ConstructionNo
Number Of Units Total3
Open Parking Spaces3.0
Operating Expense0.0
Pool FeaturesNone
Property Attached Y/NNo
Property ConditionAdditionsAlterations, RepairsCosmetic
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidentialIncome
Rent Control Y/NYes
RoofComposition
Security FeaturesCarbonMonoxideDetectors, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tax Lot137
Tenant PaysElectricity, Gas
Trash Expense0.0
ViewNeighborhood
Virtual TourClick here
Virtual TourClick here
Water Sewer Expense0.0
Year Built1925
Year Built SourceAssessor
ZoningLAR3

Exterior for 1151 Cornwell Street

Building Area Total1730.0
Crops Included Y/NNo
Horse Y/NNo
InclusionsTBD
Irrigation Water Rights Y/NNo
Lot FeaturesFrontYard, NearPublicTransit
Lot Size Acres0.119
Lot Size Area5184.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters0
Parking FeaturesOneSpace, SharedDriveway
Private PoolNo
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking3.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $650,000
MLS#SR25158893
List Date 07/15/2025
Property Type Multi-Family
Phone 714.742.6515
Request Tour
Request Info
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