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357 Cornwell

Los Angeles (City), CA 90033
  • $1,249,000
  • STATUS: Active
  • ON SITE: 73 Days
  • ID#: SR26046908
Price Reduced
UPDATED: 45 min ago
$1,249,000
  • 6
    BEDS
  • 0.15
    ACRES
  • 6
    BATHS
  • 2
    1/2 BATHS
  • 3,600
    SQFT
  • $347
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1908
County:

School Ratings & Info

School District:
Listing Agent(s): Stacey Havener of True North Realty (661-212-7943) and Brandon Beckwith of SOUTHLAND PROPERTIES(626-914-6999)


Description

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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-17T19:34:14.673. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Go Gabby. Licensed in the State of California, USA.
www.gogabby.com/homes/173689429
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357 Cornwell Los Angeles (City), CA 90033

  • Price: $1,249,000
  • Status: Active
  • On Site: 73 Days
  • Updated: 45 min ago
  • ID#: SR26046908
6
Beds
6
Baths
2
½ Baths
0.15
Acres
3,600
SQFT
$347
$/SQFT
1908
Built
Neighborhood:
BOYH - Boyle Heights
County:
Los Angeles
Area:
BOYH - Boyle Heights
School District:
Los Angeles Unified
Property Description
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.
Exterior Features

Carport Spaces 2 Carport YN Yes Entry Level 1 Entry Location 1/1 Lot Features 0-1 Unit/Acre Parking Total 2 Pool Features None Pool Private YN No Property Attached YN No View None View YN No

Interior Features

Common Walls No Common Walls Cooling Ductless Cooling YN Yes Fireplace Features None Fireplace YN No Heating Ductless Heating YN Yes Interior Features Walk-In Closet(s) Main Level Bathrooms 8 Main Level Bedrooms 6

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Street LightsSidewalksUrban Garage YN No Land Lease YN No Laundry Features Inside Lease Considered YN No Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanFHA New Construction YN No Property Sub Type Triplex Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Structure Type Triplex Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-17T19:34:14.673. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Go Gabby. Licensed in the State of California, USA.
 
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1901 S Catalina Ave.
Redondo Beach CA, 90277
Listing Agent(s): Stacey Havener of True North Realty (661-212-7943) and Brandon Beckwith of SOUTHLAND PROPERTIES(626-914-6999)