1151 1153 Cornwell Street, Los Angeles, California 90033

  • $1,170,000
  • $1,275,000
1151-1153 Cornwell Street, Los Angeles, CA 90033
Active Repairs Cosmetic
1151 1153 Cornwell Street, Los Angeles, California 90033
1151-1153 Cornwell Street, Los Angeles, CA 90033
  • $1,170,000
  • $1,275,000

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 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.

  • Address 1151-1153 Cornwell Street
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90033
  • Country US

Details

Updated on May 22, 2026 at 6:42 pm
  • Property ID: SR26057016
  • Price: $1,170,000
  • Property Size: 3682 Sqft
  • Land Area: 0.238 Acres
  • Year Built: 1925
  • Property Type: Mixed Use, Residential Income
  • Property Status: Active

Additional details

  • Listing Terms: Cash, Cash to New Loan
  • Roof: Composition, Flat, Other, Shingle
  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • County: Los Angeles
  • Property Type: Residential Income
  • Pool: None
  • Parking: Assigned, One Space, Shared Driveway
  • Community Features: Curbs, Street Lights, Sidewalks
  • Architectural Style: Traditional

Features

Video

360° Virtual Tour

Contact Information

View Listings
Hoyt Hochman

Enquire About This Property

Compare listings

Compare
Hoyt Hochman
  • Hoyt Hochman