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Listed by Daniel Boyer • SOUTHLAND PROPERTIES
$1,379,900
Est. payment /mo
6 Beds
7 Baths
3,600 SqFt
Price Dropped by $20K
357 Cornwell ST Los Angeles, CA 90033
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $383
MLS Listing ID CRCV25264893
Bedrooms 6
Full Baths 6
Half Baths 2
Year Built 1908
Lot Size 6,394 Sqft
Property Sub-Type Triplex
Source California Regional MLS
Property Description
House Hack Opportunity! Live in one unit, rent out the other two. Introducing a freshly renovated income property that pairs modern upgrades with solid rental performance. Front 2 units are each 1,400 sqft, 2 Bed, 2.5 Bath. Downstairs unit is leased at $3,500/month and Upstairs is Vacant (ready for owner occupant or can easily be rented out). The detached ADU in the back of the property is 810 sqft, 2 Bed, 2 Bath with vaulted ceilings and is leased for $2,900/month. With a potential CAP rate of 7%, each spacious unit has been thoughtfully redesigned, including one ground-up, newly built unit. Contemporary finishes, open layouts, and great natural light make the spaces especially appealing to tenants who want both style and practicality. The updated kitchens offer sleek cabinetry, premium countertops, and modern appliances that elevate the look beyond standard rentals. Bedrooms are well-sized, and the remodeled bathrooms feature clean, modern fixtures. Several units even have private outdoor space for relaxing or entertaining. Along with strong design, this property stands out as a true investment opportunity. Three high income-producing units and a strong cap rate create a rare chance for immediate cash flow and long-term appreciation. Set in one of Los Angeles' fastest-growing n
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Interior
Cooling Central AC
Fireplaces Type None
Laundry Other
Exterior
Garage Spaces 2.0
Pool None
View None
Building
Sewer TBD
Water District - Public
Others
Tax ID 5175012010
Special Listing Condition Not Applicable
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