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Listed by Stacey Havener, DRE #01303680 • True North Realty
$1,299,000
Est. payment /mo
6,394 Sqft Lot
Active
357 Cornwell Los Angeles, CA 90033
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR26134411
Year Built 1908
Lot Size 6,394 Sqft
Property Sub-Type Triplex
Source California Regional MLS
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 attra
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Interior
Laundry Other
Exterior
Parking Features Carport
Garage Spaces 2.0
Pool None
Building
Water District - Public
Others
Tax ID 5175012010
Special Listing Condition Not Applicable
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