Properties

Los Angeles, CA 90033 357 Cornwell

357 Cornwell Los Angeles, CA - Image 1357 Cornwell Los Angeles, CA - Image 2357 Cornwell Los Angeles, CA - Image 3
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Presented By: Stacey Havener with True North Realty; 661-433-6630
  • MLS# SR26047857
  • 03/05/2026
  • Get pre-approved
  • Request Tour
  • Request Info
  • Baths • 2
  • SQFT • 3,600

Home Details

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.
Presented By: Stacey Havener with True North Realty; 661-433-6630

Interior Features for 357 Cornwell

Other Interior Features

Air Conditioning Y/NYes
Common WallsNo Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesInside
Total Stories2

Other Rooms

Entry Level1

General for 357 Cornwell

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate7.37
Carport Spaces2
Carport Y/NYes
CityLos Angeles
Community FeaturesStreet Lights, Sidewalks, Urban
CoolingDuctless
CountyLos Angeles
DirectionsOn Cornwell nearest cross streets E. Ceasar Chavez and N. Soto
Electric Expense
Entry Location1
Fuel Expense
Garage Spaces
Garage Y/NNo
Gross Income115800
HeatingDuctless
Insurance Expense3000
Land Lease Y/NNo
Listing TermsCash, Cash to New Loan, FHA, Submit
Lot Size Square Feet6394
Lot Size UnitsSquare Feet
MLS AreaBOYH - Boyle Heights
Net Operating Income101400
New ConstructionNo
Number Of Units Total3
Operating Expense14403
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NNo
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot14
Trash Expense0
Water Sewer Expense0
Year Built1908
Year Built SourceAssessor

Exterior for 357 Cornwell

Building Area Total3600
Lot Features0-1 Unit/Acre
Lot Size Acres0.1468
Lot Size Area6394
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters1
Number of Separate Gas Meters1
Number of Separate Water Meters1
Parking FeaturesCarport
Private PoolNo
Total Parking2
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,349,000
MLS#SR26047857
List Date 03/05/2026
Property Type Multi-Family
Phone 888.795.6274
Get pre-approved
Request Tour
Request Info
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info@connectrealty.com
2170 Buckthorne PL. #100
The Woodlands, TX 77380
866-938-0924
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