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3,682 sqft

$1,170,000

1151 1153 Cornwell Street, Los Angeles CA, 90033

Price per sqft$317.76
Built in1925
Property size3,682 sqft
Property typeMulti-family
Listed by Raquel Magro CA DRE# 00920540 with Pinnacle Estate Properties, Inc. 818-968-4585

Overview

Active

Listed Mar 16, 2026

Updated Aug 25

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.

$7,784/mo

Est. mortgage payment based on a $1,170,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
SR26057016

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.24 Acres

Other Property Details

View
Yes
55+/Senior Community
No
MLS provider logo

Listed by Raquel Magro CA DRE# 00920540 with Pinnacle Estate Properties, Inc. 818-968-4585

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/25/2026. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 8/25/2026 at 1:27 AM UTC Last Checked: 1:27 AM UTC

 

 

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