357 Cornwell Los Angeles, CA $ 1,349,000
357 Cornwell
$ 1,349,000
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357 Cornwell

Los Angeles, CA, 90033
$ 1,349,000
Baths2.0 Sq 3,600

Monthly Estimate*

$ 8,306

Listed by True North Realty
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Studio

Single Family Home for sale in Los Angeles, CA

for $1,349,000 with 2 full baths. This 3,600 square foot home was built in 1908 on a lot size of 0.1468.

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.

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Single Family Active

Price

$ 1,349,000

Bedrooms

Studio

Full Bath

2

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

0.1468

Year Built

1908

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SR26047857

Days on Market

6

Features
General
Sewer PublicSewer
Heating Ductless
Cooling Ductless
Garage Spaces 0
Pool Features None
Year Built 1908
Property Subtype Triplex
Gross Income 115800
Community Features StreetLights Sidewalks Urban
County Los Angeles
Net Operating Income 101400
Operating Expense 14403
Insurance Expense 3000
New Construction false
Property Type ResidentialIncome
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions On Cornwell nearest cross streets E. Ceasar Chavez and N. Soto
City Los Angeles
Entry Location 1
Senior Community Y/N false
Number Of Units Total 3
MLS Area BOYH - Boyle Heights
Lot Size Units SquareFeet
Lot Size Square Feet 6394
Carport Spaces 2
Carport Y/N true
Listing Terms Cash CashToNewLoan FHA Submit
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 14
Property Sub Type Additional Triplex
Cap Rate 7.37
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Interior
Fireplace Features None
Total Stories 2
Common Walls NoCommonWalls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Inside
Entry Level 1
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Exterior
Parking Features Carport
Lot Features ZeroToOneUnitAcre
Water Source Public
Total Parking 2
Lot Size Area 6394
Number of Buildings 2
Building Area Total 3600
Lot Size Acres 0.1468
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 1
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* Excluded Features
List By
True North Realty

Broker

shavener@gmail.com

Email

Affordability Calculator

$8,306
Per Month
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Monthly Principal & Interest
$8,306
Monthly Property Taxes
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/7/2026$1,349,000 Listed Price

Map


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357 Cornwell, Los Angeles, CA, 90033 is a Single Family Home for sale at $1,349,000 with 3,600 sqft and a lot size of 0.1468. 357 Cornwell is a studio with 2.0 baths and was built in 1908. The property's zip code is 90033 which is in Los Angeles, CA