318 Cornwell Los Angeles, CA $ 1,599,900
318 Cornwell
$ 1,599,900
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318 Cornwell

Los Angeles, CA, 90033
$ 1,599,900
Baths1.0 Sq 4,796

Monthly Estimate*

$ 9,851

Listed by RE/MAX One
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,599,900 with 1 full bath. This 4,796 square foot home was built in 1924 on a lot size of 0.1509.

Located in the vibrant and rapidly evolving Boyle Heights neighborhood of Los Angeles, this well-maintained four-unit property presents an exceptional investment opportunity. Each of the four spacious units features 2 bedrooms and 1 bathroom, offering an ideal layout for both tenants and owner-occupants alike. The property boasts approximately 4,796 square feet of total building area and has been thoughtfully improved with upgraded windows and enhancements throughout most units, providing added comfort, efficiency, and modern appeal. Rear parking offers convenient off-street access for residents. Perfectly positioned near a wide array of dining, shopping, and entertainment options, the location continues to attract strong rental demand as the area grows and develops. Whether you're an investor seeking solid income potential or an owner-occupant looking to live in one unit while generating rental income from the others, this property offers versatility and long-term upside. A rare opportunity to acquire a four-unit asset in one of Los Angeles’ most dynamic and emerging communities.

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Multi-Family Active

Price

$ 1,599,900

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1509

Year Built

1924

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SR26060822

Days on Market

5

Features
General
Sewer Public Sewer
Garage Spaces 0
Pool Features None
Year Built 1924
Property Subtype Apartment
Gross Income 100299
Community Features Street Lights
County Los Angeles
Net Operating Income 100299
Operating Expense 0
Insurance Expense 0
New Construction false
Property Type Residential Income
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions E Ceaser Chavez & Cornwell St
City Los Angeles
Entry Location Main
Senior Community Y/N false
Number Of Units Total 4
MLS Area BOYH - Boyle Heights
Lot Size Units Square Feet
Lot Size Square Feet 6574
Carport Spaces 4
Carport Y/N true
Listing Terms Cash Conventional 1031 Exchange FHA VA Loan
Property Attached Y/N true
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 true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 19
Property Sub Type Additional Apartment
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Interior
Total Stories 2
Common Walls 2+ Common Walls
Laundry Features Inside
Entry Level 1
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Exterior
Lot Features Back Yard Front Yard Near Public Transit
Water Source Public
Total Parking 4
Lot Size Area 6574
Number of Buildings 1
Building Area Total 4796
Lot Size Acres 0.1509
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 4
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
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* Excluded Features
List By
Re/Max One

Broker

info@moarealestate.com

Email

Affordability Calculator

$9,851
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Monthly Principal & Interest
$9,851
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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
3/20/2026$1,599,900 Listed Price

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318 Cornwell, Los Angeles, CA, 90033 is a Multi-Family Home for sale at $1,599,900 with 4,796 sqft and a lot size of 0.1509. 318 Cornwell is a studio with 1.0 baths and was built in 1924. The property's zip code is 90033 which is in Los Angeles, CA