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For sale
  • Listing Provided by: 

    Raquel Magro DRE #00920540 818-968-4585,

    Pinnacle Estate Properties, Inc.

    Price cut: $75K (10/17)
    $1,275,000

    1151-1153 Cornwell St, Los Angeles, CA 90033

    9beds
    7baths
    3,682sqft
    : 
    Mixed Use
    Built in 1925
    -- sqft lot
    $1,195,000 Zestimate®
    $346/sqft
    $-- HOA

    What's special

    Looking for 7 UNITS, well you have just stumbled on this unique purchase. Presenting a rare opportunity to acquire two side-by-side income producing sister-buildings in the heart of Boyle Heights. 1151 and 1153 Cornwell St - both being sold together for a total of 7 UNITS. 1151 Cornwell St is a well maintained TRIPLEX offering UNIT#1: 1-bedroom, 1-bath. UNIT#2: 2-bedroom, 1-bathroom. UNIT#3: 2-bedroom, 1-bathroom. 1153 Cornwell St is a 2-story FOURPLEX comprised of four studio-style unit apartments ideal for steady income. These versatile floorplans appeal to a broad range of renters. Some of the current renters have been long-term tenants, and both building will be sold with the tenants in place. Both properties are subject to Los Angeles rent control and are perfectly positioned just minutes from USC Medical Science Campus and Los Angeles General Medical Center - making them highly desirable for tenants in the medical & academic communities. The location also offers convenient access to local amenities including a popular neighborhood coffee shop, mom-and-pop restaurants and mayor freeways. Together, these two sister properties sit on R3 zoning and present an exceptional chance to expand your real estate portfolio with 7 total UNITS, steady rental income, and strong neighborhood appeal. Opportunities like this rarely come to the market. OWN BOTH and maximize your rental income potential. Please note there are 2 APN parcel numbers.
    147 days
    |
    76
    |
    2
    |

    Zillow last checked: 8 hours ago

    Listing updated: December 03, 2025 at 11:13am

    Listing Provided by:

    Raquel Magro DRE #00920540 818-968-4585,

    Pinnacle Estate Properties, Inc.

    Source: CRMLS,MLS#: SR25187546MLS LogoOriginating MLS: California Regional MLS

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 7
    Heating
    • Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Laundry: None
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,682
    • Total interior livable area: 3,682 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: Assigned, One Space, Shared Driveway
    • Uncovered spaces: 7
    Features
    • Entry location: 1
    • Pool features: None
    • Spa features: None
    • Fencing: Block,Chain Link,Wrought Iron
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 10,367 Square Feet
    • Features: Front Yard, Near Public Transit
    Details
    • Additional parcels included: 5201010023
    • Parcel number: 5201010024
    • Zoning: LAR3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Mixed Use
    • Attached to another structure: Yes
    Materials
    • Stucco
    • Roof: Composition,Flat,Other,Shingle
    Condition
    • Repairs Cosmetic
    • New construction: No
    • Year built: 1925

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Street Lights, Sidewalks
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $346/sqft
    • Date on market: 8/20/2025
    • Cumulative days on market: 147 days
    • Listing terms: Cash,Cash to New Loan
    • Inclusions: TBD
    • Exclusions: TBD
    • Total actual rent: 8163
    • Tenant pays: Electricity, Gas
    • Road surface type: Paved
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    Estimated market value

    $1,195,000

    $1.14M - $1.25M

    Not available

    Price history

    Price history
    DateEventPrice
    10/17/2025Price change$1,275,000-5.6%$346/sqft
    Source: CRMLS #SR25187546 Report a problem
    8/21/2025Listed for sale$1,350,000$367/sqft
    Source: CRMLS #SR25187546 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Est. payment
    $7,955/mo
    Principal & interest
    $6277
    Property taxes
    $1232
    Home insurance
    $446

      Climate risks

      Neighborhood: Lincoln Heights

      Nearby schools

      GreatSchools rating

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