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.
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
Est.:
Mixed Use
Built in 1925
-- sqft lot
$1,195,000 Zestimate®
$346/sqft
$-- HOA
What's special
- 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#: SR25187546
Originating 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
Estimated market value
$1,195,000
$1.14M - $1.25M
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/17/2025 | Price change | $1,275,000-5.6%$346/sqft |
Source: | ||
| 8/21/2025 | Listed for sale | $1,350,000$367/sqft |
Source: | ||
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
- 5/10Sheridan Street Elementary SchoolGrades: K-6Distance: 0.5 mi
- 6/10El Sereno Middle SchoolGrades: 6-8Distance: 2.2 mi
- 7/10Abraham Lincoln Senior High SchoolGrades: 9-12Distance: 1.2 mi
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