Millman Team Real Estate

$1,275,000
0.24 Acre Lot

1151 1153 Cornwell Street, Los Angeles, California 90033

  • Residential Income Property Type
  • One Space Cars Garage
  • 1925 Year Built
Property Description

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.

Basic Details
Residential Income
For Sale
SR25187546
$1,275,000
Neighborhood
1925
0.24 Acre
Active
1
Mixed Use
: Shingle, Composition, Other, Flat
Features
: None
: Wall Furnace
: Wall/Window Unit(s)
: Wrought Iron, Block, Chain Link
: One Space, Assigned, Shared Driveway
: Traditional
: None
: Public Sewer
$0
Address Map
CA
Los Angeles
Los Angeles
90033
Cornwell
1151 1153
Street
Marengo St and N. Soto St.
BOYH - Boyle Heights
LAR3
Additional Information
$0
$0
$0
$0
$0
3682
: Sidewalks, Street Lights, Curbs
: Stucco
1
: Front Yard, Near Public Transit
7
2025-08-20
1350000
1
: Public
Broker/Agent Information
Pinnacle Estate Properties, Inc.
Raquel Magro
Listing Information
F210077879
F2435003
Cash,Cash to New Loan
Active
2025-11-21T23:43:41Z
CRMLS
: Standard
2025-08-20T16:49:44Z
Agent info
Ray Millman
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