Millman Team Real Estate

$1,449,000
6 Bed
8 Bath
3,600 Sqft
0.15 Acre Lot

357 Cornwell Street, Los Angeles, California 90033

  • Residential Income Property Type
  • 3,600 Sqft Square Footage
  • Garage Cars Garage
  • 1908 Year Built
Property Description

Introducing this freshly renovated income property that perfectly blends modern updates with strong rents. With a high cap rate of 6.6%, each of the spacious units has been thoughtfully redesigned with one being new construction. Contemporary finishes, open floor plans, and abundant natural light, make it highly attractive to tenants seeking both style and functionality. The updated kitchens feature sleek cabinetry, premium countertops, and modern appliances, offering the kind of design that sets this property apart from standard rentals. Bedrooms are generously sized, complemented by remodeled bathrooms with chic, modern fixtures. Several units also enjoy private outdoor spaces, ideal for relaxing or entertaining. Beyond its aesthetic appeal, this building is a true investor’s gem: with three high income-producing units and a high cap rate, it presents a rare chance to achieve both immediate cash flow and long-term appreciation. Located in one of Los Angeles’ fastest-growing neighborhoods, the property offers tenants convenient access to dining, shopping, and entertainment, while owners benefit from a location poised for continued growth. Whether you are a seasoned investor or looking to expand your portfolio, this turn-key triplex combines strong financial performance with long-term upside.

Basic Details
Residential Income
For Sale
25600925
$1,449,000
6
8
3,600 Sqft
1908
0.15 Acre
Active
Features
: Central
: Central Air
: Garage
$0
Appliances
: Dishwasher, Microwave, Dryer, Washer, Refrigerator
Address Map
CA
Los Angeles
Los Angeles
90033
Cornwell
357
Street
Google maps
BOYH - Boyle Heights
LARD1.5
Additional Information
$0
$0
$0
$0
$0
3600
: Multi/Split
50x128
3
2025-10-02
1495000
2
Broker/Agent Information
Compass
Robert Fields
Listing Information
Lauren Biedenharn
CLW-C117035
CLW-X7755905
Compass
CLW-C131476
CLW-X7755902
Active
2025-10-20T23:46:38Z
CRMLS
: Standard
2025-10-02T00:00:00Z
Agent info
Ray Millman
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