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$765,000
Listing Price4beds
4baths
1,952sqft
5,183sqft lot
1153 Cornwell St, Los Angeles, CA 90033
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
This property must be sold with sister building 1151 Cornwell St. There would be a total of 7 units. Boyle Heights FOURPLEX Investment Opportunity. INVESTOR Alert! Located in the heart of Los Angeles, 1153 Cornwell St offers a fantastic opportunity to own a 4-unit income property in one of L.A.s most historically high-demand rental markets. Built in 1936, this charming fourplex features studio style 1-bedroon units, ideal for steady rental income with minimal management complexity. There are 2 buildings, each offering two of the 1-bedroom studio style units. Most of the tenants are long-term and property will be sold with tenants-in-place. The property is subject to rent-control regulations. Situated just minutes from USC Medical Science Campus and Los Angeles General Medical Center, this property is perfectly positioned for tenants working or studying in the nearby medical & academic communities. Local amenities include a well-known coffee shop down the street and a variety of beloved mom-and-pop restaurants, adding to the strong neighborhood appeal. Oh, and its freeway close too! Bonus investment opportunity - The sister building at 1151 Cornwell St, a well-maintained Triplex is also available for sale. Together, these side-by-side properties present a unique chance to acquir
Interior Details
1952
4
4
Has Heating:
No
Heating Type:
N/A
Has Cooling:
Yes
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
5183
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Quadraplex
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$3,645
$183,735
$99,692
--%
$283,427
2019
$3,645
$180,133
$97,738
--%
$277,871
2018
$3,563
$176,601
$95,822
--%
$272,423
2017
$3,488
$173,139
$93,944
--%
$267,083
2016
$3,393
$169,745
$92,102
--%
$261,847
2014
$3,383
$163,921
$88,942
--%
$252,863
2013
$3,384
$163,181
$88,541
--%
$251,722
2012
$3,329
$159,982
$86,805
--%
$246,787
Average Home Price in 90033
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In August 2024, LA’s pre-foreclosures plummeted 50% from July and 60% from last year, suggesting better economic conditions or successful homeowner interventions. Similar trends in San Jose, while SF and SD remain stable. Sacramento shows significant improvement. LA’s efforts stand out. #HousingMarket #LosAngeles





