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$650,000
Listing Price5beds
3baths
1,730sqft
5,184sqft lot
1151 Cornwell St, Los Angeles, CA 90033
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Full foreclosure details
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
This property must be sold with sister building 1153 Cornwell St. Incredible investment opportunity - Triplex in a prime Boyle Heights location. Welcome to 1151 Cornwell St a well-maintained Triplex located in the heart of Los Angeles. Built in 1925, this charming property has been cared for over the years and offers steady income in a highly sought-after rental market. Property to be sold with long-time tenants in place. The property features 3 individual units: UNIT #1: 1-bedroom, 1-bath. UNIT #2: 2-bedroom, 1-bath. UNIT #3: 2-bedroom, 1-bath. With a mix of 1 and 2 bedroom layouts, this versatile triplex appeals to a broad range of renters. Most of the current tenants are long-term and stable, providing consistent cash flow & minimal turnover. The property is subject to rent-control regulations. Just minutes from USC Health Sciences Campus, Keck Hospital of USC, and Los Angeles General Medical Center plus local stores, coffees shops & restaurants. The strong rental demand in this area makes this property a standout choice for investors looking to grow their portfolio. Dont miss out on this income generating opportunity in one of L.A.s most reliable rental corridors. Whether youre a seasoned investor or looking for your first multi-unit property, this property offers solid up
Interior Details
1730
5
3
Has Heating:
Yes
Heating Type:
Yes
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
5184
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
Triplex
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$3,272
$170,986
$81,755
--%
$252,741
2019
$3,272
$167,634
$80,152
--%
$247,786
2018
$3,168
$164,348
$78,581
--%
$242,929
2017
$3,100
$161,126
$77,041
--%
$238,167
2016
$3,016
$157,967
$75,531
--%
$233,498
2014
$3,004
$152,548
$72,940
--%
$225,488
2013
$3,004
$151,859
$72,611
--%
$224,470
2012
$2,955
$148,882
$71,188
--%
$220,070
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





