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$1,399,900

Est. payment - /mo

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6 Beds

8 Baths

3,600 SqFt

New

357 Cornwell ST Los Angeles, CA 90033

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The Brandon Drew Group

financing@tbdgmortgagefirm.com +1(909) 944-8800

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $388

MLS Listing ID CV25264893

Bedrooms 6

Full Baths 6

Half Baths 2

HOA Y/N No

Year Built 1908

Property Sub-Type Triplex

Property Description

House Hack Opportunity! Live in one unit, rent out the other two. Introducing a freshly renovated income property that pairs modern upgrades with solid rental performance. Front 2 units are each 1,400 sqft, 2 Bed, 2.5 Bath. Downstairs unit is leased at $3,500/month and Upstairs is Vacant (ready for owner occupant or can easily be rented out). The detached ADU in the back of the property is 810 sqft, 2 Bed, 2 Bath with vaulted ceilings and is leased for $2,900/month. With a potential CAP rate of 7%, each spacious unit has been thoughtfully redesigned, including one ground-up, newly built unit. Contemporary finishes, open layouts, and great natural light make the spaces especially appealing to tenants who want both style and practicality. The updated kitchens offer sleek cabinetry, premium countertops, and modern appliances that elevate the look beyond standard rentals. Bedrooms are well-sized, and the remodeled bathrooms feature clean, modern fixtures. Several units even have private outdoor space for relaxing or entertaining. Along with strong design, this property stands out as a true investment opportunity. Three high income-producing units and a strong cap rate create a rare chance for immediate cash flow and long-term appreciation. Set in one of Los Angeles' fastest-growing neighborhoods, tenants enjoy quick access to dining, shopping, and entertainment, while owners benefit from a location positioned for continued growth. Whether you're a seasoned investor or expanding your portfolio, this turnkey triplex delivers both dependable performance and long-term upside.

Location

State CA

County Los Angeles

Area Boyh - Boyle Heights

Rooms

Main Level Bedrooms 6

Interior

Cooling Central Air

Fireplaces Type None

Fireplace No

Laundry Inside

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Sidewalks

View Y/N No

View None

Total Parking Spaces 2

Private Pool No

Building

Lot Description Yard

Dwelling Type Triplex

Story 2

Entry Level Two

Sewer Unknown

Water Public

Level or Stories Two

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 5175012010

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

Listed by Daniel Boyer SOUTHLAND PROPERTIES 626-484-0688

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