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Listed by Raquel Magro • Pinnacle Estate Properties, Inc.
$ 1,275,000
Est. payment /mo
Active
1151 1153 Cornwell ST Los Angeles, CA 90033
10,367 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR25187546
Style Traditional
Year Built 1925
Lot Size 10,367 Sqft
Source California Regional MLS
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 neighborhoo
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Laundry None
Exterior
Parking Features Assigned Spaces, Parking Area
Garage Spaces 7.0
Pool 31, None
View Local/Neighborhood
Roof Type Flat / Low Pitch,Shingle,Composition
Building
Water District - Public
Architectural Style Traditional
Others
Tax ID 5201010024
Special Listing Condition Not Applicable
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