Los Angeles, CA 90033,357 Cornwell St
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Los Angeles, CA 90033,357 Cornwell St
Los Angeles, CA 90033,357 Cornwell St
Los Angeles, CA 90033,357 Cornwell St
Los Angeles, CA 90033,357 Cornwell St
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$ 1,449,000
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Price Dropped by $46K

357 Cornwell St Los Angeles, CA 90033

6 Beds

8 Baths

3,600 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $402

MLS Listing ID 25600925

Bedrooms 6

Year Built 1908

Lot Size 6,394 Sqft

Acres 0.1468

Property Sub-Type Multi-Family

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.

Location

State CA

County Los Angeles

Area Boyle Heights

Zoning LARD1.5

Rooms

Other Rooms Accessory Bldgs

Interior

Heating Central

Cooling Central, Multi/Zone

Equipment Dishwasher, Dryer, Freezer, Microwave, Range/Oven, Refrigerator, Washer

Exterior

Parking Features Garage

Garage Spaces 2.0

Building

Story 2

Level or Stories Multi/Split

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Compass

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357 Cornwell St

GET MORE INFORMATION

Name

Phone*

Message

Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

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