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1153 Cornwell Street

Los Angeles, CA 90033

– beds
– baths
– sqft
5,183 sqft lot
1936 build
– on site

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 it's 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 acquire two income-producing buildings (R3 zoning). Don't miss this exceptional chance to expand your portfolio with a stable, centrally located investment property. This is the type of opportunity that rarely comes to market, own both! Maximize your rental income potential.

Listed By CRMLS_CA / Raquel Magro / Pinnacle Estate Properties, Inc. / 818-968-4585

Last checked: Checking… • Last updated Jul 16, 2025 •

MLS# SR25159033 —

The Building

Year Built:

1936
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Stucco
Building Area Total:

1952.00
Building Area Units:

Square Feet
Total Number Of Units:

4
# of Buildings:

2
Architectural Style:

Spanish, Traditional
Roof:

Flat
Stories Total:

2
Entry Level:

1
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

4
# of Separate Electric Meters:

4

Interior

Features:

Laminate Counters
Levels:

Two
Entry Location:

1
Flooring:

Laminate, Tile
Number Wall AC:

4
Fireplace:

No
Fireplace:

None
Laundry:

None

Financial & Terms

Disclosures:

Rent Control

Location

Directions:

Marengo St and N. Soto St
Latitude:

34.05704800
Longitude:

-118.20446400

The Property

Property Type:

Residential Income
Subtype:

Quadruplex
Property Condition:

Additions/Alterations, Repairs Cosmetic
Zoning:

LAR3
Lot Features:

Near Public Transit
Lot Size Area:

5183.0000
Lot Size Acres:

0.1190
Lot Size SqFt:

5183.00
Lot Size Source:

Assessor
View:

1
View:

Neighborhood
Exclusions:

TBD
Road Frontage:

City Street
Road Surface Type:

Paved
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

2033.00
Tax Tract:

2033
Tax Lot:

136

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5201010023

Heating & Cooling

Cooling:

Yes
Cooling:

Wall/Window Unit(s)

Utilities

Utilities:

Sewer Connected
Sewer:

Public Sewer
Water Source:

Public

The Community

Features:

Curbs, Sidewalks, Street Lights
Inclusions:

TBD
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None
Assessments:

Yes
Assessments:

Unknown

Parking

Parking:

Yes
Parking:

Driveway, Parking Space
Parking Spaces:

4.00
Uncovered Spaces:

4.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
7/15/25 Jul 15, 2025	Listed / Active	CRMLS_CA	$765,000

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This multifamily located in Eastside, Los Angeles, CA 90033 is currently for sale for $765,000. 1153 Cornwell Street is a – square foot multifamily with – beds and – baths that has been on Estately for 1 days. 1153 Cornwell Street is in the Eastside neighborhood of Los Angeles and has a WalkScore® of 77, making it very walkable. This multifamily is in the attendance area of Sheridan Street Elementary School, Woodrow Wilson Senior High School, and Abraham Lincoln Senior High School.

Listing Courtesy of: CRMLS_CA and Pinnacle Estate Properties, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of 00:02 on Jul 16.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.