357 Cornwell Street
Los Angeles, CA 90033
- 7 beds
- 3 baths
- 2,312 sqft
- 6,394 sqft lot
- $342 per sqft
- 1908 build
- – on site
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Great equity opportunity for an investor and/or owner occupant buyers looking to move closer to Los Angeles in the Boyle Heights area of East Los Angeles. This property, with LARD1.5 zoning, offers a 7 bedroom + office and 3 full baths. 2 bedroom-1 full bath on the first level, while the second level features 5 bedrooms/office, highlighting the opportunity for multiple dwelling utilization. The home includes two detached 1-car garages and a backyard with plenty of space to relax, entertain, build, or enjoy green garden space. Although it requires some fixer-upper attention, this property holds great potential. Notably, the basement, framed for rooms by a prior tenant (with the seller having no knowledge of the intended use), invites buyers to explore development possibilities. Interested parties are encouraged to contact the City of Los Angeles Building & Safety and Planning Departments for feasibility assessment. The property is advantageously located just blocks from USC University & Hospital, adding to its desirability with close proximity to Keck Medicine of USC, CSULA, DTLA, Alhambra, and the 10-Freeway. The area is experiencing an explosion of new developments, making it a high-density, centrally located market with no historic review and designated as TOC Tier 3. On Zimas.LaCity.org, the property is listed with two addresses, 357 and 359 Cornwell, and has records of permits for the second story expansion and bedroom enlargement. Tax records show a 4/2 layout, but the property actually comprises 7 bedrooms and 3 baths. Potential buyers should conduct their due diligence and inspection. The property may be located within the USC employee assistance program area, offering additional benefits. This Boyle Heights investment is offered solely for cash, conventional, and hard-money loan purchases. Drive by and check out this desirable, central location.
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Last updated Nov 23, 2024
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MLS# OC24062386 —
The Building
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Year Built:1908
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Year Built Source:Public Records
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New Construction:No
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Total Number Of Units:1
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Structure Type:House
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Stories Total:2
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Entry Level:1
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Common Walls:No Common Walls
Interior
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Levels:Two
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Entry Location:1
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Room Type:Kitchen, Living Room, Main Floor Bedroom
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Living Area Units:Square Feet
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Living Area Source:Assessor
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Fireplace:No
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Fireplace:None
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Laundry:See Remarks
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Laundry:1
Room Dimensions
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Living Area:2312.00
Location
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Directions:Barlow St. to Cornwell
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Latitude:34.04928100
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Longitude:-118.20903200
The Property
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Property Type:Residential
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Subtype:Single Family Residence
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Zoning:LARD1.5
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Lot Features:Back Yard
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Lot Size Area:6394.0000
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Lot Size Acres:0.1468
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Lot Size SqFt:6394.00
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Lot Size Source:Assessor
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View:1
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View:Hills, Neighborhood
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Security Features:Carbon Monoxide Detector(s), Smoke Detector(s)
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Additional Parcels:No
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Land Lease:No
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Lease Considered:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:2036.02
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Tax Tract:1
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Tax Lot:14
Beds
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Total Bedrooms:7
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Main Level Bedrooms:2
Baths
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Total Baths:3
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Bathroom Features:Shower in Tub, Main Floor Full Bath
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Full & Three Quarter Baths:3
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Main Level Baths:1
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Full Baths:3
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5175012010
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:No
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Cooling:None
Utilities
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Utilities:Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Dishwasher, Gas Range, Microwave
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Included:Yes
Schools
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High School District:Los Angeles Unified
The Community
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Neighborhood:Boyle Heights
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Features:Sidewalks
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:Yes
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Assessments:Unknown
Parking
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Parking:Yes
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Parking:Garage
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Parking Spaces:2.00
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Attached Garage:No
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Garage Spaces:2.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/20/24
May 20, 2024
|
Sold | CRMLS_CA | $792,000 | -6.8% |
|
4/8/24
Apr 8, 2024
|
Pending | CRMLS_CA | $850,000 | |
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3/31/24
Mar 31, 2024
|
Listed / Active | CRMLS_CA | $850,000 |
