1153 Cornwell Street, Los Angeles, CA 90033
  • MLS#: SR25159033 ( Quadruplex )
  • Street Address: 1153 Cornwell Street
  • Viewed: 2
  • Price: $765,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1936
  • Bldg sqft: 0
  • Days On Market: 6
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90033
  • Provided by: Pinnacle Estate Properties, Inc.
  • Contact: Raquel Raquel
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    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.
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Features
Architectural Style
  1. Spanish
  2. Traditional
Assessments
  1. Unknown
Association Fee
  1. 0.00
Building Area Total
  1. 1952.00
Carport Spaces
  1. 0.00
Commoninterest
  1. None
Common Walls
  1. 2+ Common Walls
Construction Materials
  1. Stucco
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Electric Expense
  1. 0.00
Exclusions
  1. TBD
Fireplace Features
  1. None
Flooring
  1. Laminate
  2. Tile
Fuel Expense
  1. 0.00
Garage Spaces
  1. 0.00
Inclusions
  1. TBD
Insurance Expense
  1. 0.00
Interior Features
  1. Laminate Counters
Laundry Features
  1. None
Levels
  1. Two
Lockboxtype
  1. None
Lot Features
  1. Near Public Transit
Netoperatingincome
  1. 0.00
Parcel Number
  1. 5201010023
Parking Features
  1. Driveway
  2. Parking Space
Pool Features
  1. None
Postalcodeplus4
  1. 1449
Property Type
  1. Quadruplex
Property Condition
  1. Additions/Alterations
  2. Repairs Cosmetic
Road Frontage Type
  1. City Street
Road Surface Type
  1. Paved
Roof
  1. Flat
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 443087929:CRM
Spa Features
  1. None
Tenant Pays
  1. Electricity
  2. Gas
Totalexpenses
  1. 0.00
Trash Expense
  1. 0.00
Uncovered Spaces
  1. 4.00
Utilities
  1. Sewer Connected
View
  1. Neighborhood
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Year Built
  1. 1936
Year Built Source
  1. Assessor
Zoning
  1. LAR3