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For Sale

357 Cornwell

357 Cornwell, LOS ANGELES, CA 90033

$1,299,000
House Hack or Investment Opportunity! Live in one unit and rent out the other two. Freshly renovated income property offering modern upgrades and strong rental potential. The front building features two spacious units, each approximately 1,400 sq ft with 2 bedrooms and 2.5 bathrooms. The downstairs unit is currently leased at $3,500 per month, while the upstairs unit is vacant, making it ideal for an owner-occupant or ready for immediate rental. At the rear of the property is a detached ADU (approx. 810 sq ft) featuring 2 bedrooms, 2 bathrooms, and vaulted ceilings, currently leased for $2,900 per month. Each unit has been thoughtfully updated, including one newly built ground-up unit, with open layouts, contemporary finishes, and abundant natural light. Updated kitchens feature modern cabinetry, quality countertops, and newer appliances. Bedrooms are well-sized, and bathrooms have been remodeled with clean, modern fixtures. Several units also offer private outdoor space. With three income-producing units and a potential cap rate of approximately 7%, the property offers immediate rental income with long-term upside. Located in a rapidly evolving Los Angeles neighborhood, the property provides convenient access to dining, shopping, and entertainment, making it attractive to both tenants and investors. A strong opportunity for owner-occupants, investors, or those looking to expand their portfolio with a turnkey triplex.

6
beds

8
baths

3,600 Sq.Ft. LIVING AREA

6,394 Sq.Ft. lot

Robby Fields

Robby Fields

Features & Amenities

Interior

  • total bedrooms6
  • Total bathrooms8
  • Laundry room Inside
  • Fireplace None

Area & Lot

  • Status For Sale
  • Living Area3,600 Sq.Ft.
  • Lot Area6,394 Sq.Ft.
  • MLS® IDSR26134411MR
  • TypeMulti-Family
  • YEAR BUILT1908

Exterior

  • STORIES2
  • water SourcePublic
  • PoolNone
  • parkingCarport
  • HEAT TYPEDuctless
  • AIR CONDITIONINGDuctless
  • sewerPublic Sewer

Financial

  • Sales Price$1,299,000

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