This property must be sold with sister building 1153 Cornwell St. Incredible investment opportunity - Triplex in a prime Boyle Heights location. Welcome to 1151 Cornwell St a well-maintained Triplex located in the heart of Los Angeles. Built in 1925, this charming property has been cared for over the years and offers steady income in a highly sought-after rental market. Property to be sold with long-time tenants in place. The property features 3 individual units: UNIT #1: 1-bedroom, 1-bath. UNIT #2: 2-bedroom, 1-bath. UNIT #3: 2-bedroom, 1-bath. With a mix of 1 and 2 bedroom layouts, this versatile triplex appeals to a broad range of renters. Most of the current tenants are long-term and stable, providing consistent cash flow & minimal turnover. The property is subject to rent-control regulations. Just minutes from USC Health Sciences Campus, Keck Hospital of USC, and Los Angeles General Medical Center plus local stores, coffees shops & restaurants. The strong rental demand in this area makes this property a standout choice for investors looking to grow their portfolio. Don't miss out on this income generating opportunity in one of L.A.'s most reliable rental corridors. Whether you're a seasoned investor or looking for your first multi-unit property, this property offers solid upside potential and long-term value. Bonus investment opportunity: The sister building (1153 Cornwell St) is also for sale. Both units are R3 zoning. We are looking to sell both properties together offering a rare chance to own side by side income-generating buildings.
Off market
$643,500
1151 Cornwell St, Los Angeles, CA 90033
--beds
--baths
1,730sqft
Triplex
Built in 1925
-- sqft lot
$643,500 Zestimate®
$372/sqft
$2,894 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: August 08, 2025 at 12:04pm
Source: CRMLS,MLS#: SR25158893
Originating MLS: California Regional MLS
Facts & features
Interior
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: None
Features
- Flooring: Carpet, Tile
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,730
- Total interior livable area: 1,730 sqft
Property
Parking
- Total spaces: 3
- Parking features: One Space, Shared Driveway
- Uncovered spaces: 3
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 5,184 sqft
- Features: Front Yard, Near Public Transit
Details
- Parcel number: 5201010024
- Zoning: LAR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex
Materials
- Stucco
- Roof: Composition
Condition
- Additions/Alterations,Repairs Cosmetic
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Community
- Community features: Curbs, Street Lights, Sidewalks
Location
- Region: Los Angeles
Other
Other facts
- Listing terms: Cash,Cash to New Loan
- Road surface type: Paved
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Estimated market value
$643,500