This property must be sold with sister building 1151 Cornwell St. There would be a total of 7 units. 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.
Off market
$749,700
1153 Cornwell St, Los Angeles, CA 90033
--beds
--baths
1,952sqft
Quadruplex
Built in 1936
-- sqft lot
$749,700 Zestimate®
$384/sqft
$2,644 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: August 08, 2025 at 05:07pm
Source: CRMLS,MLS#: SR25159033
Originating MLS: California Regional MLS
Facts & features
Interior
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: None
Features
- Laminate Counters
- Flooring: Laminate, Tile
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 1,952
- Total interior livable area: 1,952 sqft
Property
Parking
- Total spaces: 4
- Parking features: Driveway, One Space
- Uncovered spaces: 4
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 5,183 sqft
- Features: Near Public Transit
Details
- Parcel number: 5201010023
- Zoning: LAR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Spanish,Traditional
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Stucco
- Roof: Flat
Condition
- Additions/Alterations,Repairs Cosmetic
- New construction: No
- Year built: 1936
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Connected
Community & neighborhood
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
$749,700