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.
Property Details
Price:
$650,000
MLS #:
SR25158893
Status:
Active
Baths:
0
Address:
1151 Cornwell Street
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
boyhboyleheights
City:
Los Angeles
Listed Date:
Jul 15, 2025
State:
CA
ZIP:
90033
Lot Size:
5,184 sqft / 0.12 acres (approx)
Year Built:
1925
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Schools
Interior
Cooling
Wall/ Window Unit(s)
Flooring
Carpet, Tile
Heating
Wall Furnace
Exterior
Community Features
Curbs, Sidewalks, Street Lights
Garage Spaces
0.00
Lot Features
Front Yard, Near Public Transit
Parking Features
Parking Space, Shared Driveway
Parking Spots
3.00
Pool Features
None
Roof
Composition
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer
Public Sewer
Spa Features
None
Stories Total
1
View
Neighborhood
Water Source
Public
Financial
Tenant Pays
Electricity, Gas
Map
Community
- Address1151 Cornwell Street Los Angeles CA
- AreaBOYH – Boyle Heights
- CityLos Angeles
- CountyLos Angeles
- Zip Code90033
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1151 Cornwell Street
Los Angeles, CA
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