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318 CornwellLos Angeles, CA 90033

For Sale

$1,599,900

Smart Buyer Rebate $15,999

Located in the vibrant and rapidly evolving Boyle Heights neighborhood of Los Angeles, this well-maintained four-unit property presents an exceptional investment opportunity. Each of the four spacious units features 2 bedrooms and 1 bathroom, offering an ideal layout for both tenants and owner-occupants alike.

The property boasts approximately 4,796 square feet of total building area and has been thoughtfully improved with upgraded windows and enhancements throughout most units, providing added comfort, efficiency, and modern appeal. Rear parking offers convenient off-street access for residents.

Perfectly positioned near a wide array of dining, shopping, and entertainment options, the location continues to attract strong rental demand as the area grows and develops. Whether you're an investor seeking solid income potential or an owner-occupant looking to live in one unit while generating rental income from the others, this property offers versatility and long-term upside.

A rare opportunity to acquire a four-unit asset in one of Los Angeles’ most dynamic and emerging communities.

Listed by Mauricio Arevalo

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License #01895221

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RE/MAX One

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818-312-3213

Last updated March 23, 2026

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Source: CRMLS #SR26060822

Listing Facts

  • TypeMulti-family
  • NeighborhoodBoyle Heights
  • Days on Prevu42

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

03/20/2026
Listed by RE/MAX One
$1,599,900

Property Details for 318 Cornwell

Association

Amenities

  • Community Features: Street Lights

Exterior

Construction

  • Number Of Units Total: 4
  • Property Attached: Yes
  • Stories Total: 2
  • Year Built: 1924
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: Main

Measurements

  • Building Area Total: 4,796
  • Building Area Units: Square Feet
  • Lot Features: Back Yard, Front Yard, Near Public Transit
  • Lot Size Acres: 0.15
  • Lot Size Area: 6,574
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6,574
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $100,299.00

Taxes

  • Parcel Number: 5175011022

Other

Location

  • Tax Block: D
  • Tax Lot: 19

Parking

Parking

  • Carport Spaces: 4
  • Carport: Yes
  • Parking Total: 4

Utilities

Equipment

  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 318 Cornwell.

Does this multi-family home have parking?

Yes, there are 4 parking spaces available for 318 Cornwell.

How does 318 Cornwell compare to other multi-family homes in Boyle Heights?

This multi-family home is listed 31% above the average price for multi-family homes in Boyle Heights and has been on the market for 53 less days than the typical home in this area.

318 Cornwell is a -bedroom multi-family home for sale in Los Angeles CA 90033. On Prevu for 42 days at $1,599,900. This residence is located in Boyle Heights. The median listing price for multi-family homes in this area is $950,000. The home offers parking. Browse more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.