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357 Cornwell StreetLos Angeles, CA 90033

For Sale

$1,449,000

Smart Buyer Rebate $14,490

Introducing this freshly renovated income property that perfectly blends modern updates with strong rents. With a high cap rate of 6.6%, each of the spacious units has been thoughtfully redesigned with one being new construction. Contemporary finishes, open floor plans, and abundant natural light, make it highly attractive to tenants seeking both style and functionality. The updated kitchens feature sleek cabinetry, premium countertops, and modern appliances, offering the kind of design that sets this property apart from standard rentals. Bedrooms are generously sized, complemented by remodeled bathrooms with chic, modern fixtures. Several units also enjoy private outdoor spaces, ideal for relaxing or entertaining. Beyond its aesthetic appeal, this building is a true investor's gem: with three high income-producing units and a high cap rate, it presents a rare chance to achieve both immediate cash flow and long-term appreciation. Located in one of Los Angeles' fastest-growing neighborhoods, the property offers tenants convenient access to dining, shopping, and entertainment, while owners benefit from a location poised for continued growth. Whether you are a seasoned investor or looking to expand your portfolio, this turn-key triplex combines strong financial performance with long-term upside.

Listed by Robert Fields

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License #02080346

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Compass

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310-905-2775

Listed by Lauren Biedenharn

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License #01955597

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Compass

Last updated October 20, 2025

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Source: CRMLS #25600925

Listing Facts

  • TypeMulti-family
  • NeighborhoodBoyle Heights
  • Bedrooms6
  • Days on Prevu20
  • Size3,600 sqft
  • Price per sqft$403

Amenities

  • Dishwasher
  • Washer/Dryer
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

10/10/2025
Price Decreased
$1,449,000
10/02/2025
Listed by Compass
$1,495,000

Property Details for 357 Cornwell Street

Exterior

Construction

  • Number Of Units Total: 3
  • Stories Total: 2
  • Year Built: 1908

Measurements

  • Building Area Total: 3,600
  • Lot Size Acres: 0.14
  • Lot Size Area: 6,394
  • Lot Size Dimensions: 50,128
  • Lot Size Square Feet: 6,394
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $117,480.00

Taxes

  • Parcel Number: 5175012010

Interior

Features

  • Appliances: Dishwasher, Microwave, Refrigerator, Dryer, Washer

Measurements

  • Living Area: 3,600

Rooms

  • Bathrooms Total Integer: 8
  • Bedrooms Total: 6

Parking

Parking

  • Garage: Yes
  • Parking Features: Garage
  • Parking Total: 2

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes

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.