$1,399,000

357 Cornwell Street, Los Angeles, CA 90033

  • 6 beds
  • 3,600 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1908
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $389/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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

Listing Status:
Active
Date Added:
October 2, 2025 at 05:00AM
Listing Office:
Compass : 310-652-6285
Listing Agent:
Robert Fields : 310-905-2775
MLS ID:
CL25600925
  • Laundry: DryerWasher
  • A/C: Central Air
  • Heating: Central
  • Parking: Other
  • County: Los Angeles
  • Zoning: LARD5175012010

This listing courtesy of Robert Fields, Compass

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Sheridan Street Elementary School

416 Cornwell St, Los Angeles, CA, 90033

Grades PK-6

0.10 miles away

H

Hollenbeck Middle School

2510 E 6th St, Los Angeles, CA, 90023

Grades 6-8

0.89 miles away

F

Francisco Bravo Medical Magnet High School

1200 Cornwell St, Los Angeles, CA, 90033

Grades 9-12

0.70 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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