ATTENTION INVESTORS – 7 UNIT OPPORTUNITY!!! Rare chance to acquire two side-by-side income producing sister properties in the heart of Boyle Heights. 1151 & 1153 Cornwell Street are being sold together and offer a total of 7 rental units on two separate APN parcels, creating an ideal opportunity for investors looking to expand their portfolio with stable income and long-term upside. 1151 Cornwell St is a triplex consisting of: • Unit 1 – 1 Bedroom / 1 Bathroom • Unit 2 – 2 Bedrooms / 1 Bathroom • Unit 3 – 2 Bedrooms / 1 Bathroom. 1153 Cornwell St is a two-story fourplex featuring four studio-style apartments, offering efficient layouts that attract a broad tenant base and support consistent occupancy. Both buildings will be sold with tenants in place, with several long-term renters providing immediate income stability. The properties fall under Los Angeles Rent Stabilization Ordinance (RSO). Strategically located just minutes from USC Medical Center and Los Angeles General Medical Center, the area benefits from strong rental demand from the medical and academic workforce. Tenants also enjoy easy access to neighborhood coffee shops, local restaurants, and major freeway connections. Situated on R3 zoning, this investment offers potential long-term development or value-add opportun
MLS #
CRSR26057016
MLS Source
California Regional MLS
Days on Site
11
Laundry
None
Cooling
Window/Wall Unit
Heating
Wall Furnace
Roof
Composition, Flat, Shingle
Style
Traditional
Garage/Parking
Assigned Spaces, Parking Area, Garage: 0 Car(s)
HOA Fee
$0
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 7 | – |
1151 1153 Cornwell St is a Residential Income in Los Angeles, CA 90033. This – square foot property sits on a 10,367 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,275,000 and was built in 1925. This address can also be written as 1151 1153 Cornwell St, Los Angeles, CA 90033.
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This listing information is up-to-date as of March 19, 2026. For the most current information, please contact Raquel Magro