Los Angeles, CA 90033,359 Cornwell
Los Angeles, CA 90033,359 Cornwell
Los Angeles, CA 90033,359 Cornwell
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,374,900
Est. payment /mo
6,394 Sqft Lot
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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV26016186

HOA Y/N No

Year Built 1908

Lot Size 6,394 Sqft

Property Sub-Type Triplex

Property Description

House Hack Opportunity! Live in one unit, rent out the other two. Introducing a freshly renovated income property that pairs modern upgrades with solid rental performance. Front 2 units are each 1,400 sqft, 2 Bed, 2.5 Bath. Downstairs unit is leased at $3,500/month and Upstairs is Vacant (ready for owner occupant or can easily be rented out). The detached ADU in the back of the property is 810 sqft, 2 Bed, 2 Bath with vaulted ceilings and is leased for $2,900/month. With a potential CAP rate of 7%, each spacious unit has been thoughtfully redesigned, including one ground-up, newly built unit. Contemporary finishes, open layouts, and great natural light make the spaces especially appealing to tenants who want both style and practicality. The updated kitchens offer sleek cabinetry, premium countertops, and modern appliances that elevate the look beyond standard rentals. Bedrooms are well-sized, and the remodeled bathrooms feature clean, modern fixtures. Several units even have private outdoor space for relaxing or entertaining. Along with strong design, this property stands out as a true investment opportunity. Three high income-producing units and a strong cap rate create a rare chance for immediate cash flow and long-term appreciation. Set in one of Los Angeles' fastest-growing neighborhoods, tenants enjoy quick access to dining, shopping, and entertainment, while owners benefit from a location positioned for continued growth. Whether you're a seasoned investor or expanding your portfolio, this turnkey triplex delivers both dependable performance and long-term upside.

Location

State CA

County Los Angeles

Area Boyh - Boyle Heights

Interior

Heating Ductless

Cooling Ductless

Fireplaces Type None

Fireplace No

Laundry Inside

Exterior

Parking Features Carport

Carport Spaces 2

Pool None

Community Features Street Lights, Sidewalks

View Y/N No

View None

Total Parking Spaces 2

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Yard

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5175012010

Acceptable Financing Cash, Cash to New Loan, FHA, Submit

Listing Terms Cash, Cash to New Loan, FHA, Submit

Special Listing Condition Standard

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CRMLS – RECore
Listed by Brandon Beckwith SOUTHLAND PROPERTIES 626-617-5443

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