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$1,349,000
357 Cornwell, Los Angeles, CA 90033
6Beds
8Baths
3,600Sq Ft
2Parking
1908Built
0Days Listed
Listed by Stacey Havener, True North Realty | 661-433-6630
About This Property
House Hack or Investment Opportunity! Live in one unit and rent out the other two. Freshly renovated income property offering modern upgrades and strong rental potential. The front building features two spacious units, each approximately 1,400 sq ft with 2 bedrooms and 2.5 bathrooms. The downstairs unit is currently leased at $3,500 per month, while the upstairs unit is vacant, making it ideal for an owner-occupant or ready for immediate rental. At the rear of the property is a detached ADU (approx. 810 sq ft) featuring 2 bedrooms, 2 bathrooms, and vaulted ceilings, currently leased for $2,900 per month. Each unit has been thoughtfully updated, including one newly built ground-up unit, with open layouts, contemporary finishes, and abundant natural light. Updated kitchens feature modern cabinetry, quality countertops, and newer appliances. Bedrooms are well-sized, and bathrooms have been remodeled with clean, modern fixtures. Several units also offer private outdoor space. With three income-producing units and a potential cap rate of approximately 7%, the property offers immediate rental income with long-term upside. Located in a rapidly evolving Los Angeles neighborhood, the property provides convenient access to dining, shopping, and entertainment, making it attractive to both tenants and investors. A strong opportunity for owner-occupants, investors, or those looking to expand their portfolio with a turnkey triplex.
Property Details
- Property Type
- Attached
- Bedrooms
- 6
- Bathrooms
- 8
- Building Area
- 3,600 Sqft
- Living Area
- 3,600 sqft
- Year Built
- 1908
- Stories
- 2.0
- Status
- Active
- Days on Market
- 0
- Cumulative Days on Market
- 1
- Original Price
- $1,349,000
Location & Neighborhood
What's nearby 357 Cornwell, Los Angeles, CA 90033
Nearby Schools
- Sheridan Street Elementary School0.1 mi
elementary
- East Los Angeles Occupational Center0.5 mi
elementary
Parks & Recreation
- 0.3 mi
- 0.4 mi
Transit Access
- Cesar E Chavez & Saint Louis0.1 mi
Bus Stop
- Cesar E Chavez & Soto0.2 mi
Bus Stop
- Soto & Cesar E Chavez0.2 mi
Bus Stop
- Soto & Sheridan0.2 mi
Bus Stop
- Soto & 1st0.4 mi
Bus Stop
Local Amenities
POI data updated 3/4/2026
Los Angeles Market Snapshot
2,644
Active Listings
$732K
Median Price
100
Avg Days on Market
Last updated: Mar 4, 2026
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$1,349,000