7-Unit Apartment Building
For Sale
$1,170,000
1151-1153 Cornwell Street, Los Angeles, CA 90033
COMMERCIAL - Other - Los Angeles, CA
Property SizeContact for details
Lot Size0.24 Acres
Days on Market147
Property Features for 1151-1153 Cornwell Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
LAR3
Bedrooms
9
Bathrooms
7
Full bathrooms
7
Rooms
Bedroom 2, Bedroom 6, Bedroom 8, Bathroom 3, Bedroom 3, Bathroom 1, Bathroom 4, Bathroom 5, Bathroom 6, Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 7, Bathroom 7, Bedroom 9, Bedroom 5
Parking
7
Parking features
Driveway, Assigned
Fencing
Chain Link
Lot features
Near Public Transit, Front Yard, Lot 10000-19999 Sqft
Directions
Marengo St and N. Soto St.
Subdivision
BOYH - Boyle Heights
Standard status
Active
APN
5201010024
Lot size
0.24 Acres
Utilities
Sewer type
Public Sewer
Heating system
Wall Furnace
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public
Building Details
Year built
1925
Floors in Building
2
Number of units
7
Building materials
Stucco
Roof type
Shingle, Flat, Composition
Architectural style
Other
Listing Agency:
Pinnacle Estate Properties, Inc.
(818) 365-0677
Listed By:
Raquel Magro · License #00920540
(818) 968-4585
Added: Mar 16
Changed: Aug 4
Last Checked: Aug 9 at 12:06PM
MLS# SR26057016
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Apartment buildings featuring two side-by-side income properties sold together on separate APN parcels. The total offering includes 7 rental units: 1151 Cornwell Street is a well-maintained triplex with one 1-bedroom/1-bath unit and two 2-bedroom/1-bath units, and 1153 Cornwell Street is a two-story fourplex with four studio-style apartments.
Both buildings are sold with tenants in place, and the properties fall under the Los Angeles Rent Stabilization Ordinance (RSO). The properties were built in 1925 and have stucco construction. Heating is provided via wall furnaces, and cooling is through window and/or wall/window unit(s). There is chain link fencing, and parking is available with assigned spaces and a driveway. The roof system includes flat, composition, and shingle components, and utilities include public water and public sewer.
The combined configuration offers a single investment profile built around two adjacent multifamily buildings within an LAR3 zoning designation.
Both buildings are sold with tenants in place, and the properties fall under the Los Angeles Rent Stabilization Ordinance (RSO). The properties were built in 1925 and have stucco construction. Heating is provided via wall furnaces, and cooling is through window and/or wall/window unit(s). There is chain link fencing, and parking is available with assigned spaces and a driveway. The roof system includes flat, composition, and shingle components, and utilities include public water and public sewer.
The combined configuration offers a single investment profile built around two adjacent multifamily buildings within an LAR3 zoning designation.
Key Highlights
- 7 total rental units across 1151 and 1153 Cornwell Street
- 1151 Cornwell St triplex: 1x 1BR/1BA and 2x 2BR/1BA units
- 1153 Cornwell St two‑story fourplex with four studio‑style apartments
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
4,339
Businesses Nearby
Explore this area
Business Placement
Demographics for 90033, CA
46,081
Population
13,874
Households
3.3
Avg Household Size
32
Median Age
14%
College-Educated
54%
High-School Grad
3.3 sq mi
ZIP Area
13,964
Density / Sq Mi
$56,001
Median Household Income
$29,600
Median Earnings
$1,391
Median Rent
$669,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two side-by-side multifamily properties totaling 7 units on an LAR3-zoned lot, with tenants in place and RSO coverage.
Where is this apartment building located?
The property is located at 1151-1153 Cornwell Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,170,000.
What are key features of this property?
This property features: 7 total rental units across 1151 and 1153 Cornwell Street; 1151 Cornwell St triplex: 1x 1BR/1BA and 2x 2BR/1BA units; 1153 Cornwell St two‑story fourplex with four studio‑style apartments
