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7-Unit Apartment Property
For Sale
$1,170,000

1151-1153 Cornwell Street, Los Angeles, CA 90033

Los Angeles, CA

Property SizeContact for details
Lot Size0.24 Acres
Days on Market168

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 Bathroom 5, Bedroom 8, Bathroom 6, Bathroom 2, Bathroom 4, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 5, Bedroom 6, Bathroom 3, Bedroom 2, Bedroom 9, Bedroom 7, Bedroom 4, Bathroom 7
Parking 7
Parking features Assigned, Driveway
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.
Listed By: Raquel Magro · License #00920540
Added: Mar 16 Changed: Aug 25 Last Checked: Aug 30 at 6:06AM
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.

This multifamily offering combines two side-by-side buildings on separate APN parcels with seven rental units. The first building is a triplex with one one-bedroom/one-bath unit and two two-bedroom/one-bath units. The second is a two-story fourplex containing four studio-style apartments. Tenants are in place, and the properties fall under the Los Angeles Rent Stabilization Ordinance (RSO).

The buildings sit at 1151-1153 Cornwell Street in Los Angeles, near USC Medical Center and Los Angeles General Medical Center. Neighborhood amenities include coffee shops and restaurants, with access to major freeway connections. The 0.238-acre property was built in 1925 and includes driveway and assigned parking, public water, and public sewer. Construction is stucco, with wall furnaces and wall or window cooling units.

Key Highlights

  • Seven rental units across two side‑by‑side buildings on separate APN parcels
  • Triplex includes 1 one‑bedroom/one‑bath unit and 2 two‑bedroom/one‑bath units
  • Two‑story fourplex contains 4 studio‑style apartments

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Kitchen & Bath Showroom Computer & Electronic Repair HVAC Service Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

4,339
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Two side-by-side multifamily buildings offer varied unit layouts, on-site parking, and existing tenancy.
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: Seven rental units across two side‑by‑side buildings on separate APN parcels; Triplex includes 1 one‑bedroom/one‑bath unit and 2 two‑bedroom/one‑bath units; Two‑story fourplex contains 4 studio‑style apartments
More about this property
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