1151-1153 Cornwell St Los Angeles, CA 90033

Building Details

Year Built

1925

Listing office Pinnacle Estate Properties, Inc. r***@raquelmagro.com Show Phone

Listing date Jun 4, 2026

Source Elliman

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Investment Insights

Based on property information with market context.

This offering includes two side-by-side income properties in Los Angeles, sold together on two separate APN parcels. 1151 Cornwell St is a triplex with three units: one 1-bedroom/1-bath unit and two 2-bedroom/1-bath units. 1153 Cornwell St is a two-story fourplex comprising four studio-style apartments. Both buildings are being sold with tenants in place.

The properties are subject to the Los Angeles Rent Stabilization Ordinance (RSO) and are located under R3 zoning. The location is described as being just minutes from USC Medical Center and Los Angeles General Medical Center, with easy access to neighborhood dining options and major freeway connections. Bike, walk, and transit scores are reported as 68 (bikeable), 91 (walker’s paradise), and 73 (excellent transit).

For investors seeking an income-producing portfolio expansion, this package provides seven total units across two multifamily buildings, with existing residents already in place. With RSO applicability and R3 zoning, the properties also present a foundation for longer-term planning while continuing to generate rental income today.

Key Highlights

• Two side‑by‑side rental buildings on separate APN parcels totaling 7 units: 1151 Cornwell St (triplex) and 1153 Cornwell St (fourplex).
• 1151 Cornwell St (triplex, 1925): Unit 1 is 1 bed/1 bath; Units 2 and 3 are 2 bed/1 bath.
• 1153 Cornwell St (two‑story fourplex, 1925): four studio‑style apartments.

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FAQs

What type of property is this?

Triplex - Two adjacent rental buildings totaling seven units, with tenants in place and Los Angeles RSO coverage.

Where is this triplex located?

The property is located at 1151-1153 Cornwell St 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: Two side‑by‑side rental buildings on separate APN parcels totaling 7 units: 1151 Cornwell St (triplex) and 1153 Cornwell St (fourplex).; 1151 Cornwell St (triplex, 1925): Unit 1 is 1 bed/1 bath; Units 2 and 3 are 2 bed/1 bath.; 1153 Cornwell St (two‑story fourplex, 1925): four studio‑style apartments.