Side-by-Side Multifamily Income
For Sale
$1,170,000
1151 1153 Cornwell St, Los Angeles, CA 90033
Two adjacent buildings offer 7 total rental units: a triplex and a fourplex, both sold with tenants in place.
Property Size3,682 SF
Days on Market92
Property Features for 1151 1153 Cornwell St
General Information
Standard status
Active
Size
3,682 SF
Property subtype
Investment
Zoning
R3
Additional Details
Highway Access
Yes
Multifamily Units
7
Building Details
Building Size
3,682 SF
Year Built
1925
Stories
1
Units
7
Tenancy
Multi
Listing Agency:
Pinnacle Estate Prop. Inc.
(818) 361-7027
Listed By:
Raquel Magro · License #00920540
Source:
Elliman
Added: May 10
Changed: Aug 8
Last Checked: Aug 8 at 1:01PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pinnacle Estate Prop. Inc.
Investment Insights
Based on property information with market context.
This offering includes two side-by-side income properties at 1151 and 1153 Cornwell Street, sold together on separate APN parcels for a total of 7 rental units. 1151 Cornwell is a triplex with one 1-bedroom/1-bath unit and two 2-bedroom/1-bath units. 1153 Cornwell is a two-story fourplex featuring four studio-style apartments.
Both buildings are being sold with tenants in place, with several long-term renters providing immediate income stability. The properties are subject to the Los Angeles Rent Stabilization Ordinance (RSO) and are located within R3 zoning.
Strategically located minutes from USC Medical Center and Los Angeles General Medical Center, the area is supported by rental demand from the medical and academic workforce, along with easy access to neighborhood coffee shops, local restaurants, and major freeway connections.
Both buildings are being sold with tenants in place, with several long-term renters providing immediate income stability. The properties are subject to the Los Angeles Rent Stabilization Ordinance (RSO) and are located within R3 zoning.
Strategically located minutes from USC Medical Center and Los Angeles General Medical Center, the area is supported by rental demand from the medical and academic workforce, along with easy access to neighborhood coffee shops, local restaurants, and major freeway connections.
Key Highlights
- Two adjacent multifamily buildings sold together: 1151 Cornwell St triplex and 1153 Cornwell St fourplex, totaling 7 rental units
- 1151 Cornwell St (triplex) includes 1x 1BD/1BA and 2x 2BD/1BA units
- 1153 Cornwell St (fourplex) features 4 studio‑style apartments
Property Analytics
Current Use
Lease Details
7
Residential units
Multi-tenant
Tenancy
Yes
Highway access
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?
Triplex - Two adjacent buildings offer 7 total rental units: a triplex and a fourplex, both sold with tenants in place.
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 adjacent multifamily buildings sold together: 1151 Cornwell St triplex and 1153 Cornwell St fourplex, totaling 7 rental units; 1151 Cornwell St (triplex) includes 1x 1BD/1BA and 2x 2BD/1BA units; 1153 Cornwell St (fourplex) features 4 studio‑style apartments
