#DW24254622, David Jennings, Listing office: Eagles Mortgage Company Inc
#SR25158893·
Listing office: Pinnacle Estate Properties, Inc.·
Listing agent: Raquel Magro·
Listing office phone: 818-968-4585
$650,000 List price
1151 Cornwell St Los Angeles, CA 90033
0.1 acres
Multi-Family
Property details
About 1151 Cornwell St
Incredible investment opportunity - Triplex in a prime Boyle Heights location. Welcome to 1151 Cornwell St a well-maintained Triplex located in the heart of Los Angeles. Built in 1925, this charming property has been cared for over the years and offers steady income in a highly sought-after rental market. Property to be sold with long-time tenants in place. The property features 3 individual units: UNIT #1: 1-bedroom, 1-bath. UNIT #2: 2-bedroom, 1-bath. UNIT #3: 2-bedroom, 1-bath. With a mix of 1 and 2 bedroom layouts, this versatile triplex appeals to a broad range of renters. Most of the current tenants are long-term and stable, providing consistent cash flow & minimal turnover. The property is subject to rent-control regulations. Just minutes from USC Health Sciences Campus, Keck Hospital of USC, and Los Angeles General Medical Center plus local stores, coffees shops & restaurants. The strong rental demand in this area makes this property a standout choice for investors looking to grow their portfolio. Don't miss out on this income generating opportunity in one of L.A.'s most reliable rental corridors. Whether you're a seasoned investor or looking for your first multi-unit property, this property offers solid upside potential and long-term value. Bonus investment opportunity: The sister building (1153 Cornwell St) is also for sale. Both units are R3 zoning. We are looking to sell both properties together offering a rare chance to own side by side income-generating buildings.
Highlights
Home typeTriplex
HeatingWall Furnace
StatusActive
CoolingWall/Window Unit(s)
Lot size0.119 Acres
Year built1925
ParkingOne Space, Shared Driveway
MLS #SR25158893
ViewNeighborhood
Virtual tour
Summary
- Flooring Type: Carpet, Tile
- Private Pool: No
- Parking: One Space, Shared Driveway
- View: Neighborhood
- Architectural Style: Traditional
- Heating: Wall Furnace
- Cooling: Wall/Window Unit(s)
- List Price: $650,000
- Annual Tax Amount: $3,636
- Tax Year: 2024
- Lot: Front Yard, Near Public Transit
- Directions: Marengo St & N Soto St
- Year Built: 1925
- Stories: 1
- Lot Size: 0.119 Acres
- MLS Number: SR25158893
- MLS Name: CRMLS
- Office Name: Pinnacle Estate Properties, Inc.
- Office Phone: (818) 968-4585
- Listing Agent: Raquel Magro
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 2:45:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $270,986 | $3,636 |
| 2023 | $265,674 | $3,571 |
| 2022 | $260,465 | $3,414 |
| 2021 | $255,358 | $3,367 |
| 2020 | $252,741 | $3,272 |
| 2019 | $247,786 | $3,168 |
| 2018 | $242,929 | $3,100 |
| 2017 | $238,167 | $3,100 |
History based on county public records data.
Nearby schools
4
Sheridan Street Elementary School
Public District PK-6
0.5 mi
•416 Cornwell St
5
Evergreen Elementary School
Public District KG-6
0.5 mi
•2730 Ganahl St
3
Murchison Street Elementary School
Public District PK-6
0.5 mi
•1501 Murchison St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $38,226. The majority of Los Angeles, CA residents have income between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
46%
<35k
48%
35k-100k
5%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
46%
Single, No Kids
22%
Single, with Kids
12%
Married, No Kids
20%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
23%
12-17 yrs old
23%
18-34 yrs old
34%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Ross Dress For Less
Foot Locker
Where do the neighbors go to eat?
Boston Market
Jack In The Box
Little Caesars
What do the neighbors drive?
Honda
Nissan
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1151 Cornwell St
The listing price of 1151 Cornwell St property is $650,000.
The property 1151 Cornwell St is a multi located in Los Angeles, California, 90033.
Active Listing: 1151 Cornwell St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1151 Cornwell St are: Sheridan Street Elementary School (GreatSchools Rating 4/10), Evergreen Elementary School (GreatSchools Rating 5/10), Murchison Street Elementary School (GreatSchools Rating 3/10), Puc Excel Charter Academy (GreatSchools Rating 4/10), Extera Public (GreatSchools Rating 3/10), Utah Street School (GreatSchools Rating 3/10), Francisco Bravo Medical Magnet High School (GreatSchools Rating 10/10), Ednovate - East College Preparatory (GreatSchools Rating 6/10), Lincoln High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $3,636 (source: MLS/based on county public records data).
The year of construction for 1151 Cornwell St is 1925.
This home is located at 1151 Cornwell St in Los Angeles, CA and zip code 90033 in the Boyle Heights neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 16, 2025 and is currently priced at $650,000.
Los Angeles, CA housing market in June 2025 saw over 282 listings sold above listed price, more than 108 sold at listed price and over 339 sold below. The number of listings in Los Angeles, CA increased by 9% between May and June 2025. In June 2025 median list price was $876,067 and the average listing age was 34 days.
From Rocket Homes Real Estate and based on county public records data.