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$765,000

1153 Cornwell St Los Angeles, CA 90033

0.1 acres
Multi-Family

Property details

About 1153 Cornwell St

Boyle Heights FOURPLEX Investment Opportunity. INVESTOR Alert! Located in the heart of Los Angeles, 1153 Cornwell St offers a fantastic opportunity to own a 4-unit income property in one of L.A.'s most historically high-demand rental markets. Built in 1936, this charming fourplex features studio style 1-bedroon units, ideal for steady rental income with minimal management complexity. There are 2 buildings, each offering two of the 1-bedroom studio style units. Most of the tenants are long-term and property will be sold with tenants-in-place. The property is subject to rent-control regulations. Situated just minutes from USC Medical Science Campus and Los Angeles General Medical Center, this property is perfectly positioned for tenants working or studying in the nearby medical & academic communities. Local amenities include a well-known coffee shop down the street and a variety of beloved mom-and-pop restaurants, adding to the strong neighborhood appeal. Oh, and it's freeway close too! Bonus investment opportunity - The sister building at 1151 Cornwell St, a well-maintained Triplex is also available for sale. Together, these side-by-side properties present a unique chance to acquire two income-producing buildings (R3 zoning). Don't miss this exceptional chance to expand your portfolio with a stable, centrally located investment property. This is the type of opportunity that rarely comes to market, own both! Maximize your rental income potential.

Highlights

Home typeQuadruplex
StatusActive
CoolingWall/Window Unit(s)
Lot size0.119 Acres
Year built1936
ParkingDriveway, One Space
MLS #SR25159033
ViewNeighborhood

Virtual tour

Summary

  • Flooring Type: Laminate, Tile
  • Interior: Laminate Counters
  • Fireplace: None
  • Private Pool: No
  • Parking: Driveway, One Space
  • View: Neighborhood
  • Architectural Style: Spanish, Traditional
  • Cooling: Wall/Window Unit(s)
  • List Price: $765,000
  • HOA Amount: $0
  • Annual Tax Amount: $4,053
  • Tax Year: 2024
  • Lot: Near Public Transit
  • Directions: Marengo St and N. Soto St
  • Year Built: 1936
  • Stories: 2
  • Lot Size: 0.119 Acres
  • MLS Number: SR25159033
  • MLS Name: CRMLS
  • Office Name: Pinnacle Estate Properties, Inc.
  • Office Phone: (818) 968-4585
  • Listing Agent: Raquel Magro

IDX 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, 3:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Oct 13, 1988
Home Sold
$150,000

Tax history

YearAssessmentProperty Tax
2024$304,086$4,053
2023$298,129$3,980
2022$292,288$3,805
2021$286,562$3,751
2020$283,427$3,645
2019$277,871$3,563
2018$272,423$3,488
2017$267,083$3,488

History based on county public records data.

Nearby schools

4

Sheridan Street Elementary School

Public District PK-6

0.5 mi

416 Cornwell St

3

Murchison Street Elementary School

Public District PK-6

0.5 mi

1501 Murchison St

5

Evergreen Elementary School

Public District KG-6

0.5 mi

2730 Ganahl St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $38,226. Typical income of Los Angeles, CA residents is between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

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 BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • H&MH&M
  • Ross Dress For LessRoss Dress For Less
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • Jack In The BoxJack In The Box
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • HondaHonda
  • NissanNissan
  • DodgeDodge

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1153 Cornwell St

The listing price of 1153 Cornwell St property is $765,000.

The property 1153 Cornwell St is a multi located in Los Angeles, California, 90033.

Active Listing: 1153 Cornwell St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1153 Cornwell St are: Sheridan Street Elementary School (GreatSchools Rating 4/10), Murchison Street Elementary School (GreatSchools Rating 3/10), Evergreen Elementary School (GreatSchools Rating 5/10), 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 $4,053 (source: MLS/based on county public records data).

The last sale was on October 13, 1988 for $150,000 (source: MLS/tax record).

The year of construction for 1153 Cornwell St is 1936.

This home is located at 1153 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 15, 2025 and is currently priced at $765,000.

Over 282 listings were sold over their listed price in June 2025 in Los Angeles, CA. In the same period over 339 listings were sold below the listed price and 108 listings were sold for the listed price. The inventory of homes for sale in Los Angeles, CA between May and June 2025 increased by 9%. While the average time on the market in June 2025 was 34 days, the median list price was $876,067.

From Rocket Homes Real Estate and based on county public records data.

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