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359 Cornwell Los Angeles CA 90033
Price $ 1,374,900
Listing ID CV26016225
Status Active
Property Type Triplex
County Los Angeles
Beds 6
Baths 6 Full  2 Half
House Size 3600
Year Built 1908
Days on website 4
Description
House Hack Opportunity! Live in one unit, rent out the other two. Introducing a freshly renovated income property that pairs modern upgrades with solid rental performance. Front 2 units are each 1,400 sqft, 2 Bed, 2.5 Bath. Downstairs unit is leased at $3,500/month and Upstairs is Vacant (ready for owner occupant or can easily be rented out). The detached ADU in the back of the property is 810 sqft, 2 Bed, 2 Bath with vaulted ceilings and is leased for $2,900/month. With a potential CAP rate of 7%, each spacious unit has been thoughtfully redesigned, including one ground-up, newly built unit. Contemporary finishes, open layouts, and great natural light make the spaces especially appealing to tenants who want both style and practicality. The updated kitchens offer sleek cabinetry, premium countertops, and modern appliances that elevate the look beyond standard rentals. Bedrooms are well-sized, and the remodeled bathrooms feature clean, modern fixtures. Several units even have private outdoor space for relaxing or entertaining. Along with strong design, this property stands out as a true investment opportunity. Three high income-producing units and a strong cap rate create a rare chance for immediate cash flow and long-term appreciation. Set in one of Los Angeles’ fastest-growing neighborhoods, tenants enjoy quick access to dining, shopping, and entertainment, while owners benefit from a location positioned for continued growth. Whether you’re a seasoned investor or expanding your portfolio, this turnkey triplex delivers both dependable performance and long-term upside.
Location
Financial Information
List Price: $ 1374900
Property Features
Community Features: Sidewalks
Cooling: Ductless
Heating: Ductless
High School District: Los Angeles Unified
Laundry Features: Inside
Levels: Two
Lot Features: Yard
Parking Features: Carport
Senior Community YN: false
Structure Type: Triplex
Water Source: Public
High School District: Los Angeles Unified
Senior Community YN: false
MLS Area Major: BOYH - Boyle Heights
City: Los Angeles
Listed By:   Brandon Beckwith   SOUTHLAND PROPERTIES 
Co-listed by
Lucas Chavez  
CA Lic#
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