Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

4

Building size

2,511 sqft

Lot size

5,761 sqft

Year built

1938

Stories

0

Status

Active

Days on market

8

MLS #

248307266

About this property

We are pleased to present a fourplex located at 1117 Cornwell St in Los Angeles, California. The subject property is located in a solid Boyle Heights location, just north of Marengo St and west of Soto St. Located in Boyle Heights, this classic Spanish-style fourplex offers four one-bedroom bungalow-style units with no shared walls, creating an attractive owner-user opportunity. Three units have been remodeled with laminate flooring, granite countertops, kitchen cabinets, bathroom vanities, water heaters, and ceiling fans. Additional improvements include updated water lines serving three units and replacement of one roof in 2024. A fenced front yard features a drip irrigation system and paved patio. Four garage parking spaces, plus additional parking in front, provide convenience and potential garage-to-ADU conversion opportunities, subject to feasibility and approvals. The property offers access to major freeways, nearby commercial corridors, Hazard Recreation Center, the Soto Metro E Line station, and surrounding medical and educational institutions. With three remodeled units, bungalow-style layouts without shared walls, and potential garage-to-ADU conversions, this Spanish-style fourplex offers owner-user flexibility and opportunities to add value in Boyle Heights.

Location

1117 Cornwell Street

Los Angeles, Los Angeles, CA, 90033