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357 Cornwell St, Los Angeles, CA 90033

For Sale

$1,399,000

6 beds • 8 baths • 3,600 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • $388.61
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Introducing this freshly renovated income property that perfectly blends modern updates with strong rents. With a high cap rate of 6.6%, each of the spacious units has been thoughtfully redesigned with one being new construction. Contemporary finishes, open floor plans, and abundant natural light, make it highly attractive to tenants seeking both style and functionality. The updated kitchens feature sleek cabinetry, premium countertops, and modern appliances, offering the kind of design that sets this property apart from standard rentals. Bedrooms are generously sized, complemented by remodeled bathrooms with chic, modern fixtures. Several units also enjoy private outdoor spaces, ideal for relaxing or entertaining. Beyond its aesthetic appeal, this building is a true investor's gem: with three high income-producing units and a high cap rate, it presents a rare chance to achieve both immediate cash flow and long-term appreciation. Located in one of Los Angeles' fastest-growing neighborhoods, the property offers tenants convenient access to dining, shopping, and entertainment, while owners benefit from a location poised for continued growth. Whether you are a seasoned investor or looking to expand your portfolio, this turn-key triplex combines strong financial performance with long-term upside.
MLS# 25600925

Courtesy Of Compass

(310) 652-6285

Property Features

  • Age
    Over 50 Years Old
  • Lot Size
    0.15 Acres

Map and Directions

Directions to 357 Cornwell St, Los Angeles, CA 90033

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.