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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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357 Cornwell Street, Los Angeles – $1,399,900

  • 6 Beds
  • 8 Baths
  • .15 Acres
  • 18 DOM
  • 6 Beds
  • 8 Baths
  • .15 Acres
  • 18 DOM

357 Cornwell Street

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.

Essential Information

  • MLS® #CV25275165
  • Price$1,399,900
  • Bedrooms6
  • Bathrooms8.00
  • Acres0.15
  • Year Built1908
  • TypeResidential Income
  • Sub-TypeTriplex
  • StatusActive

Community Information

  • Address357 Cornwell Street
  • AreaBOYH - Boyle Heights
  • CityLos Angeles
  • CountyLos Angeles
  • Zip Code90033

Amenities

  • Parking Spaces2
  • # of Garages2
  • ViewNone
  • PoolNone

Interior

  • CoolingCentral Air
  • FireplacesNone
  • # of Stories2
  • StoriesTwo

Exterior

  • Lot DescriptionYard

Additional Information

  • Date ListedDecember 12th, 2025
  • Days on Market18

Listing Details

  • AgentDaniel Boyer
  • OfficeSOUTHLAND PROPERTIES
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Daniel Boyer, SOUTHLAND PROPERTIES.

Based on information from California Regional Multiple Listing Service, Inc. as of December 30th, 2025 at 4:55am PST. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.