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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.
Property Type(s):
Residential Income
| Last Updated | 7/15/2025 | Year Built | 1936 |
|---|---|---|---|
| Community | BOYH - Boyle Heights | County | Los Angeles |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | BOYH - Boyle Heights |
| CONSTRUCTION | Stucco |
| INTERIOR | Laminate Counters |
| LOT | 5184 sq ft |
| LOT DESCRIPTION | Near Public Transit |
| PARKING | Driveway |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Spanish, Traditional |
| UTILITIES | Sewer Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood |
| WATER | Public |
Location
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Listed with Pinnacle Estate Properties, Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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