$1,399,900

357 Cornwell Street, Los Angeles, CA 90033

  • 6 beds |
  • 8 baths |
  • 3,600 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1908
  • Property Lot Size Icon6,395sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $389/sqft
  • Property List Date Icon Listed 14 days ago

Property 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 n

Listing Status:
Active
Date Added:
December 12, 2025 at 06:00AM
Listing Office:
SOUTHLAND PROPERTIES : 626-914-6999
Listing Agent:
Daniel Boyer : 626-484-0688
MLS ID:
CRCV25264893
  • Laundry: Inside
  • A/C: Central Air
  • Fireplace: None
  • Pool: None
  • Parking: Detached
  • General: 2
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS
  • School District: Los Angeles Unified
  • County: Los Angeles
  • Zoning: 5175012010
  • View: None
  • Source: CRMLS

This listing courtesy of Daniel Boyer, SOUTHLAND PROPERTIES

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

S

Sheridan Street Elementary School

416 Cornwell St, Los Angeles, CA, 90033

Grades PK-6

0.10 miles away

H

Hollenbeck Middle School

2510 E 6th St, Los Angeles, CA, 90023

Grades 6-8

0.89 miles away

F

Francisco Bravo Medical Magnet High School

1200 Cornwell St, Los Angeles, CA, 90033

Grades 9-12

0.70 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.