$1.35M
357 Cornwell, LOS ANGELES, CA 90033
Triplex
Description
House Hack or Investment Opportunity! Live in one unit and rent out the other two. Freshly renovated income property offering modern upgrades and strong rental potential. The front building features two spacious units, each approximately 1,400 sq ft with 2 bedrooms and 2.5 bathrooms. The downstairs unit is currently leased at $3,500 per month, while the upstairs unit is vacant, making it ideal for an owner-occupant or ready for immediate rental. At the rear of the property is a detached ADU (approx. 810 sq ft) featuring 2 bedrooms, 2 bathrooms, and vaulted ceilings, currently leased for $2,900 per month. Each unit has been thoughtfully updated, including one newly built ground-up unit, with open layouts, contemporary finishes, and abundant natural light. Updated kitchens feature modern cabinetry, quality countertops, and newer appliances. Bedrooms are well-sized, and bathrooms have been remodeled with clean, modern fixtures. Several units also offer private outdoor space. With three income-producing units and a potential cap rate of approximately 7%, the property offers immediate rental income with long-term upside. Located in a rapidly evolving Los Angeles neighborhood, the property provides convenient access to dining, shopping, and entertainment, making it attractive to both tenants and investors. A strong opportunity for owner-occupants, investors, or those looking to expand their portfolio with a turnkey triplex.
Property Details
Bedrooms
6
Bathrooms
8
Living Area
3,600 sqft
Lot Size
6,394 sqft
Year Built
1908
Stories
2
Price History
Listed
Mar 4, 2026
$1.35M
Location
Location Scores
What's Nearby
Restaurants, parks, schools, and more within 3 km. Powered by Google Places.
San Antonio Winery
737 Lamar Street, Los Angeles
Wurstküche
800 East 3rd Street, Los Angeles
Bestia
2121 East 7th Place, Los Angeles
Urth Caffe
459 South Hewitt Street, Los Angeles
Sushi Gen
422 East 2nd Street, Los Angeles
Panda Express
1969 Zonal Avenue, Los Angeles
Philippe The Original
1001 North Alameda Street, Los Angeles
KB 333 Korean BBQ
333 Alameda Street #305, Los Angeles
8 places within 3 km · Google Places
Listed by Stacey Havener — True North Realty (MLS# SR152508712)
MLS# SR26046908
Listing data provided by CRMLS (California Regional Multiple Listing Service). Based on information from CRMLS as of 4/10/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Rose District — DRE# 02356332
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Estimated Monthly Payment
$8,336.25
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Loan Amount
$1,079,200
Down Payment
$269,800
Total Interest
$1,440,681
Total Cost
$3,001,051
Rose District
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$1.35M
357 Cornwell, LOS ANGELES, CA 90033