318 Cornwell St - Multi-Family FOR SALE


Los Angeles, CA 90033- Boyle Heights
$1,599,900 USD
818-312-3213
318 Cornwell St, Los Angeles, CA for Sale
$1,599,900 USD
Multi-Family - FOR SALE
1/5
null | 6.27% Cap Rate

318 Cornwell St
Los Angeles, CA 90033
Boyle Heights


HIGHLIGHTS

  • Close to DTLA
  • Easy Access to Freeways and Transportation
  • Located in the heart of Boyle Heights

OVERVIEW

Located in the vibrant and rapidly evolving Boyle Heights neighborhood of Los Angeles, this well-maintained four-unit property presents an exceptional investment opportunity. Each of the four spacious units features 2 bedrooms and 1 bathroom, offering an ideal layout for both tenants and owner-occupants alike. The property boasts approximately 4,796 square feet of total building area and has been thoughtfully improved with upgraded windows and enhancements throughout most units, providing added comfort, efficiency, and modern appeal. Rear parking offers convenient off-street access for residents. Perfectly positioned near a wide array of dining, shopping, and entertainment options, the location continues to attract strong rental demand as the area grows and develops. Whether you're an investor seeking solid income potential or an owner-occupant looking to live in one unit while generating rental income from the others, this property offers versatility and long-term upside. A rare opportunity to acquire a four-unit asset in one of Los Angeles’ most dynamic and emerging communities.

FOR SALE DETAILS

PRICE

$1,599,900 USD

PRICE/SF

$334 USD /SF

# OF UNITS

4

PRICE/UNIT

$399,975

CAP RATE

6.27%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

318 Cornwell St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1924

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,574 SF

ZONING

LAD3

APN/PARCEL ID

5175-011-022

ASK ABOUT THIS PROPERTY

Mauricio ArevaloRE/MAX OneMore Info
818-312-3213

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Mauricio ArevaloRE/MAX OneMore Info
818-312-3213

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.