359 Cornwell, Los Angeles, California 90033, Los Angeles, 90033 - bed, bath

359 Cornwell, Los Angeles, California 90033 home-pic-0

359 Cornwell

Los Angeles, California 90033

ACTIVE
CONDITION: EXCELLENT
0Beds
0Baths
3,600Sq Ft
6,394Lot Size

Property Price

LIST PRICE$1,374,000

SUMMARY

Analysis of 359 Cornwell, Los Angeles, California 90033 is currently available with a list price of $1,374,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

The property is a freshly renovated triplex featuring a ground-up newly built ADU. It boasts modern kitchens with sleek cabinetry and premium countertops, remodeled bathrooms with contemporary fixtures, and updated flooring and appliances throughout, meeting the highest standards for a turnkey investment.

PROSSTRENGTHS & OPPORTUNITIES

  • High Yield Investment Potential

    With a potential 7% CAP rate and strong existing rental income from two units, this triplex offers immediate cash flow and a rare 'house hack' opportunity for an owner-occupant to live in the vacant 1,400 sqft unit.

  • Turnkey Modern Renovations

    The property has been extensively updated with contemporary finishes, including sleek cabinetry, premium countertops, and modern appliances, featuring a ground-up newly built ADU with vaulted ceilings.

  • Spacious and Functional Layouts

    Unlike many older multi-family properties, the primary units offer generous 1,400 sqft floor plans with 2.5 bathrooms each, providing a high level of comfort and privacy that commands premium market rents.

CONSRISKS & DEFICIENCIES

  • Limited Outdoor Space

    Given the high density of three units totaling 3,600 sqft on a 6,394 sqft lot, the available private yard and outdoor entertaining space is relatively constrained.

  • Century-Old Foundation

    Despite the modern renovations, the original structure dates back to 1908, which may present long-term maintenance considerations typical of historic Los Angeles properties.

About 359 Cornwell

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.

Property Details

Public Facts

Property Type
Triplex
Year Built
1908
Lot Size
6,394 Sq. Ft.

Interior

Total Bedrooms
-
Total Bathrooms
-

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds--
50%
Baths--
50%
Square foot3,6002,286
79%
Lot Size6,3945,997.5
57%
Price$1.37M$847.5K
86%
Price per sq ft$382$379
57%
Built year19081925
14%
HOA$0$0
50%
Days on market43212
7%

Pricing History

Listed for Sale

Feb 21, 2026

$1,374,000

$1,374,900

+0% Price Increase

Initial Listing

Price Change

Jan 22, 2026

$1,374,900

Initial Listing

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