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425 Cornwell Street, Los Angeles, California 90033, Los Angeles, 90033 - 4 bed, 3 bath

425 Cornwell Street, Los Angeles, California 90033 home-pic-0
ACTIVE$845,000
425 Cornwell Street, Los Angeles, California 90033
4Beds
3Baths
1,400Sqft
4,638Lot
Year Built
1909
Close
-
List price
$845K
Original List price
$875K
Price/Sqft
$604
HOA
-
Days on market
-
Sold On
-
MLS number
25581183
Home ConditionGood
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $845.0K(73th), sqft - 1400(53th), beds - 4(67th), baths - 3(60th).

Welcome to 425 Cornwell St, a fully remodeled 4-bedroom, 3-bathroom home in the heart of Boyle Heights. This residence showcases hardwood flooring throughout, a spacious open floor plan, and a modern kitchen with stainless steel appliances. One of the bedrooms and bathrooms includes a private entrance, making it an excellent option for guests, extended family, or potential rental income. The property also includes a spacious detached garage that has been converted into a living space. Please note, this conversion was completed without permits. Title records reflect approximately 990 square feet; however, the property offers closer to 1,400 square feet in total, including the attic space that has been converted into additional living area. Recent upgrades include new fencing with a secure gated entry, copper plumbing, a 200-amp electrical panel, and a roof in excellent condition. The home is also equipped with heating and air conditioning for year-round comfort, along with two washer/dryer units for added convenience. Ideally located just five minutes from USC Medical Center, schools, and nearby hospitals, this property provides easy access to freeways, Downtown LA, and surrounding communities. Thoughtfully upgraded and move-in ready, this home is the perfect blend of comfort and versatility in a thriving neighborhood.

Price History

Date
Event
Price
10/02/25
Price Change
$845,000-3.4%
08/20/25
Listing
$875,000
01/11/22
Sold
$605,000
06/16/14
Sold
$150,000
Condition Rating
Good
The property has undergone an extensive and recent 'fully remodeled' renovation, as evidenced by the modern kitchen with stainless steel appliances, new hardwood flooring throughout, updated light fixtures, and new major systems (copper plumbing, 200-amp electrical, roof, HVAC). The visible areas present an excellent, move-in ready condition. However, the significant unpermitted conversions of the detached garage and attic space into living areas introduce a substantial legal and potential safety risk, preventing an 'Excellent' rating. While the renovated portions are top-tier, the unpermitted work detracts from the overall quality and compliance of the property.
Pros & Cons

Pros

Extensive Modern Renovation: The home is fully remodeled with hardwood flooring, an open floor plan, a modern kitchen with stainless steel appliances, and significant infrastructure upgrades including copper plumbing, a 200-amp electrical panel, a new roof, and HVAC for year-round comfort.
Income-Generating Potential: A dedicated bedroom and bathroom suite with a private entrance offers versatility for guests, extended family, or potential rental income.
Prime Urban Location: Strategically located just five minutes from USC Medical Center, schools, and hospitals, with excellent freeway access to Downtown LA and surrounding communities.
Enhanced Livability & Amenities: The spacious open floor plan, year-round heating and air conditioning, and two washer/dryer units contribute to a comfortable and convenient living experience.
Increased Functional Space: The property offers approximately 1,400 square feet of usable living area, including a converted attic, which is significantly more than the 990 square feet reflected in title records.

Cons

Significant Unpermitted Conversions: Both the detached garage and attic have been converted into living spaces without proper permits, posing potential legal, insurance, and appraisal challenges for buyers.
Square Footage Discrepancy: The substantial difference between the recorded 990 square feet and the actual 1,400 square feet (due to unpermitted work) can complicate financing, appraisal, and future resale value.
Above Market Estimation: The current list price of $845,000 is notably higher than the estimated market value of $805,192, which may impact buyer interest and negotiation leverage.

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