712 Cornwell, Los Angeles, California 90033, Los Angeles, 90033 - 3 bed, 1 bath
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Los Angeles, California 90033
This property presents a High-Potential Investment Opportunity with a List Price of $580,000—positioned well below the $594,682 Fair Market Value by 2%. This valuation gap offers $14,682 in Instant Equity. Featuring a Condition Rating of 5, the home requires a full rehab to address outdated systems and aesthetics. The elevated lot, City Light Views, and versatile outdoor space provide a strong foundation for value-add projects. This is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a project with significant upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 712 Cornwell Subject | $580,000* List Price | 3 | 1 | 932 | $613 | - |
A 2600 E 2nd Sold | $585,000 | 3 | 1 | 1,234 | $474 | 0.8 mi |
B 2618 Gleason Sold | $640,000 | 3 | 1 | 1,033 | $620 | 0.8 mi |
C 1237 N Evergreen Active Under Contract | $515,000 List Price | 2 | 1 | 1,008 | $511 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1909, the property features a highly dated kitchen with cabinetry and tile work likely exceeding 40 years in age. The interior shows significant wear with aged carpeting and finishes, while the exterior utility structures and concrete surfaces show signs of neglect, indicating the home requires a full rehab to address outdated systems and aesthetics.
The property sits on an elevated lot with a gated front yard and a rolling gate driveway, offering enhanced privacy and a strong street presence in the Boyle Heights area.
The home features city light and peek-a-boo views, providing a desirable aesthetic backdrop that increases the property's overall appeal and value.
A generous lot includes a raised patio, utility workroom, and storage shed, offering significant potential for landscaping, hobbies, or future expansion.
At only 932 square feet for a three-bedroom configuration, the individual rooms and living areas may feel small and restrictive for modern family needs.
Built in 1909, the home's age suggests a likely need for updates to major systems such as plumbing, electrical, and foundation to meet current building standards.
Charming Single-Story Home with City Light Views Perched on an elevated lot with excellent street presence, this charming 3-bedroom, 1-bathroom home offers comfort, privacy, and incredible potential. A gated front yard, long driveway with rolling gate access, and an inviting raised patio create welcoming outdoor living spaces perfect for relaxing or entertaining. Inside, the home's functional layout provides a comfortable living environment, while the generous lot offers opportunities to enhance and personalize the landscaping. The spacious backyard features covered laundry hookups, a utility workroom, a storage shed, and a side garden area. A mature bitter orange tree (naranjo agrio) adds character and charm to the outdoor space. Conveniently located near schools, shopping, dining, and major transportation routes, this property is an excellent opportunity for both homeowners and investors seeking a home with character, versatility, and room to grow.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 932 | 1,672 |
| Lot Size | 4,348 | 6,067 |
| Price | $580.0K | $1.37M |
| Price per sq ft | $622 | $801 |
| Built year | 1909 | 1939 |
| HOA | $0 | $348 |
| Days on market | 36 | 56 |
Jun 16, 2026
$580,000
Initial Listing