Property Detail

357 Cornwell

Los Angeles CA 90033

$1,349,000

Status: Active

Property Details

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.

Map Location

Listing provided courtesy of Stacey Havener of True North Realty. Last updated 2026-03-22 08:14:40.000000. Listing information © 2026 CRMLS.

john Doe

Jaime Sanford

DRE# 123456789
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Real estate https://static.royacdn.com/Site-48750597-fad4-4739-909d-ca390a15c8e5/theme1/realtor.jpg realtor # # # https://static.royacdn.com/Site-48750597-fad4-4739-909d-ca390a15c8e5/theme1/realtor.jpg 484 Lake Park Ave., Suite 280 Oakland, CA 94610 2603 Camino Ramon Suite 200 San Ramon, CA 94583 5102250470 9168229655 8183348266