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Map
$765,000 - $935,000
●
House -
In Contract
357 Cornwell Street
Los Angeles, CA 90033
7 Beds
3 Baths
2312 Sqft
Sold Jun 20, 2013
Transfer
Buyer
Seller
Sold Jan 06, 1995
$160,000
Buyer
Seller
$155,113
by Performance Mtg
Mortgage Due Jan 01, 2025
About This Property
Contact Jessica Nieto Great equity opportunity for
an investor and/or owner occupant buyers looking to move closer to
Los Angeles in the Boyle Heights area of East Los Angeles. This
property, with LARD1.5 zoning, offers a 7 bedroom + office and 3
full baths. 2 bedroom-1 full bath on the first level, while
the second level features 5 bedrooms/office, highlighting the
opportunity for multiple dwelling utilization. The home includes
two detached 1-car garages and a backyard with plenty of space to
relax, entertain, build, or enjoy green garden space. Although it
requires some fixer-upper attention, this property holds great
potential.
Notably, the basement, framed for rooms by a prior tenant (with the seller having no knowledge of the intended use), invites buyers to explore development possibilities. Interested parties are encouraged to contact the City of Los Angeles Building & Safety and Planning Departments for feasibility assessment.
The property is advantageously located just blocks from USC University & Hospital, adding to its desirability with close proximity to Keck Medicine of USC, CSULA, DTLA, Alhambra, and the 10-Freeway. The area is experiencing an explosion of new developments, making it a high-density, centrally located market with no historic review and designated as TOC Tier 3.
On Zimas.LaCity.org, the property is listed with two addresses, 357 and 359 Cornwell, and has records of permits for the second story expansion and bedroom enlargement. Tax records show a 4/2 layout, but the property actually comprises 7 bedrooms and 3 baths. Potential buyers should conduct their due diligence and inspection.
The property may be located within the USC employee assistance program area, offering additional benefits. This Boyle Heights investment is offered solely for cash, conventional, and hard-money loan purchases. Drive by and check out this desirable, central location.
The manager has listed the unit size as 2312 square feet.
Notably, the basement, framed for rooms by a prior tenant (with the seller having no knowledge of the intended use), invites buyers to explore development possibilities. Interested parties are encouraged to contact the City of Los Angeles Building & Safety and Planning Departments for feasibility assessment.
The property is advantageously located just blocks from USC University & Hospital, adding to its desirability with close proximity to Keck Medicine of USC, CSULA, DTLA, Alhambra, and the 10-Freeway. The area is experiencing an explosion of new developments, making it a high-density, centrally located market with no historic review and designated as TOC Tier 3.
On Zimas.LaCity.org, the property is listed with two addresses, 357 and 359 Cornwell, and has records of permits for the second story expansion and bedroom enlargement. Tax records show a 4/2 layout, but the property actually comprises 7 bedrooms and 3 baths. Potential buyers should conduct their due diligence and inspection.
The property may be located within the USC employee assistance program area, offering additional benefits. This Boyle Heights investment is offered solely for cash, conventional, and hard-money loan purchases. Drive by and check out this desirable, central location.
The manager has listed the unit size as 2312 square feet.
Unit Size
2,312Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$368
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1908
Listed By
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 11, 2024 | In contract | - | |
In contract | |||
Mar 31, 2024 | Listed | $850,000 | |
Listed |
Property Highlights
With View
Building Details
New Construction
Building Info
Overview
Building
Neighborhood
Zoning
Geography
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
Multifamily
8
Beds
4
Baths
5,184 ft²
$189/ft²
$980,000
Aug 14, 2023
-
-
Active
Multifamily
11
Beds
5.5
Baths
5,216 ft²
$196/ft²
$1,019,999
Apr 10, 2024
-
-
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