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About This Home

This 8-bedroom, 4-bathroom multi-family at 318 Cornwell in Los Angeles, CA is listed for $1,599,900 ($334 per sqft). Built in 1924, the home offers 4,796 sqft of living space on a 0.15 acres lot.

Agent Description

Located in the vibrant and rapidly evolving Boyle Heights neighborhood of Los Angeles, this well-maintained four-unit property presents an exceptional investment opportunity. Each of the four spacious units features 2 bedrooms and 1 bathroom, offering an ideal layout for both tenants and owner-occupants alike.

The property boasts approximately 4,796 square feet of total building area and has been thoughtfully improved with upgraded windows and enhancements throughout most units, providing added comfort, efficiency, and modern appeal. Rear parking offers convenient off-street access for residents.

Perfectly positioned near a wide array of dining, shopping, and entertainment options, the location continues to attract strong rental demand as the area grows and develops. Whether you're an investor seeking solid income potential or an owner-occupant looking to live in one unit while generating rental income from the others, this property offers versatility and long-term upside.

A rare opportunity to acquire a four-unit asset in one of Los Angeles’ most dynamic and emerging communities.

Key Features

  • Built in 1924
  • 0.15 acre lot
  • 2 stories
  • 4 parking spaces

Property Details

2 stories
4 full
4 spaces
1924

Monthly Cost Estimate

$8,557/mo

20% down · 6.5% · 30 years

Principal$1,157
Interest$6,933
Insurance$467

Estimates only. Actual payments may vary.

Location

318 Cornwell

Los Angeles, CA 90033

Features & Amenities

Exterior Features

Community Features Included: Street LightsNear Public TransitFront YardBack Yard

Questions & Answers

This 8-bedroom, 4-bathroom multi-family at 318 Cornwell is listed at $1,599,900 ($334/sqft). The estimated monthly payment is $6,933 based on 20% down at 6.5% interest.

Key features include: Built in 1924, 0.15 acre lot, 2 stories, 4 parking spaces. Exterior Features: Community Features Included: Street Lights, Near Public Transit, Front Yard.

This property is listed by Mauricio Arevalo and can be reached at 8183123213 or info@moarealestate.com.

MA

Mauricio Arevalo

Agent at RE/MAX One

(818) 312-3213

Listed by RE/MAX One · View on Broker Site

MLS# SR26060822· Source: listhub· Updated 73 days ago

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

318 Cornwell, Los Angeles, CA 90033

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