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$1,599,900
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Property 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.
Full Property Details
Full Property Details for 318 Cornwell
General
- Price: $1,599,900
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SR26060822
- Updated: 3/23/2026
- Days on Market: 47 days
- Added to Site: 48 day(s) ago
Rooms
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
Location
- Area: BOYH - Boyle Heights
- County: Los Angeles
- Development Name: BOYH - Boyle Heights
- Driving Directions: E Ceaser Chavez & Cornwell St
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 4
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Entry Location: Main
- Square Feet: 4,796
- Year Built: 1924
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.1509
- Lot Size (Sq. Ft.): 6,574
- Lot Size Source: Assessor
- Lot Description: Near Public Transit, Front Yard, Back Yard
Financial Considerations
- Price Per Sq. Ft.: $333.59
- Price Per Unit: 399975
Listed by RE/MAX One, Mauricio Arevalo
Get Pre-Approved Today
Schools
Schools serving 318 Cornwell
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Sheridan Street Elementary School 416 Cornwell Street, Los Angeles, CA 90033 | PK-6 | 0.2 mi |
Hollenbeck Middle School 2510 East 6th Street, Los Angeles, CA 90023 | 6-8 | 0.8 mi |
Theodore Roosevelt Senior High 456 South Mathews Street, Los Angeles, CA 90033 | 9-12 | 0.6 mi |
Boyle Heights Science, Technology, Engineering and Math Magnet 2550 East 6th Street, Los Angeles, CA 90033 | 9-12 | 0.8 mi |
Felicitas And Gonzalo Mendez High 1200 Plaza Del Sol East, Los Angeles, CA 90033 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 318 Cornwell
Date
Details
Price
Change
Source
3/20/2026
Listed
$1,599,900
56.09%
MLS
2/28/2022
Sold
$1,025,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 318 Cornwell
Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,469
2%
$1,087,737
4%
2023
$13,215
153%
$1,045,500
163%
2022
$5,218
28%
$397,528
33%
2021
$4,071
-1%
$299,797
1%
2020
$4,101
4%
$296,724
2%
2019
$3,958
3%
$290,907
2%
2018
$3,832
2%
$285,204
2%
2017
$3,753
4%
$279,613
2%
2016
$3,613
1%
$274,131
2%
2015
$3,564
-1%
$270,015
2%
2014
$3,600
—
$264,727
—
2013
$3,600
—
$263,532
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 318 Cornwell
318 Cornwell, Los Angeles, CA 90033 (MLS# SR26060822) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 318 Cornwell is currently listed for $1,599,900 and was received on March 20, 2026. Want to learn more about 318 Cornwell? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

