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.
MLS #
CROC24062386
MLS Source
California Regional MLS
Bedrooms
Ground Floor Bedroom
Appliances
Dishwasher, Microwave, Oven Range - Gas
Fireplace
None
Cooling
None
Heating
Wall Furnace
Pool
None
Garage/Parking
Garage, Garage: 2 Car(s)
Elementary District
Los Angeles Unified
High School District
Los Angeles Unified
HOA Fee
$0
Zoning
LARD1.5
Listing Agent
Jessica Nieto
eXp Realty of California Inc
License #: 01923684
Phone: (562) 714-2176
Co-Listing Agent
Brian Brooke
eXp Realty of California Inc
License #: 01385336
Phone: (619) 507-3353
357 Cornwell St is a Single Family Residence in Los Angeles, CA 90033. This 2,312 square foot property sits on a 6,394 Sq Ft Lot and features 7 bedrooms & 3 full bathrooms. It is currently priced at $792,000 and was built in 1908.
This address can also be written as 357 Cornwell St, Los Angeles, CA 90033.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of May 21, 2024. For the most current information, please contact Jessica Nieto, (562) 714-2176