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318 Cornwell St 318 Cornwell St 4 Unit Apartment Building $1,599,900 ($399,975/Unit) 6.27% Cap Rate Los Angeles, CA 90033



Investment Highlights
- Close to DTLA
- Located in the heart of Boyle Heights
- Easy Access to Freeways and Transportation
Executive Summary
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.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | $1,087 | - |
| 2+1 | 1 | $2,500 | - |
| 2+1 | 1 | $2,392 | - |
| 2+1 | 1 | $2,379 | - |
Very walkable
80/100
Moderately drivable
70/100
Strong public transit
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5175-011-022 | Improvements Assessment | $451,013 |
| Land Assessment | $636,724 | Total Assessment | $1,087,737 |
Property Taxes
Parcel Number
5175-011-022
Land Assessment
$636,724
Improvements Assessment
$451,013
Total Assessment
$1,087,737
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318 Cornwell St | 318 Cornwell St
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