$1,599,900
318 Cornwell, Los Angeles CA 90033
Multi-Family (4 Units)
Property type
77 days
On market
$334
Price per sqft
0 cars
Garage
1924
Year built
6,574 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: Mauricio Arevalo DRE #01895221 818-678-0120, RE/MAX One
Listing updated: May 18, 2026 at 10:17pm.
Last checked: Jun 3, 2026 at 10:31pm
Source: CRMLS #SR26060822
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $1,087 | $1,087 | $2,975 | Unfurnished |
| 1 | 2 | 1 | — | $2,500 | $2,500 | $2,975 | Unfurnished |
| 1 | 2 | 1 | — | $2,392 | $2,392 | $2,975 | Unfurnished |
| 1 | 2 | 1 | — | $2,379 | $2,379 | $2,975 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 4
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
16.0x
List Price / Annual Gross Rent
Cap Rate
6.27%
NOI / List Price
Gross Scheduled Income: $100,299
Operating Expense: $0
Net Operating Income: $100,299
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $0
Trash: $0
Water / Sewer: $0
Interior
Laundry: Inside
Entry Location: Main
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: Two Common Walls Or More
Lot Features: Back Yard, Front Yard, Near Public Transit
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Carport Spaces: 4
Parking Total: 4
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5175011022
Additional Parcels: No
Tax Lot: 19
Tax Block: D
Community
Senior Community: No
Community Features: Street Lights
Nearby Schools
Nearby schools around the 318 Cornwell, Los Angeles, CA 90033. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,279,920
Total Interest
$1,632,467
Total Payment
$2,912,387
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$9,907
per month
Property History for 318 Cornwell
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90033.
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