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1117 Cornwell St, Los Angeles, CA 90033
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1117 Cornwell St Los Angeles, CA 90033

$912,000 Sold Price as of 11/20/2020
  • 4 Beds
  • 4 Baths
  • 2,511 Sq.Ft.
Sold
$912,000 Sold Price as of 11/20/2020 Refinance Your Mortgage
Map preview of 1117 Cornwell St, Los Angeles, CA 90033

Property Overview: 1117 Cornwell St Los Angeles, CA has 4 bedrooms, 4 bathrooms, 2,511 living square feet and 5,759 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Turnkey 4 freestanding units 1 block from the LAC + USC Medical Center. This complex combines the best of 1930s vintage style with charming built-ins, plaster walls & curved doorways, updated with features like double-pane windows & newer exterior paint. 3 out of the 4 units have been remodeled with newer laminate flooring, granite countertops, kitchen cabinets, bathroom sink/vanity, water heaters & ceiling fans. Fenced front yard with a drip system & paved patio welcomes you onto the property. Decomposed granite installed in the front yard & in between each unit provides attractive, easy care landscaping. 4 one-car garages (+ 1 parking space in front of each garage). 3 front units (1117, 1117 ½, 1119) have identical floor plans with a cute entryway leading into the living room, dining area & storage room which opens out onto a patio area. The living room hallway leads into the bedroom & attached bathroom. The last unit (1119 ½) is located above the garage & boasts a large sunroom, expansive kitchen & living room with a bedroom & bathroom - enough space to reconfigure to a 2 bedroom unit. You can live in 1 unit & collect passive income, as 3 units have market rents. Potential for a laundry room under stairs with convenient gas & electric connections. Desirable, rapidly gentrifying location with convenient access to freeways, Boyle Heights's trendy retail & restaurants. Click on the Supplements for floor plans & lists of improvements per unit. Please do not disturb tenants.

Listed by AMY LAM | BRE #01495301 | RE/MAX MASTERS REALTY
Last checked: 1 minute ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 13

Home details

Lot Sq. Ft
5,759
HOA Dues
$0/mo
Year built
1938
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
CV20208544
City
Los Angeles
County
Los Angeles
Time on Site
1223 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 4
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,550
  • Total Rent: $1,550
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $1,450
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $960
  • Total Rent: $960
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,550
  • Total Rent: $1,550
  • Pro Forma/Market Rent: $1,650
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $66,100
  • Net Operating Income: $0
  • Gross Operating Income: --
  • # of Rented Garages: 3
  • Laundry Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $5,357
  • Licenses: $271
  • New Taxes: $1,867
  • Trash: $0
  • Gardener: $250
  • Insurance: $2,069
  • Maintenance: $500
  • Professional Management: $0
  • Water/Sewer: $2,776

Property Details for 1117 Cornwell St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Laminate, Tile, Vinyl, Wood
  • All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom
Kitchen Information
  • Has Appliances
  • Gas Range, Gas Water Heater, High Efficiency Water Heater, Refrigerator
Interior Features
  • Built-in Features, Ceiling Fan(s), Granite Counters, Laminate Counters, Tile Counters
  • Levels: Two
  • Window Features: Double Pane Windows, Screens
  • Security Features: Carbon Monoxide Detector(s), Security Lights, Security System, Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition, Flat
  • Awning(s), Lighting, Rain Gutters
  • Has Fence
  • Chain Link, Excellent Condition, Fair Condition, Security, Wrought Iron
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 8
  • Parking Features: Assigned, Driveway, Concrete, Garage, Off Street, On Site, Parking Space, Private, Street
Lot Information
  • Lot Features: Front Yard, Landscaped, Rectangular Lot, Near Public Transit, Paved, Sprinklers Drip System
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 5201010032
  • Year Built Source: Assessor
  • Architectural Style: Spanish
  • Entry Level: 1
  • Foundation Details: Concrete Perimeter, Pillar/Post/Pier
  • Property is not Attached
  • Accessibility Features: 32 Inch Or More Wide Doors, 36 Inch Or More Wide Halls, Doors - Swing In, Low Pile Carpeting, No Interior Steps, Parking
  • Property Condition: Turnkey, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: exit 10 fwy, exit Soto, take Charlotte to Cornwell
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
Neighborhood Information
  • Community Features: Sidewalks, Street Lights, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 1117 Cornwell St

Last sold for $912,000 on November 20th, 2020

  • November, 2020

  • Nov 21, 2020

    Date

    Sold

    CRMLS: CV20208544

    $912,000

    Price

  • Oct 22, 2020

    Date

    Active Under Contract

    CRMLS: CV20208544

    $886,000

    Price

  • Oct 9, 2020

    Date

    Active

    CRMLS: CV20208544

    $886,000

    Price

  • November, 2020

  • Nov 20, 2020

    Date

    Sold (Public Records)

    Public Records

    $912,000

    Price

Show More

Tax History for 1117 Cornwell St

Assessed Value (2020): $126,698
Year Land Value Improved Value Assessed Value
2020 $39,688 $87,010 $126,698

Home Value Compared to the Market

This property vs the competition

1117 Cornwell St sold on November 20, 2020 for 25.55% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $352.85 per/sqft which puts the price per square foot 53.27% lower than the current median sale per square foot for the city of Los Angeles.

About 1117 Cornwell St

Detailed summary of property

1117 Cornwell St is a fourplex that recently sold in Los Angeles, CA 90033. This fourplex offered 4 bedrooms, 4 bathrooms, roughly 2,511 living square feet, and sits on an approximately 5,759 square foot lot. 1117 Cornwell St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $912,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 25.55% lower than the current median priced home. Local homes that are currently for sale include 3035 Winter St, 2105 Keith St and 3149 Fairmount St. While the average home in Los Angeles, CA is selling in 92 days, 1117 Cornwell St has a days on market of 13 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1117 Cornwell St Los Angeles, CA 90033 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1117 Cornwell St

Public county record property details
Beds
4
Baths
4
Year built
1938
Sq. Ft.
2,511
Lot Size
5,759
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
145
APN
5201-010-032

The source for these homes facts are from public records.

90033 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$800,000
Median List Price/Sq.Ft.
$520
Median Sold Price
--
Median Sold Price/Sq.Ft.
--
Total Inventory
11
Median Sale to List Price %
--
Avg Days on Market
--
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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