312 Cornwell St, Los Angeles, CA 90033
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312 Cornwell St Los Angeles, CA 90033

$975,000 Sold Price as of 08/12/2022
  • 9 Beds
  • 4 Baths
  • 5,568 Sq.Ft.
Sold
$975,000 Sold Price as of 08/12/2022 Refinance Your Mortgage

Map preview of 312 Cornwell St, Los Angeles, CA 90033

Property Overview: 312 Cornwell St Los Angeles, CA has 9 bedrooms, 4 bathrooms, 5,568 living square feet and 6,349 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Remarkable Value! Rare to find 4-unit apartment building with 5,568 sq. ft. living space on a 6,349 sq. ft. lot in prime Boyle Heights location. This quadruplex offers three units with 2 bedrooms and 1 bath and a one unit with 3 bedrooms and 1 bath. All tenants are now on month to month leases with upside potential. Owner pays for water and trash. Excellent curb appeal with architectural arch windows and balconies, and a large rear area for plenty of parking for the tenants. Please see revised Addendum #1 (revised 7/12/22) in Documents. Drive by only! Please do not disturb the tenants!

Listed by Pauline Ching | BRE #01503721 | COMPASS
Co-listed by Monica Hsu | BRE #01878067 | COMPASS
Last checked: 4 minutes ago | Last updated: April 17th, 2024 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
6,349
HOA Dues
$0/mo
Year built
1930
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
P1-10330
City
Los Angeles
County
Los Angeles
Time on Site
785 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $660
  • Total Rent: $660
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $738
  • Total Rent: $738
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 4
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $830
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $38,736
  • Net Operating Income: $31,437
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $7,299
  • Electric: $1,140
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $880
  • Water/Sewer: $3,360
  • Other Expenses: $1,919
  • Other Expense Description: property tax

Property Details for 312 Cornwell St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Has Fence
  • Block, Chain Link
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
Lot Information
  • Lot Features: Sprinklers None
  • Lot Size Source: Public Records
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 5175011023
  • Year Built Source: Public Records
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Sewer Connected, Natural Gas Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Not Applicable
  • Directions: 10 Freeway West, exit Soto St., turn Left.Right on Sheridan Ave.Right on Cornwell St.
Neighborhood Information
  • Community Features: Street Lights, Urban, Sidewalks
View more facts & features

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Sale History for 312 Cornwell St

Last sold for $975,000 on August 12th, 2022
  • August, 2022

  • Aug 12, 2022

    Date

    Sold

    CRMLS: P1-10330

    $975,000

    Price

  • Jul 7, 2022

    Date

    Active

    CRMLS: P1-10330

    $950,000

    Price

Tax History for 312 Cornwell St

Assessed Value (2020): $105,576
Year Land Value Improved Value Assessed Value
2020 $33,983 $71,593 $105,576

Home Value Compared to the Market

This property vs the competition

312 Cornwell St sold on August 12, 2022 for 15.18% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $170.62 per/sqft which puts the price per square foot 76.43% lower than the current median sale per square foot for the city of Los Angeles.

About 312 Cornwell St

Detailed summary of property

312 Cornwell St is a fourplex that recently sold in Los Angeles, CA 90033. This fourplex offered 9 bedrooms, 4 bathrooms, roughly 5,568 living square feet, and sits on an approximately 6,349 square foot lot. 312 Cornwell St was first listed on ArdentRealEstateGroup.com on July 26, 2022. The homeowner sold the property for $975,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 15.18% lower than the current median priced home. Local homes that are currently for sale include 2727 Eagle St, 2727 Eagle St and 127 S Evergreen Ave. While the average home in Los Angeles, CA is selling in 106 days, 312 Cornwell St has a days on market of 14 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 312 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 312 Cornwell St

Public county record property details
Beds
9
Baths
4
Year built
1930
Sq. Ft.
5,568
Lot Size
6,349
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
20
APN
5175-011-023

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
$749,000
Median List Price/Sq.Ft.
$444
Median Sold Price
$660,000
Median Sold Price/Sq.Ft.
$700
Total Inventory
8
Median Sale to List Price %
96.35%
Avg Days on Market
30
Loan Type
Conventional (40%), FHA (0%), VA (0%), Cash (20%), Other (40%)

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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.