2 months on rocket

322 Cornwell St, Los Angeles, CA, 90033

$945,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
5 Baths
2,728 SqFt
$346/SqFt
House

Location

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322 Cornwell St, Los Angeles$945,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingDriveway, Garage
Year Built1895
HeatingWall Furnace
CoolingNone
MLS #24406802
Lot Size0.15 Acres
StatusActive

About 322 Cornwell St

Located at 322 Cornwell St, this multi-unit income property offers an incredible opportunity for investors seeking solid rental income in a thriving neighborhood of Los Angeles. Situated in the rapidly growing and culturally rich area of Boyle Heights, this property is perfectly positioned for strong future appreciation and steady tenant demand. This property consists of 3 units with 2 driveways that can fit up to 10 cars and a garage that can be converted into an ADU. Each unit is well maintained with a beautiful kitchen and large primary suite. Don't miss this chance to own a well-maintained income property in one of LA's most vibrant neighborhoods. Whether you're a seasoned investor or looking to start your real estate portfolio, 322 Cornwell offers a great return on investment. Property includes Mango, Pomegranate, Meyer and regular lemon trees!

Property Details

Property Features

Property Information:

  • Year Built: 1895
  • Stories: 0
  • Living Area: 2,728 SqFt

Listing Office:

  • Office Name: KW Advisors
  • Office Phone: (310) 482-2200
  • Listing Agent: Richard Schulman

Interior Features

Interior Information:

  • Appliances: Microwave, Refrigerator

Bedroom and Bathroom Information:

  • Total Bedroom Count: 7

Exterior Features

Parking Information:

  • Parking: Driveway, Garage

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: East of Cesar E Chavez Ave, North of S Soto Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $945,000
  • Price Per SqFt: $346/SqFt

Tax Information:

  • Annual Amount: $1,386
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

322 Cornwell St vs Los Angeles

81 DAYS ON ROCKET

+43 Days

$945,000

-$76.5K Less

$346/SqFt

-$294 Less

KEY TAKEAWAY

This property is $76.5K less than the Median Sold Price and $294/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24406802

Listing Office:

  • Office Name: KW Advisors
  • Office Phone: (310) 482-2200
  • Listing Agent: Richard Schulman

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/3/2024, 1:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 04, 2021Home Sold
$650,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,386$85,332
2020$1,351$84,458
2019$1,242$82,802
2018$1,217$81,180
2017$1,217$79,590

History based on county public records data.

Payment Calculator

$4,784

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,900

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3507337
4
/10

  • Sheridan Street Elementary School

  • 416 Cornwell St

  • 0.16 miles

  • Public District Grades PK-6

school-card-donut-3507338
3
/10

  • Breed Street Elementary School

  • 2226 E 3rd St

  • 0.48 miles

  • Public District Grades KG-6

school-card-donut-3507339
6
/10

  • 2nd Street Elementary School

  • 1942 E 2nd St

  • 0.51 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,681. Most Los Angeles, CA residents have annual incomes less than $35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 322 Cornwell St

What is the listing price of this property?

The listing price of 322 Cornwell St property is $945,000.

What type of property is this?

The property 322 Cornwell St is a house located in Los Angeles, California, 90033.

Is this property for sale now?

Active Listing: 322 Cornwell St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,386 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 4, 2021 for $650,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 322 Cornwell St has 7 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 322 Cornwell St is 2,728 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 322 Cornwell St is 1895.

Rocket Homes›California›Los Angeles County›Los Angeles›90033›322 Cornwell St

This home is located at 322 Cornwell St in Los Angeles, CA and zip code 90033 in the Boyle Heights neighborhood. This 2,728 square foot home, which was built in 1895, sits on a 0.15 acre lot. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $945,000.

Over 512 listings were sold over their listed price in November 2024 in Los Angeles, CA. In the same period over 657 listings were sold below the listed price and 177 listings were sold for the listed price. In November 2024 in Los Angeles, CA there were 0.6% less homes for sale than in October 2024. In November 2024 median list price was $1,021,532 and the average listing age was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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