Seller's Agent in 2025
Richard Schulman
Keller Williams Los Angeles
(310) 482-0173
3 in this area
533 Total Sales
322 Cornwell St Los Angeles, CA 90033
7
Beds
5
Baths
2,728
Sq Ft
6,574
Sq Ft Lot
About This Home
As of September 20252 UNITS VACANT! 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!
Last Agent to Sell the Property
Keller Williams Los Angeles License #01427211 Listed on: 02/25/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,705
Year Built
- Built in 1895
Home Design
- 2,728 Sq Ft Home
- Split Level Home
Kitchen
- Oven or Range
- Microwave
- Freezer
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Bathrooms
Parking
- 10 Car Garage
- 8 Open Parking Spaces
- Driveway
Additional Features
- 6,574 Sq Ft Lot
- Heating System Mounted To A Wall or Window
Community Details
- 2 Buildings
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 5175-011-021
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 25, 2025
Closed on
Aug 12, 2025
Sold by
Ellerby Brandon and Piccera Tiffany
Bought by
Deleon Louie and Peralta Carol
Seller's Agent
Richard Schulman
Keller Williams Los Angeles
Buyer's Agent
Daniel Lipshutz
Keller Williams Los Angeles
List Price
$945,000
Sold Price
$940,000
Premium/Discount to List
-$5,000
-0.53%
Views
206
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%
Original Mortgage
$937,000
Outstanding Balance
$936,192
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$6,713
Purchase Details
Listed on
Jun 10, 2021
Closed on
Dec 13, 2021
Sold by
Jimenez Investments Inc
Bought by
Ellerby Brandon and Ellerby Piccera Tiffany
Seller's Agent
Steven Padilla
Century 21 A Better Service
Buyer's Agent
Vania Rincon
Keller Williams Larchmont
List Price
$949,000
Sold Price
$905,000
Premium/Discount to List
-$44,000
-4.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.04%
Original Mortgage
$0
Interest Rate
3.11%
Mortgage Type
Unknown
Purchase Details
Closed on
May 25, 2021
Sold by
El Dorado Enterprises Grocerties Inc
Bought by
Jimenez Investments Inc
Purchase Details
Closed on
Mar 3, 2021
Sold by
Desanchez Esperanza Alvarez
Bought by
Diaz Serafin Sanchez
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,200
Interest Rate
2.7%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 22, 2021
Sold by
Saenz Jose C
Bought by
El Dorado Enterprises Groceries Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,200
Interest Rate
2.7%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $937,000 | Wfg National Title Company | |
| Grant Deed | $905,000 | New Title Company Name | |
| Grant Deed | $905,000 | New Title Company Name | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Grant Deed | $650,000 | Fidelity Natl Ttl Co Long Be |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $937,000 | New Conventional | |
| Previous Owner | $0 | Unknown | |
| Previous Owner | $567,200 | Commercial | |
| Previous Owner | $102,000 | New Conventional | |
| Closed | $0 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/04/2025 09/04/25 | Sold | $940,000 | +4.6% | $345 / Sq Ft |
| 07/09/2025 07/09/25 | Pending | -- | -- | -- |
| 03/11/2025 03/11/25 | Price Changed | $899,000 | -4.9% | $330 / Sq Ft |
| 02/25/2025 02/25/25 | For Sale | $945,000 | +4.4% | $346 / Sq Ft |
| 01/07/2022 01/07/22 | Sold | $905,000 | +0.6% | $332 / Sq Ft |
| 11/16/2021 11/16/21 | Pending | -- | -- | -- |
| 08/23/2021 08/23/21 | Price Changed | $899,999 | -5.2% | $330 / Sq Ft |
| 06/10/2021 06/10/21 | For Sale | $949,000 | -- | $348 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,705 | $960,392 | $636,724 | $323,668 |
| 2024 | $11,705 | $941,562 | $624,240 | $317,322 |
| 2023 | $11,481 | $923,100 | $612,000 | $311,100 |
| 2022 | $10,508 | $859,860 | $492,660 | $367,200 |
| 2021 | $1,386 | $85,332 | $42,666 | $42,666 |
| 2020 | $1,391 | $84,458 | $42,229 | $42,229 |
| 2019 | $1,352 | $82,802 | $41,401 | $41,401 |
| 2018 | $1,242 | $81,180 | $40,590 | $40,590 |
| 2017 | $1,217 | $79,590 | $39,795 | $39,795 |
| 2016 | $1,157 | $78,030 | $39,015 | $39,015 |
| 2015 | $1,143 | $76,858 | $38,429 | $38,429 |
| 2014 | $1,167 | $75,354 | $37,677 | $37,677 |
Source: Public Records
Agents Affiliated with this Home
-
Richard Schulman
-
Daniel Lipshutz
Seller Co-Listing Agent in 2025
Daniel Lipshutz
Keller Williams Los Angeles
(310) 826-8200
2 in this area
49 Total Sales
-
Steven Padilla
Seller's Agent in 2022
Steven Padilla
Century 21 A Better Service
(562) 298-6413
3 in this area
148 Total Sales
-
Vania Rincon
Buyer's Agent in 2022
Vania Rincon
Keller Williams Larchmont
(323) 804-9854
1 in this area
53 Total Sales
Map
Source: The MLS
MLS Number: 25502876
APN: 5175-011-021
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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