701 Walnut St

Inglewood, CA 90301
  • $1,199,000

    Price
  • 9

    Bed
  • 3

    Bath
  • 2,775

    SqFt
  • 0.22

    Acre

About the Listing S5228 - SRUANWIL

Prime opportunity for investors looking to acquire a well-positioned income property in the heart of one of Los Angeles’ most active growth areas. This fully occupied triplex sits on a sizable lot in close proximity to SoFi Stadium and the new Clippers arena, offering both immediate rental income and exciting long-term possibilities. Each of the three units features a spacious 3-bedroom, 1-bathroom configuration with practical layouts and washer/dryer hookups. The property is currently occupied by established long-term tenants, and recent rental increases provide an attractive income profile for the next owner. Beyond the existing income stream, the generous lot may offer additional development potential, including the possibility of expanding to 6+ units, subject to buyer’s investigation and verification with the City and all applicable agencies. With convenient access to major entertainment destinations, transportation, employment centers, and substantial new development throughout the surrounding area, this property is well suited for investors seeking a combination of dependable occupancy, rental upside, and future development potential.

Listing Highlights for 701 Walnut St

Status Active
Days on Site 27
Property Type Multi-Family
MLS ® SB26201524
Year Built 1937
Total Square Footage 2,775
Lot/Acreage 0.22

Interior Details

  • Bedrooms: 9
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond: See Remarks
  • Heating: See Remarks
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: 0-1 Unit/Acre,No Land Lease
  • Garage Capacity: 3 car
  • Parking Spaces: 3
  • Roof:
  • Others: 2+ Total Units
  • Sewer: Public Sewer
  • Parking Features: Driveway,See Remarks

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 4022025001
  • Tax Year: N/A

Payment Calculator

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Listing Location

Questions About..

701 Walnut St Inglewood, CA 90301

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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