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$1,199,000
New Listing

701 Walnut Street
Inglewood, CA 90301

Triplex|Coming Soon
0
Beds
0
Total Baths
2,775
SqFt
$432
/SqFt
1937
Built
County:
Los Angeles
Listed by Bill Ruane of Estate Properties [email protected]

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

701 Walnut Street701 Walnut Street701 Walnut Street701 Walnut Street
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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.

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Listing Snapshot
Price 
$1,199,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,775 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2218 Acres
Year Built 
1937
MLS® Number 
SB26201524
Status 
Coming Soon
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 hours agoListing first seen on site
13 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.2218
Garage 
Yes
Garage Spaces 
3
Land Lease 
No
Levels 
One
Number Of Stories 
1
Parking 
DrivewaySee Remarks
Parking Spaces 
3
Property Sub Type 
Triplex
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
2775
Water Source 
Public
Interior Features
Cooling 
Heating 
See Remarks
Laundry Features 
InsideSee Remarks
Kitchen 
Living Room 
Other 
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Exterior Features
Pool Features 
None
Spa Features 
None
View 
None
Waterview 
None
Community Features
Community Features 
Street LightsSidewalks
MLS Area 
101 - North Inglewood
Financing Terms Available 
CashConventional
Building Access 
1


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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