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Listed by Steven Thorn, DRE #02002405 • Shoreview Partners Real Estate
$1,199,000
Est. payment /mo
9,663 Sqft Lot
Price Dropped by $50K
701 Walnut ST Inglewood, CA 90301
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPV26016058
Year Built 1937
Lot Size 9,663 Sqft
Property Sub-Type Triplex
Source California Regional MLS
Property Description
Excellent investment opportunity located less than 2 miles from SoFi Stadium and the new Los Angeles Clippers Arena. Situated on a generous lot, the property offers potential for future redevelopment of 6+ units (buyer to verify with the city). The property currently consists of a well-maintained triplex, with each unit configured as 3 bedrooms and 1 bathroom. Rents have been recently raised, and the units are occupied by long-term tenants with a history of timely rent payments. Each unit includes washer and dryer hookups and functional, flexible layouts. Conveniently located near major sports venues, transit, and ongoing area development, this property presents a solid opportunity for investors seeking stable income with future upside potential in a growing Los Angeles market.
Location
State CA
County Los Angeles
Area 101 - North Inglewood
Interior
Heating Forced Air
Laundry Gas Hookup, 30, Other, 38
Exterior
Garage Spaces 3.0
Pool None
Building
Lot Description Grade - Level
Story One Story
Water District - Public
Others
Tax ID 4022025001
Special Listing Condition Not Applicable
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