For Sale Triplex MLS# SB26201524

701 Walnut Street

Inglewood, CA 90301

$1,199,000

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About 701 Walnut Street

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.

Property details

Property

Type
Triplex
MLS type
Triplex
Status
Active
Year built
1937
Stories
1
Living area
2,775 sqft
Price / sqft
$432
Lot
0.2218
Original price
$1,199,000
MLS #
SB26201524

Interior

Laundry
Inside

Exterior & lot

Features
Parking spaces: 3
Construction
1
Lot
4022025001
Parking
Driveway
Garage spaces
3

Schools

District
Inglewood Unified School District

Utilities

Utilities
Public Sewer, Public
Water
Public
Sewer
Public Sewer

Financial

Parcel
4022025001
Special conditions
Standard

Location

Area
101 - North Inglewood
County
Los Angeles
Neighborhood
Arbor Park
Community
0.0
Directions
Off of Walnut

Ask about this property

Questions on 701 Walnut Street, Inglewood, CA 90301, or want to see it in person?

Listed by Bill Ruane, Estate Properties

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.