701 Walnut Street

Property Overview
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.
Home Details
- Property type
- ResidentialIncome - Triplex
- Year built
- 1937
- Lot size
- 9,663 sq ft
- Parking
- 3 spaces
- Garage
- 3 spaces
- Stories
- 1.0
- Days on market
- 175
- MLS status
- Active
- Zoning
- INR3YY
Features & Amenities
Interior
- All Bedrooms Down
Pool
- None
Lot
- Street Level
Community, Schools & Utilities
Utilities
- Heating
- ForcedAir
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions
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