701 Walnut Street

Property Overview

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.

Home Details

Property type: Residential Income - Triplex
Year built: 1937
Lot size: 9,663 sq ft
Parking: 3 spaces
Garage: 3 spaces
Stories: 1
Days on market: 1
MLS status: Active

Features & Amenities

Parking

Driveway
See Remarks

Pool

None

Lot

Zero To One Unit Acre

Community, Schools & Utilities

Community

View: None

Utilities

Heating: SeeRemarks
Cooling: SeeRemarks
Water: Public
Sewer: PublicSewer

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Location & Neighborhood

Inglewood, CA 90301

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Frequently Asked Questions About 701 Walnut Street

Property type: Residential Income

The current asking price is $1,199,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.

Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 701 Walnut Street. Our team will confirm availability and timing.

This property offers the living space reported in the listing. It was built in 1937. Review the listing details and disclosures, then independently verify material features before making a decision.

The property is in Inglewood, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.

Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Inglewood property.

The MLS currently reports the property as Active. It has been listed for 1 days. Status can change, so verify availability before relying on it.

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