$1,199,000

701 Walnut St Inglewood, CA 90301

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0.22 acres

Residential Income · Triplex · Built 1937 · 46 days on Properkey

Description

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.

Agent & source

Listed by
Bill Ruane
Brokerage
Estate Properties
DRE
#00972400
Phone
310-877-2374
MLS # SB26201524 Source CRMLS

Property details

Rooms & Layout

Levels
One
Laundry
Inside, See Remarks

Property Features

Lot features
0-1 Unit/Acre
Community
Street Lights, Sidewalks

Exterior & Parking

Parking
3-car garage, Driveway, See Remarks
Common Walls
No Common Walls

Interior & Comfort

Heating
See Remarks
Cooling
See Remarks

Utilities

Water Source
Public
Sewer
Public Sewer

Nearby

Active Pending Closed Rental

School information not available for this property.

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  3. 3.Finalize your offer. Your agent will prepare your offer and negotiate on your behalf.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-11-05 03:08:03 PST. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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