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$ 1,199,000
Est. payment /mo
New
701 Walnut Street Inglewood, CA 90301
9 Beds
3 Baths
9,663 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26201524
Bedrooms 9
Lot Size 9,663 Sqft
Property Sub-Type Res Income 2-4 Units
Property 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 buyers 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.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Off of Walnut
Interior
Heating Other/Remarks
Cooling Other/Remarks
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 4022025001
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Bill Ruane, DRE#00972400 Estate Properties
NEARBY SCHOOL & BUSINESS