$1,249,000

701 Walnut Street, Inglewood, CA 90301

  • 9 beds
  • 2,775 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1937
  • Property Lot Size Icon9,583sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $450/sqft
  • Property List Date Icon Listed 16 days ago

Property Description

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.

Listing Status:
Active
Date Added:
January 22, 2026
Data Last Updated:
February 7, 2026 at 10:06PM
Listing Office:
Merit Real Estate : 310-379-4444
Listing Agent:
Steven Thorn : 310-406-5896
MLS ID:
CRPV26016058
  • Laundry: Gas Dryer HookupOtherInside
  • Heating: Forced Air
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: INR34022025001
  • Source: CRMLS

Presented by Veterans United Realty

This listing courtesy of Steven Thorn , Merit Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Beulah Payne Elementary School

215 W 94th St, Inglewood, CA, 90301

Grades KG-6

0.28 miles away

C

Crozier Elementary School

1210 W Regent St, Inglewood, CA, 90301

Grades 7-8

0.59 miles away

I

Inglewood High School

231 S Grevillea Ave, Inglewood, CA, 90301

Grades 9-12

0.36 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.