Courtesy of: Steven Thorn, Merit Real Estate, stevethorn86@gmail.com
Courtesy of: Steven Thorn, Merit Real Estate, stevethorn86@gmail.com
$1,249,000
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9 bed
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3.00 Bath (3 Full)
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Lot: 9,663.00 Square Feet
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Triplex
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$1,249,000
701 Walnut Street 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.
Courtesy of: Steven Thorn, Merit Real Estate, stevethorn86@gmail.com
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