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701 Walnut Street
Inglewood CA 90301 US

$1,199,000

Active Listing ID SB26201524
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9 bed
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3.00 Bath (3 Full)
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Lot: 0.22 Acres
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Triplex

$1,199,000

Active Listing ID SB26201524
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701 Walnut Street 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.

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Property Features

  • Facts
  • Lot Size: 0.22 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Triplex
  • Features
  • Full Bathrooms: 3

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Triplex
  • listprice: 1199000
  • unparsedaddress: 701 Walnut Street
  • postalcity: Inglewood
  • stateorprovince: CA
  • country: US
  • postalcode: 90301
  • bathroomsfull: 3
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.2218
  • lotsizeunits: Acres
  • lotsizearea: 0.2218
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Bill Ruane
  • listagentemail: bill@billruane.net
  • listagentkey: 3yd-MRMLSCA-SRUANWIL
  • listagentmlsid: SRUANWIL
  • listagentpreferredphone: 3108772374
  • listagentofficephone: 3108772374
  • listofficekey: 3yd-MRMLSCA-S5228
  • listagentstatelicense: 00972400
  • listofficemlsid: S5228
  • disclaimer: Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1937
  • listingcontractdate: 2026-09-03
  • listagentfax: 3103225724
  • listagenturl: http://www.realestatelosangeles.com
  • countyorparish: Los Angeles
  • parcelnumber: 4022025001
  • numberofunitstotal: 3
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 3
  • parkingfeatures: Driveway
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bedroom 2, Bedroom 7, Bedroom 9, Bedroom 8, Kitchen, Bedroom 5, Bedroom 4, Laundry Room, Bathroom 1, Bathroom 3, Bathroom 2, Bedroom 1, Bedroom 6, Bedroom 3
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
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Listing Changed: 9/21/2026 1:22:55 PM GMT
Source Updated Date: 9/25/2026 12:54:57 PM GMT

Courtesy of: Bill Ruane, Estate Properties, bill@billruane.net

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.