Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
Listed by Estate Properties, Bill Ruane, Listing Contact: 3108772374

$1,199,000

701 Walnut ST, Inglewood CA, 90301

Price per sqftN/A
Built in1937
Property typeMulti-family

Overview

Active

Listed Sep 20, 2026

Updated 9 days ago

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.

$7,977/mo

Est. mortgage payment based on a $1,199,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CRSB26201524

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.22 Acres

Other Property Details

Garage
Yes
MLS provider logo

Listed by Estate Properties, Bill Ruane DRE:00972400,
Listing Contact: 310-877-2374 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Stansell Gaudreau - Real Estate Experts shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Stansell Gaudreau - Real Estate Experts are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

©2026 MLS Listings, Inc. All rights reserved. 2026

Data last updated 2:32 PM UTC, 9/28/2026

 

 

Powered by Luxury Presence