701 Walnut ST, Inglewood, CA 90301
701 Walnut ST, Inglewood, CA 90301
701 Walnut ST, Inglewood, CA 90301
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Lucio Real Estate Group

Lucio Real Estate Group

+1(805) 512-0065
$1,199,000
Est. payment /mo
9,661 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26201524

HOA Y/N No

Year Built 1937

Lot Size 9,661 Sqft

Property Sub-Type Triplex

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 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.

Location

State CA

County Los Angeles

Area 101 - North Inglewood

Interior

Heating See Remarks

Cooling See Remarks

Fireplace No

Laundry Inside, See Remarks

Exterior

Parking Features Driveway, See Remarks

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Street Lights, Sidewalks

View Y/N No

View None

Total Parking Spaces 3

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4022025001

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

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CRMLS Full IDX Feed (MAIN Website Search)
Listed by Bill Ruane Estate Properties 310-877-2374, DRE #00972400

Nearby Locations

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Lucio Real Estate Group
Lucio Real Estate Group

Broker Associate License ID: 01893011

+1(805) 512-0065

www.LucioRealEstate.com

1000 Town Center Dr #300, Oxnard, CA 93036, USA

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701 Walnut ST

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