701 Walnut Street Inglewood, CA ^$ 1,249,000

701 Walnut Street

^$ 1,249,000

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Recently Listed

701 Walnut Street

Inglewood, CA, 90301

^$ 1,249,000

Studio Baths1.0 Sq 2,775

Monthly Estimate*

^$ 7,690

Listed by Merit Real Estate

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Studio

Multi-Family Home for sale in Inglewood, CA

for $1,249,000 with 1 full bath. This 2,775 square foot home was built in 1937 on a lot size of 0.2218.

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.

Multi-Family Active

Price

^$ 1,249,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.2218

Year Built

1937

Town/City

Inglewood

County/Region

Los Angeles

MLS | Web ID

PV26016058

Days on Market

Features

General

Sewer Public Sewer

Heating Forced Air

Zoning INR3YY

Garage Spaces 3

Pool Features None

Year Built 1937

Stories Count 1

Levels One

Property Subtype Triplex

Gross Income 84744

Community Features Sidewalks

County Los Angeles

Net Operating Income 69214

Operating Expense 15530

Insurance Expense 100

New Construction false

Property Type Residential Income

Garage Y/N true

Special Listing Conditions Standard

Status Active

Directions W. Buckthorn St. & S. Walnut St.

City Inglewood

Entry Location Front

Senior Community Y/N false

Number Of Units Total 3

MLS Area 101 - North Inglewood

Lot Size Units Square Feet

Lot Size Square Feet 9663

Listing Terms Cash Conventional

Property Attached Y/N false

Land Lease Y/N false

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 225

Additional Parcels Y/N false

Rent Control Y/N true

Building Area Units Square Feet

Standard Status Active

Year Built Source Public Records

Tax Lot 10

Property Sub Type Additional Triplex

Interior

Interior Amenities All Bedrooms Down

Total Stories 1

Common Walls No Common Walls

Heating Y/N true

Laundry Features Washer Hookup Electric Dryer Hookup Gas Dryer Hookup Inside

Entry Level 1

Exterior

Lot Features Street Level

Water Source Public

Total Parking 3

Lot Size Area 9663

Number of Buildings 3

Building Area Total 2775

Lot Size Acres 0.2218

Private Pool false

Lot Size Source Public Records

Number of Separate Water Meters 0

Number of Separate Gas Meters 3

Number of Separate Electric Meters 3

* Excluded Features

List By

Merit Real Estate

Broker

stevethorn86@gmail.com

Affordability Calculator

$7,690

Per Month

Monthly Principal & Interest: $7,690
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Inglewood, CA

Average List Price ^$1,560,880

Percent of Sale Price 25%

About Inglewood, CA

110,986 Population

-2% Since 2002

^$45,801 Median Income

35.72 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/22/2026	$1,249,000		Listed Price

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701 Walnut Street, Inglewood, CA, 90301 is a Multi-Family Home for sale at $1,249,000 with 2,775 sqft and a lot size of 0.2218. 701 Walnut Street is a studio with 1.0 baths and was built in 1937. The property's zip code is 90301 which is in Inglewood, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 1/28/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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701 Walnut Street

Multi-Family Home for sale in Inglewood, CA

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