701 Walnut Street Inglewood, CA $ 1,199,000
701 Walnut Street
$ 1,199,000
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701 Walnut Street

Inglewood, CA, 90301
$ 1,199,000
Bedrooms-- Baths1.0 Sq 2,775

Monthly Estimate*

$ 8,281

Listed by Bill Ruane, Estate Properties, bill@billruane.net
701 Walnut Street, Inglewood, CA 90301 - Image 1
701 Walnut Street, Inglewood, CA 90301 - Image 2
701 Walnut Street, Inglewood, CA 90301 - Image 3
701 Walnut Street, Inglewood, CA 90301 - Image 4
701 Walnut Street, Inglewood, CA 90301 - Image 5
701 Walnut Street, Inglewood, CA 90301 - Image 6
701 Walnut Street, Inglewood, CA 90301 - Image 7

Multi-Family Home for sale in Inglewood, CA

for $1,199,000 with 1 full bath. This 2,775 square foot home was built in 1937 on a lot size of 0.2218.

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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Multi-Family Active

Price

$ 1,199,000

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2218

Year Built

1937

Town/City

Inglewood

County/Region

Los Angeles

MLS | Web ID

SB26201524

Days on Market

47

Features
General
Sewer Public Sewer
Heating See Remarks
Cooling See Remarks
HOA Fee 0
Garage Spaces 3
Pool Features None
Year Built 1937
View None
Stories Count 1
Levels One
Property Subtype Triplex
Gross Income 84744
Community Features Street Lights Sidewalks
County Los Angeles
Net Operating Income 69124
Operating Expense 15530
Insurance Expense 100
New Construction false
Property Type Residential Income
HOA false
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Off of Walnut
City Inglewood
Entry Location 1
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
Number of Units Leased 3
Listing Terms Cash Cash to New Loan Conventional
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
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 Assessor
Tax Lot 10
Property Sub Type Additional Triplex
Expected Active Date 2026-09-20
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Interior
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Inside See Remarks
Entry Level 1
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Exterior
Parking Features Driveway See Remarks
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 3
Lot Size Area 9663
Number of Buildings 3
Spa false
Building Area Total 2775
Lot Size Acres 0.2218
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
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* Excluded Features
List By
Bill Ruane

Listing Agent

Estate Properties

Broker

bill@billruane.net

Email

Affordability Calculator

$8,281
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,281
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/18/2026$1,199,000 Listed Price

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701 Walnut Street, Inglewood, CA, 90301 is a Multi-Family Home for sale at $1,199,000 with 2,775 sqft and a lot size of 0.2218. 701 Walnut Street has 1.0 baths and was built in 1937. The property's zip code is 90301 which is in Inglewood, CA