About This Home

This 9-bedroom, 3-bathroom multi-family at 701 Walnut Street in Inglewood, CA is listed for $1,199,000. Built in 1937, on a 0.22 acres lot.

Key Features

  • Built in 1937
  • 0.22 acre lot
  • 3 parking spaces

Property Details

1 story
3 full
3-car garage
1937

Amenities

A/C
Listing 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 substanti

al 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.

Monthly Cost Estimate

$6,413/mo

20% down · 6.5% · 30 years

Principal$867
Interest$5,196
Insurance$350

Estimates only. Actual payments may vary.

Location

701 Walnut Street

Inglewood, CA 90301

Property Details

Parking

Driveway

Questions & Answers

This 9-bedroom, 3-bathroom multi-family at 701 Walnut Street is listed at $1,199,000. The estimated monthly payment is $6,413 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1937, 0.22 acre lot, 3 parking spaces.

This property is listed by Bill Ruane.

BR

Bill Ruane

License 00972400

Agent at Estate Properties

Listed by Estate Properties · Broker phone: (310) 378-9494 · Broker website

MLS# SB26201524· Source: California Regional Multiple Listing Service, Inc· 57 days on PropertySimple

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.

701 Walnut Street, Inglewood, CA 90301

Open this listing in: