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.
For sale
Listed by: Shoreview Partners Real Estate • Steven Thorn • Contact: 310-406-5896
Price cut: $50K (7/2)
$1,199,000
701 Walnut St, Inglewood, CA 90301
9beds
3baths
2,775sqft
Triplex
Built in 1937
-- sqft lot
$1,178,000 Zestimate®
$432/sqft
$-- HOA
What's special
Functional flexible layoutsWasher and dryer hookupsGenerous lot
- 164 days |
- 185 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Steven Thorn DRE #02002405 310-406-5896,
Shoreview Partners Real Estate
Source: CRMLS,MLS#: PV26016058
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
Rooms
- Room types: Bedroom, Kitchen, Living Room
Bedroom
- Features: All Bedrooms Down
Heating
- Forced Air
Appliances
- Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside
Features
- All Bedrooms Down
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,775
- Total interior livable area: 2,775 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Garage spaces: 3
Features
- Levels: One
- Stories: 1
- Entry location: Front
- Pool features: None
Lot
- Size: 9,663 Square Feet
- Features: Street Level
Details
- Parcel number: 4022025001
- Zoning: INR3YY
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Condition
- New construction: No
- Year built: 1937
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Inglewood
Financial & listing details
- Price per square foot: $432/sqft
- Tax assessed value: $1,066,410
- Annual tax amount: $14,728
- Date on market: 1/22/2026
- Cumulative days on market: 164 days
- Listing terms: Cash,Conventional
Estimated market value
$1,178,000
$1.12M - $1.24M
$3,393/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Price change | $1,199,000-4%$432/sqft |
Source:  CRMLS #PV26016058 Report a problem | ||
| 1/22/2026 | Listed for sale | $1,249,000+21.9%$450/sqft |
Source: CRMLS #PV26016058 Report a problem | ||
| 6/23/2023 | Sold | $1,025,000-6.8%$369/sqft |
Source: Public Record Report a problem | ||
| 6/22/2023 | Pending sale | $1,100,000$396/sqft |
Source: CRMLS #SB23050967 Report a problem | ||
| 5/19/2023 | Contingent | $1,100,000$396/sqft |
Source: CRMLS #SB23050967 Report a problem | ||
| 4/7/2023 | Listed for sale | $1,100,000$396/sqft |
Source: CRMLS #SB23050967 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,728 +7.4% | $1,066,410 +2% |
| 2024 | $13,710 +272.3% | $1,045,500 +359.2% |
| 2023 | $3,682 -2% | $227,666 +2% |
| 2022 | $3,757 +1% | $223,203 +2% |
| 2021 | $3,719 +3.9% | $218,827 +1% |
| 2020 | $3,578 | $216,584 +2% |
| 2019 | $3,578 +5% | $212,338 +2% |
| 2018 | $3,407 | $208,175 +2% |
| 2017 | $3,407 +2.7% | $204,094 +2% |
| 2016 | $3,316 +3.2% | $200,094 +1.5% |
| 2015 | $3,213 +0.6% | $197,090 +2% |
| 2014 | $3,193 | $193,231 +5% |
| 2009 | -- | $183,948 +2.7% |
| 2008 | -- | $179,144 +10.3% |
| 2007 | -- | $162,466 +2% |
| 2006 | -- | $159,281 |
| 2005 | -- | $159,281 +4% |
| 2004 | -- | $153,098 +1.9% |
| 2003 | -- | $150,293 +2% |
| 2002 | -- | $147,347 +4% |
| 2000 | -- | $141,627 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 90301
Nearby schools
GreatSchools rating
- 1/10Hudnall (Claude) Elementary SchoolGrades: K-6Distance: 0.4 mi
- 5/10Crozier (George W.) Middle SchoolGrades: 7-8Distance: 0.9 mi
- 3/10Morningside High SchoolGrades: 9-12Distance: 1.8 mi
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- California
- Los Angeles County
- Inglewood
- 90301
- 701 Walnut St
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