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Coming soon 10/01
  • Listed by: Estate Properties • Bill Ruane • Contact: 310-877-2374
    $1,199,000

    701 Walnut St, Inglewood, CA 90301

    9beds
    3baths
    2,775sqft
    : 
    $8,162/mo
    Get pre-qualified
    Triplex
    Built in 1937
    -- sqft lot
    $1,166,500 Zestimate®
    $432/sqft
    $-- HOA

    What's special

    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.
    8 hours
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    Zillow last checked:

    Listing updated:

    Listed by:

    Bill Ruane DRE #00972400 310-877-2374,

    Estate Properties

    Source: CRMLS,MLS#: SB26201524MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 3
      Rooms
      • Room types: Kitchen, Living Room, Other
      Heating
      • See Remarks
      Cooling
      • See Remarks
      Appliances
      • Laundry: Inside, See Remarks
      Features
      • 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: Driveway, See Remarks
      • Garage spaces: 3
      Features
      • Levels: One
      • Stories: 1
      • Entry location: 1
      • Pool features: None
      • Spa features: None
      Lot
      • Size: 9,663 Square Feet
      • Features: 0-1 Unit/Acre
      Details
      • Parcel number: 4022025001
      • 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: Street Lights, Sidewalks
      Location
      • Region: Inglewood

      Financial & listing details

      • Price per square foot: $432/sqft
      • Tax assessed value: $1,087,737
      • Date on market: 9/18/2026
      • Listing terms: Cash,Cash to New Loan,Conventional

        Estimated market value

        $1,166,500

        $1.11M - $1.22M

        $3,297/mo

        Price history

        DateEventPrice
        6/23/2023Sold$1,025,000-6.8%$369/sqft
        Source: Public Record Report a problem
        6/22/2023Pending sale$1,100,000$396/sqft
        Source: CRMLS #SB23050967 Report a problem
        5/19/2023Contingent$1,100,000$396/sqft
        Source: CRMLS #SB23050967 Report a problem
        4/7/2023Listed for sale$1,100,000$396/sqft
        Source: CRMLS #SB23050967 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $1,087,737 +2%
        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

        Payment breakdown

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        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 90301

        Getting around

        84 / 100
        Very Walkable
        52 / 100
        Good Transit
        60 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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