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.
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
Triplex
Built in 1937
-- sqft lot
$1,166,500 Zestimate®
$432/sqft
$-- HOA
What's special
- 8 hours
- 14
- 0
Zillow last checked:
Listing updated:
Listed by:
Bill Ruane DRE #00972400 310-877-2374,
Estate Properties
Source: CRMLS,MLS#: SB26201524
Originating 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
| Date | Event | Price |
|---|---|---|
| 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: | ||
| 5/19/2023 | Contingent | $1,100,000$396/sqft |
Source: | ||
| 4/7/2023 | Listed for sale | $1,100,000$396/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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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Neighborhood: 90301
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