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$ 1,199,000
Est. payment /mo
Price Dropped by $50K
701 Walnut Street Inglewood, CA 90301
9 Beds
3 Baths
9,663 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PV26016058
Bedrooms 9
Lot Size 9,663 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
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.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction W. Buckthorn St. & S. Walnut St.
Interior
Heating Forced Air Unit
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 4022025001
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Steven Thorn, DRE#02002405 Shoreview Partners Real Estate
Nearby Locations
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