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$1,249,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 4 days ago
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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.

Full Property Details for 701 Walnut St

General

  • Price: $1,249,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: PV26016058
  • Updated: 2/2/2026
  • Days on Market: 16 days
  • Added to Site: 16 day(s) ago

Interior

  • Rooms/Areas: All Bedrooms Down, Kitchen, Living Room

Rooms

Other Rooms

  • Laundry: Gas & Electric Dryer Hookup, Gas Dryer Hookup, Inside, Washer Hookup

Additional Information

  • Pool Description: None

Parking

  • Garage Spaces: 3

Location

  • Area: 101 - North Inglewood
  • County: Los Angeles
  • Development Name: 101 - North Inglewood
  • Driving Directions: W. Buckthorn St. & S. Walnut St.

Heating & Cooling

  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Gas Meters: 3
  • # Electric Meters: 3

Structural Information

  • Entry Location: Front
  • Stories/Levels: One
  • Stories Description: One
  • Square Feet: 2,775
  • Year Built: 1937

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.2218
  • Lot Size (Sq. Ft.): 9,663
  • Lot Size Source: Public Records
  • Zoning: INR3YY
  • Lot Description: Level with Street

Financial Considerations

  • Price Per Sq. Ft.: $450.09
  • Price Per Unit: 416333

Listed by Merit Real Estate, Steven Thorn

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Listing agent

— 701 Walnut St —

  • Steven Thorn

    Merit Real Estate

310-406-5896

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 701 Walnut St

School District:Inglewood Unified School District
NameGradesDistance
Hudnall (Claude) Elementary School
331 West Olive Street, Inglewood, CA 90301
K-60.4 mi
Crozier (George W.) Middle School
1210 West Regent Street, Inglewood, CA 90301
7-80.9 mi
Morningside High School
10500 Yukon Avenue South, Inglewood, CA 90303
9-121.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 701 Walnut St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/22/2026
Listed
$1,249,000
21.85%
MLS
5/24/2023
Sold
$1,025,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 701 Walnut St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,728
16829%
$1,066,410
2%
2024
$87
-98%
$1,045,500
359%
2023
$3,682
-2%
$227,666
2%
2022
$3,757
1%
$223,203
2%
2021
$3,719
4%
$218,827
1%
2020
$3,578
2%
$216,584
2%
2019
$3,524
3%
$212,338
2%
2018
$3,407
3%
$208,175
2%
2017
$3,316
3%
$204,094
2%
2016
$3,213
1%
$200,094
2%
2015
$3,182
—
$197,090
2%
2014
$3,193
—
$193,231
—
2013
$3,179
—
$192,359
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Merit Real Estate, Steven Thorn

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701 Walnut Street, Inglewood, CA 90301 (MLS# PV26016058) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 701 Walnut Street is currently listed for $1,249,000 and was received on January 22, 2026. Want to learn more about 701 Walnut Street? Do you have questions about finding other Multi-Family real estate for sale in Inglewood? You can browse all Inglewood real estate or contact a Coldwell Banker agent to request more information.

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