Inglewood, CA 90301 701 Walnut Street
$1,275,000
28 more
Presented By: Steven Thorn with Merit Real Estate; 310-406-5896
- MLS# PV25004376
- 01/07/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 6
Baths • 3
SQFT • 2,775
Garage • 3
Home Details
An exceptional investment opportunity awaits less than 2 miles from SOFI Stadium and the new Los Angeles Clippers Arena. Potential to build 6 or more units in the future (buyer to verify with the city.) Currently this property showcases a triplex on a generous lot. Each unit boasts 2 bedrooms plus a bonus room usable as an extra bedroom/office complemented by 1 bathroom. All units are well-maintained with reliable tenants who pay rent promptly. Additionally, each unit is equipped with washer and dryer hookups.
Presented By: Steven Thorn with Merit Real Estate; 310-406-5896
Interior Features for 701 Walnut Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesAllBedroomsDown
Laundry FeaturesWasherHookup, ElectricDryerHookup, GasDryerHookup, Inside
Total Stories1
Other Rooms
Entry Level1
General for 701 Walnut Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityInglewood
Community FeaturesSidewalks
CountyLos Angeles
DirectionsW. Buckthorn St. & S. Walnut St.
Electric Expense0.0
Electric On Property Y/NNo
Entry LocationFront
Fuel Expense0.0
Garage Spaces3.0
Garage Y/NYes
Gross Income72456.0
HOANo
HeatingForcedAir
Home Warranty Y/NNo
Insurance Expense100.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, Conventional
Lot Size Square Feet9663.0
Lot Size UnitsSquareFeet
MLS Area101 - North Inglewood
MobileHomeRemainsYNNo
Net Operating Income56926.0
New ConstructionNo
Number Of Units Total3
Operating Expense15530.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tax Lot10
Trash Expense0.0
Water Sewer Expense225.0
Waterfront Y/NNo
Year Built1937
Year Built SourcePublicRecords
ZoningINR3YY
Exterior for 701 Walnut Street
Building Area Total2775.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesStreetLevel
Lot Size Acres0.2218
Lot Size Area9663.0
Lot Size SourcePublicRecords
Number of Buildings3
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters0
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking3.0
Water SourcePublic
Additional Details
Price History
Hal Schlegel
Broker Associate