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701 Walnut StreetInglewood, CA 90301

For Sale

$1,249,000

Smart Buyer Rebate $12,490

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.

Listed by Steven Thorn

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License #02002405

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Merit Real Estate

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310-406-5896

Last updated January 23, 2026

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Source: CRMLS #PV26016058

Listing Facts

  • TypeMulti-family
  • NeighborhoodArbor Park
  • Days on Prevu8

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

01/22/2026
Listed by Merit Real Estate
$1,249,000

Property Details for 701 Walnut Street

Association

Amenities

  • Community Features: Sidewalks

Exterior

Construction

  • Number Of Units Total: 3
  • Stories: 1
  • Stories Total: 1
  • Year Built: 1937
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: Front

Measurements

  • Building Area Total: 2,775
  • Building Area Units: Square Feet
  • Lot Features: Street Level
  • Lot Size Acres: 0.22
  • Lot Size Area: 9,663
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 9,663
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $84,744.00
  • Operating Expense: $15,530.00

Taxes

  • Parcel Number: 4022025001

Interior

Features

  • Interior Features: All Bedrooms Down

Other

Location

  • Tax Block: C
  • Tax Lot: 10

Parking

Parking

  • Garage Spaces: 3
  • Garage: Yes
  • Parking Total: 3

Utilities

Equipment

  • Heating: Forced Air
  • Has Heating: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 701 Walnut Street.

Does this multi-family home have parking?

Yes, there are 3 parking spaces available for 701 Walnut Street.

How does 701 Walnut Street compare to other multi-family homes in Arbor Park?

This multi-family home is listed 2% above the average price for multi-family homes in Arbor Park and has been on the market for 96 less days than the typical home in this area.

701 Walnut Street is a -bedroom multi-family home for sale in Inglewood CA 90301. Available on Prevu for 8 days at $1,249,000. This home is located in Arbor Park. The median listing price for multi-family homes in this area is $950,000. Property amenities include parking. Explore more multi-family home listings in Inglewood.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.