701 Walnut Street, Inglewood, CA 90301

$1,199,000

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List Agent Steven Thorn () 310-406-5896 Shoreview Partners Real Estate; CoList ()

List Price
$1,199,000
Price Change
▼ $50,000 1782969335
Status
ACTIVE
MLS#
PV26016058
Year Built
1937
Lot Size
9,663
Lot Location
Street Level
Days on Market
187
Property Type
Multifamily
Property Sub Type
Triplex
Stories
One Level

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.

Additional Information

Pool Description
None
Heat
Forced Air
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.