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30815570
30815571

701 Walnut Street, Inglewood, CA 90301

Merit Real Estate
Listed by Merit Real Estate
$1,249,000
134 days on market
Updated 69 days ago

701 Walnut Street

Details
APN 4022025001
Property Type Multifamily
Sub Type Apartment Building
Units 3
Buildings 3
Stories 1
Acreage 0.222
Zoning Public Rec

Multifamily | 3 Units

Marketing 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.
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Merit Real Estate
Listed by Merit Real Estate

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