$1,249,000
701 Walnut Street, Inglewood CA 90301
Multi-Family (Triplex)
Property type
145 days
On market
$450
Price per sqft
3 cars
Garage
1937
Year built
9,663 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: Steven Thorn DRE #02002405 310-406-5896, Shoreview Partners Real Estate
Listing updated: Mar 12, 2026 at 09:09pm.
Last checked: Jun 13, 2026 at 01:00pm
Source: CRMLS #PV26016058
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 3 | 1 | 1 | $2,392 | $2,392 | $2,700 | Unfurnished |
| 1 | 3 | 1 | 1 | $2,250 | $2,250 | $2,700 | Unfurnished |
| 1 | 3 | 1 | 1 | $2,600 | $2,600 | $2,700 | Unfurnished |
# of Buildings: 3
# of Units Total: 3
Separate Electric Meters: 3
Separate Gas Meters: 3
Separate Water Meters: 0
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
14.7x
List Price / Annual Gross Rent
Cap Rate
5.54%
NOI / List Price
Gross Scheduled Income: $84,744
Operating Expense: $15,530
Net Operating Income: $69,214
Annual Operating Expenses
Electric: $0
Gardener: $120
Fuel: $0
Insurance: $100
Trash: $0
Water / Sewer: $225
Interior
Interior Features: All Bedrooms Down
Room Type: Bedroom, Kitchen, Living Room
Heating: Forced Air
Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside
Entry Location: Front
Exterior
Property Attached: No
Stories Total: 1
Levels: One
Common Walls: No Common Walls
Lot Features: Street Level
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 3
Parking Total: 3
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 4022025001
Additional Parcels: No
Tax Lot: 10
Zoning: INR3YY
Tax Block: C
Community
Senior Community: No
Community Features: Sidewalks