ResidentialIncome — 701 Walnut Street, Inglewood, CA
$1,199,000
701 Walnut Street, Inglewood, CA
About this property
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.
Property details
Location
701 Walnut Street • Inglewood, CA 90301
Listed by
Steven Thorn · Shoreview Partners Real Estate