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701 Walnut St, Inglewood, CA, 90301

$1,275,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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701 Walnut St, Inglewood$1,275,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Garage3 spaces
Year Built1937
HeatingForced Air
MLS #PV25004376
Lot Size0.22 Acres
StatusActive

About 701 Walnut St

An exceptional investment opportunity awaits less than 2 miles from SOFI Stadium and the new Los Angeles Clippers Arena. Potential to build 6 or more units in the future (buyer to verify with the city.) Currently this property showcases a triplex on a generous lot. Each unit boasts 2 bedrooms plus a bonus room usable as an extra bedroom/office complemented by 1 bathroom. All units are well-maintained with reliable tenants who pay rent promptly. Additionally, each unit is equipped with washer and dryer hookups.

Property Details

Property Features

Property Information:

  • Year Built: 1937
  • Stories: 1

Listing Office:

  • Office Name: Merit Real Estate
  • Office Phone: (310) 406-5896
  • Listing Agent: Steven Thorn

Interior Features

Interior Information:

  • Interior: All Bedrooms Down

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 3 spaces

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: W. Buckthorn St. & S. Walnut St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,275,000

Tax Information:

  • Annual Amount: $3,719
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Inglewood, CA.

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Inglewood, CA

City

Med. Sold Price

$755K

Med. Price/SqFt

$507

Avg. Days On Market

40

# of Sold Homes

34

701 Walnut St vs Inglewood

2 DAYS ON ROCKET

-38 Days

$1,275,000

+$520K More

KEY TAKEAWAY

This property is $520K more than the Median Sold Price in Inglewood, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PV25004376

Listing Office:

  • Office Name: Merit Real Estate
  • Office Phone: (310) 406-5896
  • Listing Agent: Steven Thorn

IDX 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 broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/10/2025, 4:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,719$218,827
2020$3,524$216,584
2019$3,407$212,338
2018$3,316$208,175
2017$3,316$204,094

History based on county public records data.

Payment Calculator

$6,431

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,889

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1648166
6
/10

  • Icef Inglewood Elementary Charter Academy

  • 434 S Grevillea Ave

  • 0.23 miles

  • Public Charter Grades KG-5

school-card-donut-1648167
3
/10

  • Beulah Payne Elementary School

  • 215 W 94th St

  • 0.28 miles

  • Public District Grades KG-6

school-card-donut-1648168
4
/10

  • W. Claude Hundall Elementary School

  • 331 W Olive St

  • 0.46 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,481. The majority of Inglewood, CA residents have income between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Inglewood›90301›701 Walnut St

This home is located at 701 Walnut St in Inglewood, CA and zip code 90301 in the South Bay neighborhood. This home, which was built in 1937, sits on a 0.22 acre lot. It has been listed on Rocket Homes since January 08, 2025 and is currently priced at $1,275,000.

Inglewood, CA housing market in December 2024 saw over 15 listings sold above listed price, more than 7 sold at listed price and over 12 sold below. Between November 2024 and December 2024, Inglewood, CA real estate market has seen decrease in the number of listings by 12.9%. While the average time on the market in December 2024 was 40 days, the median list price was $755,000.

From Rocket Homes Real Estate and based on county public records data.

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