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701 Walnut St
For Sale $1,249,000
$1,249,000
- Unknown Bedrooms
- Unknown Bathrooms
- Unknown Sq Ft
- 9,663 Sq Ft
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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,249,000 |
| Property Type | Triplex (3-units) |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 3 spots |
| Year Built | 1937 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 4022025001 |
| MLS # | PV26016058 |
| Property ID | 322532204 |
| Lot Sqft | 9,663 |
| Zoning | INR3YY |
| Total Units | 3 |
| Days on Market | 33 |
| Original List Price | $1,249,000 |
| Date Updated | February 02, 2026 |
| Date Created | January 22, 2026 |
Listing Provided By
Steven Thorn an agent of . Lic #02002405
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of February 02, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Robert Crawford
REAL ESTATE AGENT