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7-Unit Apartment Building
For Sale
$2,650,000

711 Walnut St, Inglewood, CA 90301

Unit mix includes one-, two-, and three-bedroom residences with subterranean and surface parking.

Property SizeContact for details
Days on Market731

Property Features for 711 Walnut St

General Information

Standard status Active
Total Parking Spaces 11
Property subtype Residential Income

Units

Unit Mix 1 x 3bd/2ba, 2 x 2bd/2ba+den, 4 x 1bd/1ba
Multifamily Units 7
Listing Agency: Wetrust Realty
Listed By: Robin White
Source: Exprealty
Added: Sep 7, 2024 Changed: Sep 2 Last Checked: Sep 6 at 11:13AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wetrust Realty

Investment Insights

Based on property information with market context.

This 7-unit apartment property at 711 Walnut St includes four 1bd/1ba units, two 2bd/2ba units with dens, and one 3bd/2ba unit. Parking includes 7 subterranean spaces and 4 ground-level spaces. The property is in the final stages of approval for converting the 4 ground-level parking spaces into 2 additional units.

Walnut Street is described as a tree-lined residential setting with a mix of single-family homes and apartment buildings. The property is a three-minute drive from SoFi Stadium, YouTube Theater, Intuit Dome, Kia Forum, Costco, Target, and Home Depot.

Key Highlights

  • 7‑unit apartment property with one 3bd/2ba, two 2bd/2ba+den, and four 1bd/1ba units
  • 7 subterranean parking spaces plus 4 ground‑level spaces
  • Final stages of ADU approval to convert 4 ground‑level parking spaces into 2 additional units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store Nursing Home Pet Grooming Service Law Firm Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

2,535
Businesses Nearby

Demographics for 90301, CA

36,270
Population
12,884
Households
2.8
Avg Household Size
37
Median Age
20%
College-Educated
73%
High-School Grad
2.5 sq mi
ZIP Area
14,508
Density / Sq Mi
$62,991
Median Household Income
$33,884
Median Earnings
$1,658
Median Rent
$698,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Unit mix includes one-, two-, and three-bedroom residences with subterranean and surface parking.
Where is this apartment building located?
The property is located at 711 Walnut St Inglewood, CA.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: 7‑unit apartment property with one 3bd/2ba, two 2bd/2ba+den, and four 1bd/1ba units; 7 subterranean parking spaces plus 4 ground‑level spaces; Final stages of ADU approval to convert 4 ground‑level parking spaces into 2 additional units
More about this property
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