Check Availability

701 Walnut Street

701 Walnut Street, Inglewood, CA 90301
Property in Inglewood
Sold Jun 23, 2023
$1,025,000
$968,596 by New American Funding
Mortgage Due Jul 01, 2053
701 Walnut Street has been categorized by the local assessors in Inglewood, CA as a residential type of property. The building on the property was first built in 1937 and is 87 years old. The home has a total of 6 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. In addition, 701 Walnut Street has 2,775 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 9,661 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a triplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 701 Walnut Street sold most recently in May 24, 2023 for a total of $1,025,000. If you work out the math, that's approximately a cost of $369.37 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,757 in taxes each year. 701 Walnut Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $227,666. If we break it down further, the land itself was valued at $145,408. Improvements to the property, however, were assessed at a total of $82,258. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1937
  • Building Count: 3
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Triplex
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,661
  • Total Building Area: 2,775
  • Building Area: 2,775
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,775
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 2
  • Land Acres: 0.222
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: 1NGLEWOOD WALNUT TR NO 2 LOT/SEC 10 BLK/DIV/TWN C

Ownership

  • Current Owner : DOAN HAU N
  • Current Owner 2: DUTT JYOTISHNA A
  • Previous Owner : LUIGI B CATANZARITL LIVING TRUST
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Inglewood Unified School District
  • Census Tract: 601212

Zoning

  • Zoning: INR3YY

Geography

  • Assessors Map Reference: 57-A2
  • Subdivision Tract Number: 2
  • Parcel: 4022-025-001
  • Block: C
  • Lot: 10
  • Municipality: WEST /INGLEWD/LENNOX
  • Latitude: 33.9553
  • Longitude: -118.357

    Address

  • Full Address: 701 Walnut St
  • Address - House Number: 701
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: CA
  • City Name: Inglewood
  • Carrier Code: C034
  • 4-Digit Zip Code: 0325
  • Zip Code: 90301

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,757
  • Tax Rate Code Area: 04-569

    Appraisal Valuation

  • Standard Deviation: 0.2265
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,087,441
  • High Value: 1,333,750
  • Low Value: 841,132

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $968,596
  • First Open Lien Mortgage Lender: NEW AMERICAN FUNDING
  • First Open Lien Mortgage Recording Date: Jun 23, 2023
  • First Open Lien Mortgage Loan Amount: $968,596
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $227,666
  • Assessed Land Value: $145,408
  • Assessed Improvements Value: $82,258

    Sales

  • Current Sale Contract Date: May 24, 2023
  • Current Sale Recording Date: Jun 23, 2023
  • Current Sale Transaction ID: 11908336074
  • Current Sale Price: $1,025,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 410846

    Last Sale Mortgage

  • First Mortgage Lender: NEW AMERICAN FUNDING
  • First Mortgage Transaction Date: Jun 23, 2023
  • First Mortgage Loan Amount: $968,596
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jul 01, 2053

About Inglewood



Similar Buildings

Property at 701 Walnut Street,

110 East Hillcrest Boulevard

  • 1 Unit for Sale
110 East Hillcrest Boulevard, Inglewood, CA 90301
Property at 701 Walnut Street,

128 East Spruce Avenue

  • 1 Unit for Sale
128 East Spruce Avenue, Inglewood, CA 90301
Property at 701 Walnut Street,

711 Larch Street

  • 1 Unit for Sale
711 Larch Street, Inglewood, CA 90301
Property at 701 Walnut Street,

238 West Manchester Boulevard

  • 1 Unit for Sale
238 West Manchester Boulevard, Inglewood, CA 90301
Property at 701 Walnut Street,

919 East La Palma Drive

  • 1 Unit for Sale
919 East La Palma Drive, Inglewood, CA 90301
Property at 701 Walnut Street,

128 South Market Street

  • 1 Unit for Sale
128 South Market Street, Inglewood, CA 90301
Property at 701 Walnut Street,

524 St John Place

  • 1 Unit for Sale
524 St John Place, Inglewood, CA 90301
Property at 701 Walnut Street,

719 North Eucalyptus Avenue

  • 1 Unit for Sale
719 North Eucalyptus Avenue, Inglewood, CA 90302
Property at 701 Walnut Street,

10329 Irwin Avenue

  • 1 Unit for Sale
10329 Irwin Avenue, Inglewood, CA 90304

Nearby Rentals

Unit for rent at 7113 S La Cienega Blvd, Los Angeles, CA, 90045

$4,100 /mo

  • 3 Beds
  • 3 Baths
  • 1,750 ft²
7113 S La Cienega Blvd #3, Los Angeles, CA, 90045 Listing by Trey Alligood
Unit for rent at 5211 Pacific Concourse Dr, Los Angeles, CA, 90045

$3,975 /mo

  • 2 Beds
  • 2 Baths
  • 1,226 ft²
5211 Pacific Concourse Dr #2AL, Los Angeles, CA, 90045 Listing by Equity Residential
Unit for rent at 3400 W 85th Street, Inglewood, CA, 90305

$4,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,723 ft²
3400 W 85th Street, Inglewood, CA, 90305 Listing by Karen Lopez

Frequently Asked Questions

What neighborhood is 701 Walnut Street located in?
The 701 Walnut Street is a located in the neighborhood of Inglewood in Inglewood, Inglewood.
What is the average sales price for listings in 701 Walnut Street?
The average sales price for units in 701 Walnut Street is $0 currently.

Quantcast