Watts (WATT) Homes with Triplex Subtype

Watts (WATT) Homes with Triplex Subtype

Welcome to Watts, a vibrant neighborhood nestled in the heart of Los Angeles County, California. Known for its rich cultural heritage and strong sense of community, Watts is a place where history meets opportunity. The area has undergone significant revitalization in recent years, making it an exciting destination for homebuyers seeking both character and potential.

Watts is famous for its iconic landmarks, including the Watts Towers, a stunning assemblage of steel and mosaic that showcases the artistic spirit of the community. Residents enjoy easy access to parks, schools, and local businesses, fostering a neighborhood atmosphere that is both welcoming and engaging. The area is well-connected to downtown Los Angeles and surrounding neighborhoods, making it an ideal location for those who appreciate urban living with a touch of suburban charm.

For those interested in investment opportunities, Watts offers an array of homes with triplex subtypes. These properties provide the perfect blend of residential comfort and income potential. Triplex homes are ideal for multi-generational living or as a source of rental income, making them a smart choice for savvy investors. With the growing demand for housing in Los Angeles, owning a triplex in Watts can be a lucrative endeavor.

Explore the diverse real estate options in Watts and discover a community that celebrates its past while looking forward to a bright future. Whether you’re a first-time homebuyer or an experienced investor, Watts is a neighborhood that promises both charm and opportunity. Come and be a part of this dynamic community today!

Newest Watts (WATT) Homes with Triplex Subtype

$950,000
SB26073220 MLS Active Status
Amazing Owner-User or Investment Opportunity awaits at 2104 E 113th St, an income-producing 3-unit property situated on a massive 10,295 SF lot in a rapidly appreciating Los Angeles submarket. One of the 2-bedroom/1-bathroom units will be delivered entirely vacant! Live in One unit and cash-flow via the two rented units! The true crown jewel of this offering, however, is the fully approved, Ready-To-Issue (RTI) plans (See Attached). The site is shovel-ready to construct a brand new 1,019 SF detached 3-bedroom/2-bathroom ADU, alongside a 538 SF expansion to an existing 2-bedroom unit to increase to 1,204sqft! This allows an investor to effortlessly transform the asset into a high-yielding, 4-unit compound without the typical delays of the city entitlement process. Perfect owner-user or Investment Opportunity with immediate upside for market-rate leasing. Unmatched Value-Add Potential. This property offers the ultimate blank canvas for investors or owner-users to immediately drive cash flow and force appreciation. Listed at just $372.40/SF, the subject property offers a significant discount against the market average of $475.62/SF. Strategically located It sits just minutes from the monumental developments transforming Inglewood and the South Bay, including the $5 billion SoFi Stadium, the cutting-edge $2 billion Intuit Dome, and the sprawling 300-acre Hollywood Park entertainment district. With the 2028 Summer Olympics on the horizon and billions flowing into LAX infrastructure, this centralized hub is a magnet for highly qualified tenants and explosive economic growth.

2106 E 113th, Los Angeles

Start Your Search

Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.