Watts (WATT) Homes with Triplex Subtype

Watts (WATT) Homes with Triplex Subtype

Welcome to Watts, a vibrant community nestled within the heart of Los Angeles County, California. Known for its rich cultural history and a strong sense of community, Watts offers a unique blend of urban living and suburban charm. This historic neighborhood has seen a resurgence in recent years, attracting families and investors alike who are drawn to its affordability and potential for growth.

One of the standout housing options in Watts is the triplex. These multi-family homes provide a fantastic opportunity for both homeowners and investors. With three separate living units, triplexes are ideal for those looking to generate rental income while enjoying the benefits of homeownership. Imagine living in one unit while renting out the others, creating a steady stream of revenue that can significantly offset living expenses.

The homes in Watts are characterized by their diverse architectural styles, ranging from classic bungalows to modern constructions, ensuring there's something for everyone. The community is well-connected, with easy access to public transportation and major freeways, making commuting a breeze. Residents enjoy proximity to local parks, schools, and a variety of shopping and dining options, enhancing the overall quality of life.

In Watts, you’ll find a welcoming atmosphere filled with community events and a rich tapestry of cultural influences. Whether you're looking to invest or settle down, Watts and its triplex homes offer an exciting opportunity to be a part of a dynamic neighborhood that is on the rise. Embrace the charm of Watts and discover your perfect home 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

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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.