Watts (WATT) Homes with Triplex Subtype

Watts (WATT) Homes with Triplex Subtype

Welcome to Watts, a vibrant and historically rich neighborhood nestled in the heart of Los Angeles, California. Known for its strong community spirit and cultural diversity, Watts offers a unique blend of urban living and suburban charm. With its rich history, including the iconic Watts Towers and a thriving arts scene, this area is a hidden gem waiting to be discovered.

Watts is well-connected to the rest of Los Angeles, making it a convenient location for commuters and families alike. Residents enjoy access to a variety of parks, schools, and local businesses, fostering a sense of community and belonging. The neighborhood is undergoing revitalization, with new developments enhancing its appeal while preserving its rich heritage.

For those looking to invest in real estate, Watts presents a fantastic opportunity with its triplex homes. These versatile properties are perfect for multi-generational living or investment purposes, offering three distinct living units under one roof. Triplex homes in Watts provide the perfect balance of space and privacy, allowing homeowners to enjoy the benefits of rental income while residing in a vibrant community. With the rising demand for affordable housing in Los Angeles, triplexes are an excellent choice for savvy investors looking to capitalize on the growing rental market.

Whether you’re seeking a family home or an investment property, Watts is an area that promises growth, community, and a rich tapestry of culture. Explore the potential of triplex living in Watts, where your real estate dreams can become a reality!

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.