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, California. Known for its rich cultural heritage and resilient community spirit, Watts offers a unique blend of urban living and suburban charm. This area is not just a place to live; it's a community where history and progress intertwine, making it an exciting destination for homebuyers looking for something special.

One of the standout features of Watts is its diverse housing options, particularly the triplex homes that grace the streets. Triplex properties are an excellent investment opportunity, providing homeowners with the chance to live in one unit while renting out the others. This can significantly offset living expenses and create a steady stream of income. With spacious layouts and the potential for customization, triplex homes in Watts are perfect for families, investors, or anyone looking to embrace a multifamily lifestyle.

The neighborhood itself is rich in amenities, with parks, schools, and local shops just a stone’s throw away. The Watts Towers, an iconic symbol of the area, serve as a testament to the community's artistic spirit and resilience. Residents enjoy easy access to public transportation, making commutes to downtown Los Angeles a breeze.

In Watts, you’ll find more than just a place to call home; you’ll discover a thriving community filled with opportunities and a welcoming atmosphere. Whether you’re seeking a triplex for investment or a family home, Watts offers a unique blend of affordability and potential, making it a hidden gem in the Los Angeles real estate market. Come explore what Watts has to offer and find your perfect home today!

Newest Watts (WATT) Homes with Triplex Subtype

2106 E 113th, Los Angeles
$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.

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