Watts (WATT) Homes with Triplex Subtype

Watts (WATT) Homes with Triplex Subtype

Welcome to Watts, a vibrant community nestled in the heart of Los Angeles County, California. Known for its rich cultural heritage and strong sense of community, Watts offers a unique blend of urban living and suburban charm. With its convenient access to major highways and public transportation, residents enjoy seamless connectivity to the bustling city of Los Angeles while relishing the warmth of a close-knit neighborhood.

One of the standout features of Watts is its diverse housing options, particularly the availability of triplex homes. These multi-family residences are perfect for those looking to invest in a property that offers both flexibility and potential for income generation. Triplex homes in Watts provide the opportunity to live in one unit while renting out the others, making them an attractive option for first-time homebuyers or seasoned investors alike.

The triplex homes in Watts are characterized by their spacious layouts, often featuring three separate living units, each with its own kitchen and bathroom. This design not only maximizes space but also fosters a sense of community among residents. Many of these properties are situated on tree-lined streets, surrounded by parks, schools, and local amenities that enhance the quality of life for families and individuals alike.

Moreover, Watts is undergoing a revitalization, with new developments and community initiatives aimed at enhancing the neighborhood's appeal. This makes it an exciting time to consider investing in triplex homes in Watts, where you can be part of a thriving community while enjoying the benefits of Los Angeles living. Whether you're looking to settle down or expand your investment portfolio, Watts offers a promising opportunity that combines charm, convenience, and community spirit.

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.