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 community spirit, Watts offers a unique blend of urban living and historical significance. With its roots deeply embedded in the civil rights movement, this area is a testament to resilience and community activism, making it a fascinating place to call home.

When it comes to real estate, Watts is an emerging hotspot, particularly for those interested in triplex homes. These properties are becoming increasingly popular due to their versatility and investment potential. A triplex, which consists of three separate living units, provides homeowners with the opportunity to live in one unit while renting out the others, offering a steady stream of income. This is especially appealing in a city like Los Angeles, where rental demand remains high.

Homes in Watts with a triplex subtype not only provide financial benefits but also foster a sense of community. Imagine sharing a property with friends or family, creating a close-knit environment while enjoying the privacy of your own space. The neighborhood is well-connected, with easy access to public transportation, parks, and local amenities, making it convenient for residents.

Whether you’re an investor looking to expand your portfolio or a first-time homebuyer seeking a unique living situation, Watts offers a diverse range of triplex homes that cater to various lifestyles. Embrace the charm of this historic neighborhood and discover the possibilities that await you in Watts, where community meets opportunity!

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.