Watts (WATT) Homes with 2-5 Units/Acre Lot Location

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 historic area has seen significant revitalization in recent years, making it a dynamic place to call home.

Watts is characterized by its diverse population and strong sense of community. The neighborhood is renowned for its iconic landmarks, including the Watts Towers, a stunning collection of 17 interconnected sculptural towers that reflect the artistic soul of the area. Residents enjoy access to various parks, recreational facilities, and community events that foster connection and engagement among neighbors.

When it comes to real estate, Watts offers an array of housing options, particularly homes situated on 2-5 unit per acre lots. This configuration allows for a balance of space and community, giving homeowners the opportunity to enjoy both privacy and connection. Whether you're looking for a cozy bungalow or a multi-family dwelling, the properties in Watts are designed to accommodate diverse lifestyles.

The neighborhood’s proximity to major freeways and public transportation means that commuting to downtown Los Angeles or other parts of the city is a breeze. With ongoing development and community initiatives, Watts is not just a place to live; it's a place to thrive. Embrace the opportunity to become part of this evolving neighborhood and find your dream home in Watts today!

Newest Watts (WATT) Homes with 2-5 Units/Acre Lot Location

$2,700,000

PW26126756 MLS

Modern quadplex built in 2021, featuring air conditioning and contemporary finishes throughout. Located in a high-demand rental market near USC, Exposition Park, and Downtown Los Angeles, this well-maintained income property offers strong rental appeal and excellent long-term investment potential with convenient access to major freeways and public transportation.

1869 W 24th Street, Los Angeles

$2,800,000

PW26126733 MLS

The property is a modern quadplex featuring air conditioning and contemporary finishes throughout. Well positioned in a strong rental market, it offers excellent income-producing potential for investors. Conveniently located near the University of Southern California, Exposition Park, Downtown Los Angeles, and provides easy access to major freeways.

715 W 47th Street, Los Angeles

$1,190,000

PW26054699 MLS

Newer Duplex with detached 3 car garage. Each unit has 5 bed and 4 bath. Great rental units close to FWY and shopping centers.

1645 E 117th, Los Angeles

$795,000

IG26035602 MLS

Exceptional four-unit investment opportunity in Los Angeles offering immediate income, vacancy flexibility, and strong rental upside. The property features an attractive unit mix of two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, ideal for maximizing rental demand and long-term appreciation. Two units will be delivered vacant, including unit 9538, a fully renovated 2-bedroom, 1-bath unit with dedicated parking, move-in ready for an owner-user or immediate market-rate lease. Unit 9542 the second 2-bedroom unit, in solid condition, will also be vacant at close of escrow, providing additional lease-up flexibility and strong income upside. Unit 9542 1/2 is a 1-bedroom, 1-bath unit has been fully renovated and is currently leased at market rent, offering stabilized income. Unit 9540, the remaining 1-bedroom unit is occupied by a long-term legacy tenant of over 10 years at below-market rent, presenting clear future rental growth potential. This asset presents multiple investment strategies: • Owner-occupy and offset mortgage with rental income • Lease-up vacant units at market rates for strong cash flow • Renovate and reposition remaining units to maximize returns • Long-term hold with rent growth and appreciation With renovated interiors, a desirable bedroom mix, parking, and two vacant units at closing, this is a rare opportunity to acquire a flexible, income-producing property with both immediate revenue and value-add upside in a strong Los Angeles rental market. Excellent opportunity for investors, 1031 exchange buyers, or house hackers seeking both cash flow and long-term equity growth.

9538 Compton, Los Angeles

$795,000

6 Beds ⋅ 4 Baths ⋅ IG26031559 MLS

Exceptional opportunity to own a versatile four-unit property in Los Angeles, ideal for owner-occupants, multi-generational living, or buyers looking to offset their mortgage with rental income. This well-positioned property features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, offering flexibility and strong income potential. Unit 9538 is fully renovated and vacant, featuring 2 bedrooms, 1 bath, modern finishes, and a dedicated parking space, move-in ready for an owner-occupant or immediate market-rate rental. Unit 9542, the second 2-bedroom, 1-bath unit is in solid condition and will also be delivered vacant, creating additional flexibility for extended family or rental income. Unit 9542 1/2 is a 1-bedroom, 1-bath unit that has been fully renovated and is currently occupied at market rent, providing immediate income stability. Unit 9540, the remaining 1-bedroom, 1-bath unit is occupied by a long-term legacy tenant of over 10 years, offering consistent income with future upside potential. Whether you’re looking to live in one unit while generating rental income from the others, create a multi-generational living arrangement, or build long-term wealth through real estate, this property offers the perfect balance of lifestyle and investment. With renovated units, vacancy flexibility, and strong rental potential, this is a rare opportunity to secure both a home and an income-producing asset in Los Angeles. Don’t miss this versatile and value-driven property.

9538 Compton, Los Angeles

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Based on information from CRISNet MLS as of All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.