Watts (WATT) Homes with Rectangular Lot Lot Location

Watts (WATT) Homes with Rectangular Lot Lot Location

Welcome to Watts, a vibrant neighborhood nestled in the heart of Los Angeles County, California. Known for its rich cultural history and community spirit, Watts offers a unique blend of urban energy and suburban charm. The area is renowned for its resilience and artistic expression, highlighted by the iconic Watts Towers, a stunning landmark that showcases the creativity of its residents.

Watts is not just a place to live; it's a community that thrives on connection and collaboration. With easy access to major highways and public transportation, residents can enjoy the best of Los Angeles, from its bustling downtown to the serene beaches of the Pacific coast. The neighborhood is also home to several parks, schools, and local businesses, making it an ideal location for families and individuals alike.

One of the standout features of homes in Watts is the availability of rectangular lot properties. These spacious lots provide homeowners with ample outdoor space, perfect for gardening, entertaining, or simply enjoying the California sunshine. The rectangular lots often allow for creative landscaping and potential expansions, catering to a variety of lifestyles and preferences.

Whether you're looking for your first home, an investment opportunity, or a place to settle down, Watts offers an array of options that combine comfort with community. With its rich history, diverse culture, and welcoming atmosphere, Watts is more than just a neighborhood; it’s a place where you can truly feel at home. Explore the possibilities that await in this dynamic part of Los Angeles!

Newest Watts (WATT) Homes with Rectangular Lot Lot Location

$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.