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Discover an exceptional investment opportunity in Watts, Los Angeles. This property features a spacious six-bedroom, four-bathroom main home, currently utilized as a non-conforming duplex, alongside a newly constructed, legally permitted Accessory Dwelling Unit (ADU) providing flexible rental options. The property is in good condition, with minimal deferred maintenance required. The main home offers significant rental income potential, while the ADU is delivered vacant and in pristine condition, ready for immediate occupancy. Situated near the 105 and 110 freeways, with convenient access to local amenities, including the Watts Towers Arts Center, Ted Watkins Memorial Park, and various shopping and dining options. The property is approximately 15 minutes from Los Angeles International Airport (LAX). This property is ideal for investors seeking a high cash-flow asset with the potential for value appreciation. Current rents are below market value, presenting an immediate opportunity to increase cash flow. Additionally, it offers possibilities for owner-occupiers looking to reside in one unit while generating rental income from the others.
Property Type(s):
Single Family
| Last Updated | 2/12/2025 | Year Built | 2006 |
|---|---|---|---|
| Community | Metropolitan South | County | Los Angeles |
SCHOOLS
| School District | Los Angeles Unified |
|---|
Additional Details
| AIR | None |
|---|---|
| AREA | Metropolitan South |
| HEAT | Wall Furnace |
| HOA DUES | 0 |
| LOT | 3251 sq ft |
| LOT DESCRIPTION | Yard |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Contemporary |
| VIEW DESCRIPTION | None |
| WATER | Public |
| ZONING | LAR1 |
Location
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Listed with Redfin Corporation
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
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