Los Angeles, CA90002
7 Bedrooms | 5 baths | 2660 sqft | MLS# SB25105855
Tract:
For Sale $699,000
Description
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.
Facts
Single Family Residence | Built in 2006 | Lot Size: 3251.00 sqft | HOA Dues: $0/month
Features
Listing provided by Venus Martinez, Redfin Corporation
Based on information from California Regional Multiple Listing Service, Inc. as of May 19, 2025. 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.
