Watts (WATT) Homes with Assigned Parking features

Watts (WATT) Homes with Assigned Parking features

Welcome to Watts, a vibrant neighborhood nestled in the heart of Los Angeles County, California. Known for its rich cultural history and strong sense of community, Watts offers a unique blend of urban living and suburban charm. This area is characterized by its diverse population, artistic expression, and a variety of local events that bring residents together. From the iconic Watts Towers to the bustling streets filled with local eateries and shops, there’s always something happening in this dynamic part of Los Angeles.

Watts is not just a place to live; it’s a community that thrives on connection and creativity. The region boasts a range of amenities, including parks, schools, and recreational facilities, making it an ideal location for families and individuals alike. Its proximity to downtown Los Angeles means that you can enjoy the excitement of the city while returning to the comfort of your neighborhood.

One of the standout features of homes in Watts is the availability of assigned parking. In a city where parking can often be a challenge, having designated parking spaces provides peace of mind and convenience. Whether you’re commuting to work or heading out for a weekend adventure, you’ll appreciate the ease that comes with having your own designated spot.

Explore the charm of Watts, where community spirit meets modern living. Discover homes that not only offer comfort and style but also the convenience of assigned parking, making your life just a little bit easier in this bustling Los Angeles neighborhood. Come and experience the warmth of Watts – your new home awaits!

Newest Watts (WATT) Homes with Assigned Parking features

$795,000
IG26035602 MLS Active Status
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 Active Status
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 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.