Property 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.
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“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$10,632
TurboHome Estimated Value
$703,900
$265 sqft
High Valuation
$739,095
$278/sqft
Normal Valuation
$703,900
$265/sqft
Low Valuation
$668,705
$251/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $265/sqft | $703,900 |
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood: Watts
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Comparative Value
$673K
$699K
$920K
10604 Hickory St, Los Angeles, CA 90002
Sale Price: $672,500
Selected Comparable
10352 Anzac Ave, Los Angeles, CA 90002
List Price: $699,000
Subject Property
2346 E 118th St, Los Angeles, CA 90059
Sale Price: $920,000
Selected Comparable
Neighborhood Comps
Subject Property
SUBJECT10352 Anzac Ave, Los Angeles, CA 90002
List: $699,000
Listed: 5/12/2025
Area:2,660 sqft
Price/sqft:$263
Beds:7
Baths:5
Year Built:—
Lot Size:3,251
Comparable Properties
COMPARABLEChoose comps
2346 E 118th St, Los Angeles, CA 90059
Sale: $920,000
6/18/2025 • 1.19 mi
Area:2,481 sqft
Price/sqft:$371
Beds:7
Baths:5
Year Built:—
Weight:61.1%
10604 Hickory St, Los Angeles, CA 90002
Sale: $672,500
10/24/2024 • 0.18 mi
Area:2,280 sqft
Price/sqft:$295
Beds:6
Baths:4
Year Built:—
Weight:38.9%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
10352 Anzac Ave, Los Angeles, CA 90002 | $699,000 | 2,660 | $263 | 3,251 | — | 5/12/2025 | 7 | 5 | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
2346 E 118th St, Los Angeles, CA 90059 | $920,000 | 2,481 | $371 | 17,870 | 1.19 mi | 6/18/2025 | 7 | 5 | — | 61.1% | |
10604 Hickory St, Los Angeles, CA 90002 | $672,500 | 2,280 | $295 | 3,249 | 0.18 mi | 10/24/2024 | 6 | 4 | — | 38.9% |
Nearby Listings
10 similar properties within 5 miles

List Price: $820,000
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TurboHome Est. Value:
$759,900

List Price: $715,300
10526 Gorman Ave, Los Angeles, CA 90002
7 bd 6 ba 3,066 sqft
TurboHome Est. Value:
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List Price: $775,000
7672 Whitsett Ave, Los Angeles, CA 90001
6 bd 4 ba 1,520 sqft
TurboHome Est. Value:
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