10974 Willowbrook Ave Los Angeles, CA 90059
Watts NeighborhoodEstimated payment $5,178/month
About This Home
Generating approximately $78,000 of yearly revenue, this income-producing duplex sits on an expansive 8,500 sqft. flat lot, offering the potential to add 2 or more additional residential units or ADUs, creating multiple avenues to expand rental income while maximizing the property’s highest and best use. Investment opportunities that combine immediate cash flow with this level of future development potential on a flat lot are becoming increasingly difficult to find presenting a rare opportunity to increase both cash flow and long-term value.
Listing Agent
Coldwell Banker Realty Brokerage Phone: 714-392-3525 License #02098128
Property Details
Home Type
- Condominium
Year Built
- Built in 1998
Lot Details
- No Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Entry on the 1st floor
Interior Spaces
- 2,496 Sq Ft Home
- 2-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Parking
- 3 Open Parking Spaces
- 6 Parking Spaces
- 3 Carport Spaces
Listing and Financial Details
- Legal Lot and Block 25 / B
- Assessor Parcel Number 6069007029
- $692 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Gardener Expense $1,320
- Insurance Expense $1,077
- Water Sewer Expense $4,200
- Operating Expense $6,597
- Gross Income $70,743
- Net Operating Income $70,743
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,461 | $324,403 | $144,820 | $179,583 |
| 2024 | $4,390 | $318,043 | $141,981 | $176,062 |
| 2023 | $4,311 | $311,808 | $139,198 | $172,610 |
| 2022 | $4,126 | $305,695 | $136,469 | $169,226 |
| 2021 | $4,062 | $299,702 | $133,794 | $165,908 |
| 2019 | $3,945 | $290,815 | $129,827 | $160,988 |
| 2018 | $3,857 | $285,114 | $127,282 | $157,832 |
| 2016 | $3,660 | $274,045 | $122,341 | $151,704 |
| 2015 | $3,606 | $269,930 | $120,504 | $149,426 |
| 2014 | $3,622 | $264,643 | $118,144 | $146,499 |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Grant Deed | $189,000 | -- | |
| Trustee Deed | $151,000 | United Title Company | |
| Grant Deed | $220,000 | Orange Coast Title | |
| Corporate Deed | $2,000 | Investors Title Company |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $151,200 | No Value Available | |
| Previous Owner | $187,000 | Balloon | |
| Previous Owner | $90,000 | No Value Available | |
| Closed | $22,000 | No Value Available | |
| Closed | $18,900 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW26145862
APN: 6069-007-029
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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