10818 Willowbrook, Los Angeles, California 90059, Los Angeles, 90059 - bed, bath
ACTIVE$399,000
10818 Willowbrook, Los Angeles, California 90059
0Bed
0Bath
2,700Sqft
4,200Lot
Year Built
2026
Close
-
List price
$399K
Original List price
$399K
Price/Sqft
$148
HOA
-
Days on market
-
Sold On
-
MLS number
DW25229542
Home ConditionExcellent
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $399.0K(17th), sqft - 2700(58th), beds - undefined(50th), baths - undefined(50th).
Vacant lot with RTI ready to build 4/3 , 3/2 arv 1.1 million agent is owner call for details 562 824 9003
Price History
Date
Event
Price
10/01/25
Listing
$399,000
Condition Rating
Excellent
This listing is for a vacant lot with Ready To Issue (RTI) permits to build a new duplex, with a projected completion year of 2026. As such, there is no existing structure to evaluate for current condition, kitchen, or bathroom features. However, once constructed, the property will be brand new, meeting the highest standards of quality and modern features, aligning with the 'Excellent' criteria for a newly built property.
Pros & Cons
Pros
RTI Permits Ready: The property comes with Ready To Issue (RTI) permits for a duplex, significantly reducing development time, cost, and uncertainty associated with the permitting process.
High Projected After Repair Value (ARV): With a projected ARV of $1.1 million, the property offers substantial profit potential for investors or developers, especially given the current list price.
Income-Generating Duplex Project: Approved plans for a 4-bedroom/3-bathroom and a 3-bedroom/2-bathroom duplex maximize the income potential of the lot, catering to strong rental demand.
Los Angeles Market Location: Situated in Los Angeles, the property benefits from a robust real estate market, high rental demand, and potential for long-term appreciation.
Vacant Lot with Clear Vision: As a vacant lot, it offers a clean slate for construction without demolition costs, and the detailed RTI plans provide a clear vision for the future development.
Cons
Significant Construction Investment Required: Despite RTI permits, the buyer will need to secure substantial financing and manage the entire construction process, representing a significant capital outlay and project management effort.
No Immediate Income Generation: As a vacant lot, the property does not generate immediate rental income, meaning holding costs (taxes, insurance) will accrue during the construction phase without offsetting revenue.
Neighborhood Specifics (Watts): While in Los Angeles, the specific Watts area may present unique market dynamics, requiring thorough due diligence regarding rental rates, tenant profiles, and potential resale value compared to other LA sub-markets.