10963 Wilmington Avenue, Los Angeles, California 90059, Los Angeles, 90059 - bed, bath
ACTIVE$770,000
10963 Wilmington Avenue, Los Angeles, California 90059
0Bed
0Bath
3,776Sqft
6,502Lot
Year Built
1962
Close
-
List price
$770K
Original List price
$798K
Price/Sqft
$204
HOA
-
Days on market
-
Sold On
-
MLS number
DW25233213
Home ConditionPoor
Features
Patio
View-
About this home
We found 3 Cons,6 Pros. Rank: price - $770.0K(58th), sqft - 3776(67th), beds - undefined(50th), baths - undefined(50th).
BIG PRICE REDUCTION!!!Great investment property in LA, priced RIGHT!!! 4 large units building, and bonus unit with a 3 bedrooms and 1 bath connects with Unit #1 making it a 5 bedrooms with 2 baths its location is first level to the right, a wall was removed connecting the 2 units in the 1, Unit #2; 2 bedrooms 1 bath, Unit #3; 2 bedrooms 1 bath and Unit#4; 2 bedrooms 1 bath. Each unit has a 1 parking space on the rear of the building, property located close to freeways, school, and shopping center.
Nearby schools
3/10
Grape Street Elementary School
Public,•K-5•0.1mi
2/10
Lovelia P. Flournoy Elementary School
Public,•K-5•0.3mi
3/10
Compton Avenue Elementary School
Public,•K-5•0.6mi
5/10
Ritter Elementary School
Public,•K-5•0.7mi
2/10
Weigand Avenue Elementary School
Public,•K-5•0.7mi
3/10
One Hundred Twelfth Street Elementary School
Public,•K-5•0.8mi
3/10
Ninety-Sixth Street Elementary School
Public,•K-6•1.1mi
5/10
Martin Luther King Elementary School
Public,•PK-6•1.1mi
4/10
Ninety-Second Street Elementary School
Public,•K-6•1.2mi
2/10
One Hundred Ninth Street Elementary School
Public,•K-5•1.2mi
5/10
Ninety-Ninth Street Elementary School
Public,•K-6•1.3mi
6/10
Montara Avenue Elementary School
Public,•K-6•1.3mi
5/10
Lincoln Elementary School
Public,•K-5•1.3mi
4/10
One Hundred Sixteenth Street Elementary School
Public,•K-5•1.4mi
4/10
Judith F. Baca Arts Academy
Public,•K-6•1.5mi
4/10
Stanford Avenue Elementary School
Public,•K-5•1.5mi
7/10
Willow Elementary
Public,•K-5•1.7mi
5/10
Lindbergh Elementary School
Public,•K-6•1.9mi
4/10
Griffin Avenue Elementary School
Public,•K-5•9.3mi
3/10
Edwin Markham Middle School
Public,•6-8•0.5mi
2/10
Lincoln Elementary School
Public,•K-7•0.7mi
3/10
Carver Elementary School
Public,•PK-8•1.0mi
2/10
Southeast Middle School
Public,•6-8•1.1mi
2/10
Bunche Middle School
Public,•6-8•1.2mi
5/10
Willowbrook Middle School
Public,•6-8•1.4mi
1/10
Charles Drew Middle School
Public,•6-8•1.8mi
2/10
Cesar Chavez Middle School
Public,•6-8•2.1mi
2/10
Samuel Gompers Middle School
Public,•6-8•2.2mi
3/10
Lynwood Middle School
Public,•7-8•2.4mi
2/10
David Starr Jordan Senior High School
Public,•9-12•0.7mi
6/10
South East High School
Public,•9-12•1.2mi
9/10
Compton Early College High
Public,•9-12•1.4mi
3/10
Centennial High School
Public,•9-12•1.6mi
4/10
Lynwood High School
Public,•9-12•2.7mi
3/10
John C. Fremont Senior High School
Public,•9-12•2.9mi
4/10
Marco Antonio Firebaugh High School
Public,•9-12•3.4mi
6/10
International Studies Learning Center At Legacy High School Complex
Public,•6-12•3.5mi
Price History
Date
Event
Price
11/25/25
Price Change
$770,000-0.6%
10/15/25
Price Change
$775,000-2.5%
10/11/25
Price Change
$795,000-0.4%
10/06/25
Listing
$798,000
03/13/09
Sold
$273,000
05/31/06
Sold
$655,000
11/08/99
Sold
$310,000
05/24/99
Sold
$150,000
Condition Rating
Poor
The property was built in 1962, making it 62 years old, with no indication of major renovations in the MLS description or visible in the exterior images. The exterior shows significant signs of age and neglect, including faded paint, security bars on windows, and severely cracked pavement. There are no interior photos of kitchens or bathrooms, which, given the property's age, are highly likely to be original or last updated decades ago, requiring substantial modernization. The property analysis explicitly notes the 'Age of Property' as a weakness, indicating 'potential for deferred maintenance, outdated systems, and higher capital expenditure requirements for renovations.' While functioning as an income property, it requires substantial repairs and rehabilitation to meet current standards of comfort and safety.
Pros & Cons
Pros
Great Schools: High School: Compton Early College High (9/10).
Strong Investment Potential: Explicitly marketed as a 'Great investment property' and classified as 'Residential Income' (Quadruplex), offering significant rental income opportunities.
Multiple Income-Generating Units: Features 4 distinct units plus a 'bonus unit' connected to Unit #1, providing a total of 5 potential rental spaces, maximizing income.
Significant Price Reduction: The property has undergone multiple price reductions from $798,000 to $770,000, indicating a motivated seller and potentially a competitive entry price for investors.
Convenient Location: Situated close to freeways, schools, and shopping centers, enhancing tenant appeal due to accessibility and amenities.
Dedicated Parking: Each unit is allocated one parking space, a valuable amenity in a dense urban environment like Los Angeles.
Cons
Age of Property: Built in 1962, the property is over 60 years old, suggesting potential for deferred maintenance, outdated systems, and higher capital expenditure requirements for renovations.
Non-Standard Unit Configuration: The description of a 'bonus unit' connected to Unit #1, forming a 5-bedroom, 2-bath unit, raises questions about permitting, legality, and potential challenges with financing or future resale.
Mixed School Ratings: While schools are nearby, several have low ratings (e.g., 1, 2, 3), which could be a drawback for prospective tenants or buyers with school-aged children.