10616 Wilmington, Los Angeles, California 90002, Los Angeles, 90002 - 3 bed, 2 bath
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10616 Wilmington
Los Angeles, California 90002
ACTIVE
CONDITION: POOR
3Beds
2Baths
1,558Sq Ft
6,501Lot Size
Property Price
LIST PRICE$620,000
EST. MARKET VALUE
$628,653
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $620,000—positioned well below the $628,654 Fair Market Value by 1%. This valuation gap offers $8,654 in Instant Equity. With a Condition Rating of 5, the home requires a full rehab, but the 6,501 sqft lot and rear alley access provide prime potential for an ADU. This is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking to maximize value through strategic development.
Estimated Market Value
$628,653
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10616 Wilmington Subject 3 bd · 2 ba · 1,558 sqft · $404 | $620,000* List Price | 3 | 2 | 1,558 | $404 | - |
A 1110 E 107th Street Sold 3 bd · 2 ba · 1,467 sqft · $470 · 1.0 mi | $690,000 | 3 | 2 | 1,467 | $470 | 1.0 mi |
B 2255 E 105th Sold 2 bd · 2 ba · 1,419 sqft · $458 · 0.4 mi | $650,000 | 2 | 2 | 1,419 | $458 | 0.4 mi |
C 10441 W Zamora Sold 3 bd · 1 ba · 1,468 sqft · $439 · 0.8 mi | $645,000 | 3 | 1 | 1,468 | $439 | 0.8 mi |
D 10414 Juniper Active 2 bd · 2 ba · 1,343 sqft · $391 · 0.4 mi | $525,000 List Price | 2 | 2 | 1,343 | $391 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1984 (40 years old) with no evidence of recent major renovations. The interior features dated tile countertops, mismatched cabinetry, and popcorn ceilings. The listing description explicitly invites 'ideas' and 'possibilities,' suggesting the home requires a full rehab to be modernized.
PROSSTRENGTHS & OPPORTUNITIES
- ADU & Development Potential
The property features two connected lots and rear alley access, providing a prime opportunity for an Accessory Dwelling Unit (ADU) or significant expansion without compromising the main home's privacy.
- Generous Lot Size
With a 6,501 square foot lot, this property offers substantial outdoor space for gardening, entertaining, or future structural additions, which is a premium in the Los Angeles market.
- Strategic Regional Access
Located in the Watts neighborhood, the home offers excellent proximity to major employment and entertainment hubs including Downtown Los Angeles, SoFi Stadium, and Hollywood Park.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6501, other record lot size in square feet = 3250.
- Potential Renovation Needs
The listing description emphasizes 'possibilities' and 'new ideas,' suggesting that the 1984-built home may require cosmetic or structural updates to meet modern buyer expectations.
- Lack of Scenic Views
The property is noted as having no views, which may limit its competitive edge compared to other residential properties in the broader Los Angeles area that offer city or hillside vistas.
About 10616 Wilmington
Two connected lots and a home in between give this Los Angeles property room for new ideas. The 3-bedroom, 2-bath home offers about 1,558 square feet of living space, front access, rear alley access, and outdoor space to enjoy. Use the space for a garden, outdoor gatherings, or future plans to add more living space. The rear alley may offer a separate way into a future ADU or other addition. Imagine the possibilities and make the home your own. Located in the Watts neighborhood, this home offers access to Downtown Los Angeles, SoFi Stadium, Hollywood Park, and Southern California beaches. Bring your ideas and see what this property could become!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1984
- Lot Size
- 6,501 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,558 | 1,670.836 |
| Lot Size | 6,501 | 6,152.156 |
| Price | $620.0K | $1.34M |
| Price per sq ft | $398 | $807 |
| Built year | 1984 | 1941 |
| HOA | $0 | $238 |
| Days on market | 28 | 56 |
Pricing History
Listed for Sale
Oct 12, 2026
$620,000
Initial Listing