
Los Angeles, California 90059
Analysis of 10814 Watts Avenue, Los Angeles, California 90059 is currently available with a list price of $600,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1927, this 504-square-foot structure is nearly a century old and is being marketed primarily as a multi-family development opportunity due to its R3 zoning. The listing emphasizes the land's potential for building an ADU or a multi-family complex rather than the utility of the existing dwelling. Given the age, lack of interior updates, and the focus on redevelopment, the property's value is based on the land and its zoning potential.
High School: Compton Early College High (9/10).
The R3 zoning designation provides a premier opportunity for investors to develop a multi-family complex, maximizing the density and income potential of the site.
The sale includes two adjacent parcels totaling 6,541 square feet, offering a significantly larger footprint and more flexible design options than a standard single lot.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6541, other record lot size in square feet = 3422.
The current 504-square-foot structure is extremely small and dates back to 1927, likely requiring substantial renovation or demolition to meet modern standards.
At $600,000 for a 1-bedroom home, the price reflects the land's development potential rather than the current structure's value, which may complicate traditional residential financing.
R3 ZONING. 2 Parcels adjacent to each other being sold together. 2501 E 109th Street, Los Angeles, included with the sale. 6541 Square feet of lot size total with both parcels combined. **Multi Family Development Opportunity.** Come view this opportunity to own this property which features a 1 bedroom dwelling on a spacious lot which provides the opportunity to build an ADU, another house, or a Multi Family development. Opportunity awaits!
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 2% |
| Baths | 1.0 | 2.0 | 42% |
| Square foot | 504 | 1,066 | 2% |
| Lot Size | 6,541 | 5,144.5 | 82% |
| Price | $600.0K | $620.8K | 40% |
| Price per sq ft | $1.2K | $549 | 98% |
| Built year | 1927 | 1945 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 164 | 2% |
Apr 3, 2026
$600,000
Initial Listing