11008 Willowbrook Avenue, Los Angeles, California 90059, Los Angeles, 90059 - 4 bed, 2 bath

11008 Willowbrook Avenue, Los Angeles, California 90059 home-pic-0
ACTIVE$689,000
11008 Willowbrook Avenue, Los Angeles, California 90059
4Beds
2Baths
2,156Sqft
6,200Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Dual Income Potential & Flexibility: Two detached units provide immediate rental income from one unit and the flexibility for owner-occupancy or market-rate rental of the vacant, remodeled front unit.
Top Cons:
Sub-Market Rear Unit Rent: The existing rent of $859/month for the rear unit is considerably below market value for Los Angeles, potentially indicating rent control restrictions or a limited immediate upside in rental income for that unit.

Compared to the nearby listings

Price:$689.0K vs avg $740.0K ($-51,000)33%
Size:2,156 sqft vs avg 2,239 sqft42%
Price/sqft:$320 vs avg $32150%

More Insights

Built in 1947 (78 years old).
Condition: The property, built in 1947, features a front unit that has been 'completely remodeled inside and out with modern finishes,' as evidenced by the new wood-look laminate flooring, white shaker-style kitchen cabinets, and a contemporary bathroom with marble-look tile. This unit is move-in ready and presents an excellent interior condition. However, the overall property is an older build, and while the front unit is extensively updated, the condition of the second, tenant-occupied unit is not detailed and likely not as modern, given the low rent. The visible wall heater in the living area also suggests a lack of central HVAC. Therefore, while the remodeled unit is of excellent quality, the property as a whole, considering its age and partial renovation, falls into the 'Good' category, indicating a well-maintained property with significant recent updates to a key portion.
Year Built
1947
Close
-
List price
$689K
Original List price
$699K
Price/Sqft
$320
HOA
-
Days on market
-
Sold On
-
MLS number
PW25232295
Home ConditionGood
Features
Patio
View-

About this home

Two detached single story bungalows on one lot, front unit delivered VACANT at close of escrow. Tenants pay ALL UTILITIES including water, trash, gas, and electricity. This income producing property offers approximately 2,156 square feet of living space across two spacious two bedroom one bath units each with its own charm. The front unit at 1,055 square feet has been completely remodeled inside and out with modern finishes, fresh paint, and a clean move in ready feel. This makes it ideal for an owner user who wants to live in one unit while earning rental income from the other. The rear unit at 1,101 square feet is tenant occupied at $859 per month providing immediate stable cash flow. Built in 1947, both homes sit on approximately a 6,200 square foot lot with private drive access and parking for 10 or more cars. With the benefit of ZERO landlord utility expenses and the upside of remodeling already completed in the front unit, this property is a strong option for both investors and owner occupants

Nearby schools

3/10
Grape Street Elementary School
Public,K-50.2mi
2/10
Lovelia P. Flournoy Elementary School
Public,K-50.3mi
3/10
Compton Avenue Elementary School
Public,K-50.6mi
3/10
One Hundred Twelfth Street Elementary School
Public,K-50.7mi
5/10
Ritter Elementary School
Public,K-50.7mi
2/10
Weigand Avenue Elementary School
Public,K-50.8mi
5/10
Martin Luther King Elementary School
Public,PK-61.1mi
3/10
Ninety-Sixth Street Elementary School
Public,K-61.1mi
2/10
One Hundred Ninth Street Elementary School
Public,K-51.2mi
4/10
Ninety-Second Street Elementary School
Public,K-61.3mi
5/10
Ninety-Ninth Street Elementary School
Public,K-61.3mi
4/10
One Hundred Sixteenth Street Elementary School
Public,K-51.3mi
5/10
Lincoln Elementary School
Public,K-51.4mi
6/10
Montara Avenue Elementary School
Public,K-61.4mi
4/10
Judith F. Baca Arts Academy
Public,K-61.5mi
4/10
Stanford Avenue Elementary School
Public,K-51.6mi
7/10
Willow Elementary
Public,K-51.8mi
5/10
Lindbergh Elementary School
Public,K-61.9mi
4/10
Griffin Avenue Elementary School
Public,K-59.4mi
3/10
Edwin Markham Middle School
Public,6-80.5mi
2/10
Lincoln Elementary School
Public,K-70.7mi
3/10
Carver Elementary School
Public,PK-80.9mi
2/10
Southeast Middle School
Public,6-81.2mi
2/10
Bunche Middle School
Public,6-81.2mi
5/10
Willowbrook Middle School
Public,6-81.3mi
1/10
Charles Drew Middle School
Public,6-81.9mi
2/10
Samuel Gompers Middle School
Public,6-82.1mi
2/10
Cesar Chavez Middle School
Public,6-82.1mi
3/10
Lynwood Middle School
Public,7-82.5mi
2/10
David Starr Jordan Senior High School
Public,9-120.8mi
6/10
South East High School
Public,9-121.3mi
9/10
Compton Early College High
Public,9-121.4mi
3/10
Centennial High School
Public,9-121.6mi
4/10
Lynwood High School
Public,9-122.8mi
3/10
John C. Fremont Senior High School
Public,9-122.9mi
4/10
Marco Antonio Firebaugh High School
Public,9-123.5mi
6/10
International Studies Learning Center At Legacy High School Complex
Public,6-123.6mi
Condition Rating
Good

The property, built in 1947, features a front unit that has been 'completely remodeled inside and out with modern finishes,' as evidenced by the new wood-look laminate flooring, white shaker-style kitchen cabinets, and a contemporary bathroom with marble-look tile. This unit is move-in ready and presents an excellent interior condition. However, the overall property is an older build, and while the front unit is extensively updated, the condition of the second, tenant-occupied unit is not detailed and likely not as modern, given the low rent. The visible wall heater in the living area also suggests a lack of central HVAC. Therefore, while the remodeled unit is of excellent quality, the property as a whole, considering its age and partial renovation, falls into the 'Good' category, indicating a well-maintained property with significant recent updates to a key portion.
Pros & Cons

Pros

Dual Income Potential & Flexibility: Two detached units provide immediate rental income from one unit and the flexibility for owner-occupancy or market-rate rental of the vacant, remodeled front unit.
Minimized Operating Costs: Tenants are responsible for all utilities (water, trash, gas, electricity), resulting in zero landlord utility expenses.
Turnkey Front Unit: The front unit is fully remodeled, move-in ready, and delivered vacant, offering immediate value and appeal to owner-users or new tenants.
Exceptional Parking Capacity: Private drive access with parking for 10+ vehicles is a significant and rare amenity in the Los Angeles market.
Established Lot Size: A 6,200 sq ft lot provides ample space, offering potential for future expansion or enhanced outdoor living.

Cons

Sub-Market Rear Unit Rent: The existing rent of $859/month for the rear unit is considerably below market value for Los Angeles, potentially indicating rent control restrictions or a limited immediate upside in rental income for that unit.
Property Age & Potential Maintenance: Built in 1947, the property's age may lead to ongoing maintenance requirements for older systems and structures, despite the front unit's recent remodel.
Mixed School Performance: While some schools are highly rated, several nearby public schools have lower performance ratings, which could be a consideration for families with school-aged children.

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