Ross,
I sold quite a few L10s while I was a heavy duty truck salesman. The are very reliable, durable engines. The truck you describe, was probably used as a "city tractor" making delivers in a metro area. With the Allison behind it, it should last a long time. I've had customers put 1. 000. 000 miles on them with regular maintenance. The only objection to the L10 is that it won't hold the hills like a N14 with an 80,000 load(it's not as big an engine with as much torque). The L10 was used in weight sensitive(approx 700 lbs lighter tahn a N14) applications, dump trucks, mixer trucks, liquid tankers, etc.
Years ago, we had a L10 towed in the shop in a mixer truck that had been run without coolant(driver didn't want to walk). The cylinder head had been so overheated that some of the freeze plugs had fallen out of it. We replaced the freeze plugs, head gasket(didn't need one, but replaced it to be safe), replaced the radiator hose(cause of failure), filled it back up with coolant and put the truck back in service and the customer ran it for several years!!! Now that's one tough engine!!!!
Bill