15003 Larch
Lawndale, CA 90260
0
Bed
2
Bath
21,137Sqft(Lot)
New Cap rate of 7.85% and GRM of 10.04 with some rent adjustments in the current layout. Proposed Use: Multi-Family - Prime Development Opportunity in Lawndale- Half-Acre Lot Unlock the potential of this prime half-acre property in the heart of Lawndale, perfectly positioned for redevelopment. Currently configured with 16 studio units (with shared bathrooms/kitchen) and a 1-bedroom home, the property generates a $14,965/ month in income ($179,580 per year), providing immediate cash flow while you plan your next steps. With medium-density residential zoning combined with the AB 1287 density bonus, the site has the potential to accommodate up to 19 residential units, with individual units set aside for affordable housing, delivering a projected income of $531,000 per year or more. Cont
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Building Information
Year Built: 1951Building Area Total: 4001Pool Features: NonePrivate Pool: No
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Lot Information
Main Square Feet: 21137 Lot Size Acres: 0.4852 Lot Size Source: Assessor Lot Size Square Feet: 21,137 Lot Description: TwentySixToThirtyUnitsAcre,SixToTenUnitsAcre
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Listing Price Information
Listing Price: $1799000Submit
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Tax Information
Parcel Number: 4077022016 Tax Lot: 4077 Tax Year: 2025
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Location Information
Direction: East of Hawthorne South of Rosecrans WaterSource: Public
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ByOwner last updated this listing 08/18/2026 @ 16:03
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