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Listed by: Carol Anne Mills (310) 701-2486 DRE #01336814 | Keller Williams Realty (310) 519-1080
$1,799,000
-- Bed
2 Baths
--sqft
15003 Larch, Lawndale, CA 90260
$1,799,000
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Apartment
Built in 1951
$-- HOA
21,137 sqft lot
--/sqft
Description
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 (Single Room Occupancy) with shared kitchen and baths and a 1-bedroom home, the property generates $13,618/month in income ($163,416 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, including 2 units set aside for affordable housing, delivering a projected income of $531,000 ...
- Houzeo last checked: 51 minutes ago
- Listing updated: July 17, 2026 at 7:02 pm
- Source: California Regional MLS-CA | MLS#: SB26134259
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1951
HOA Fees
-
Finished Area
- sqft
Lot Size
21,137 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SB26134259
MLS Status
Active
Days on Market
3
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