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. Contact me for the Offering Memorandum and Due Diligence Report prepared by Elevated Entitlements.
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. Contact me for the Offering Memorandum and Due Diligence Report prepared by Elevated Entitlements.
Property Details
Price:
$1,799,000
MLS #:
SB26134259
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
112northlawndale
Listed Date:
Jul 17, 2026
Total Sq Ft:
4,001
Lot Size:
21,137 sqft / 0.49 acres (approx)
Year Built:
1951
See this Listing
Schools
Interior
Laundry Features
IN
Exterior
Common Walls
_2CW
Community Features
SDW
Financial
Tax Year
2025
Map
Community
- Address15003 Larch Lawndale CA
- CityLawndale
- CountyLos Angeles
- Zip Code90260
Market Summary
Current real estate data for Single Family in Lawndale as of Aug 16, 2026
38
Single Family Listed
78
Avg DOM
308
Avg $ / SqFt
$800,874
Avg List Price
Property Summary
- 15003 Larch Lawndale CA is a Single Family for sale in Lawndale, CA, 90260. It is listed for $1,799,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1951. The average price per square foot for Single Family listings in Lawndale is $308. The average listing price for Single Family in Lawndale is $800,874.
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Courtesy of Keller Williams Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.15003 Larch
Lawndale, CA