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15003 Larch , Lawndale, CA 90260
$1,799,000
Est. Payment: $9,052.28/mo
0 Bed
0 Bath
4001 Sqft
Status: active | Days on site: 134
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Agent profile image
Chris Heller
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House Description

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.
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Highlights

Listed by Carol Anne Mills , 310-701-2486 Keller Williams Realty , 310-519-1080. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale
Lot/Acreage
0.49

Year Built

1951

County

Los Angeles

Area

112 - North Lawndale

Listing ID

SB26057243

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Other:Public

Exterior Features

Lot:26-30 Units/Acre,6-10 Units/Acre,No Land Lease
Principal Interest
$9,052
Taxes
$1,147

Home Price

$1,799,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$359,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$9,052.28

Principal

Taxes

Principal Taxes HOA Total
Monthly $9,052.28 $1,146.86 $0.00 $10,199.15
Yearly $108,627.40 $13,762.35 $0.00 $122,389.75
Total $3,258,822.09 $412,870.50 $0.00 $3,671,692.59

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Lawndale, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-08T20:35:47.000Z

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