15003 Larch Lawndale, CA ^$ 1,799,000

15003 Larch

^$ 1,799,000

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Recently Listed

15003 Larch

Lawndale, CA, 90260

^$ 1,799,000

Studio Baths0.0 Sq 4,001

Monthly Estimate*

^$ 11,359

Listed by Keller Williams Realty

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Studio

Multi-Family Home for sale in Lawndale, CA

for $1,799,000. This 4,001 square foot home was built in 1951 on a lot size of 0.4852.

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.

Multi-Family Active

Price

^$ 1,799,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.4852

Year Built

1951

Town/City

Lawndale

County/Region

Los Angeles

MLS | Web ID

SB26134259

Days on Market

Features

General

Sewer Public Sewer

Garage Spaces 0

Pool Features None

Year Built 1951

Property Subtype Apartment

Tax Year 2025

Gross Income 163416

Community Features Sidewalks

County Los Angeles

Net Operating Income 141215

Operating Expense 38580

Insurance Expense 11178

New Construction false

Property Type Residential Income

Contingency Subject to Inspection

Garage Y/N false

Special Listing Conditions Standard

Status Active

Directions East of Hawthorne South of Rosecrans

City Lawndale

Entry Location 1

Senior Community Y/N false

Number Of Units Total 13

MLS Area 112 - North Lawndale

Lot Size Units Square Feet

Lot Size Square Feet 21137

Number of Units Leased 13

Listing Terms Submit

Property Attached Y/N true

Land Lease Y/N false

Electric Expense 10800

Fuel Expense 0

Trash Expense 260

Water Sewer Expense 6720

Additional Parcels Y/N false

Rent Control Y/N true

Building Area Units Square Feet

Standard Status Active

Year Built Source Assessor

Tax Lot 4077

Total Actual Rent 14965

Property Sub Type Additional Apartment

Cap Rate 4.75

Interior

Total Stories 2

Common Walls 2+ Common Walls

Laundry Features Inside

Entry Level 1

Exterior

Lot Features 26-30 Units/Acre 6-10 Units/Acre

Water Source Public

Total Parking 0

Lot Size Area 21137

Number of Buildings 6

Building Area Total 4001

Lot Size Acres 0.4852

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 2

Number of Separate Electric Meters 2

* Excluded Features

List By

Keller Williams Realty

Broker

camills@kw.com

Affordability Calculator

$11,359

Per Month

Monthly Principal & Interest: $11,359
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Lawndale, CA

Average List Price ^$2,115,429

Percent of Sale Price 18%

About Lawndale, CA

32,799 Population

3% Since 2002

^$54,293 Median Income

34.91 Median Age

36% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/5/2026	$1,799,000		Listed Price

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15003 Larch, Lawndale, CA, 90260 is a Multi-Family Home for sale at $1,799,000 with 4,001 sqft and a lot size of 0.4852. 15003 Larch is a studio with 0.0 baths and was built in 1951. The property's zip code is 90260 which is in Lawndale, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 8/6/2026. 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.

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15003 Larch

Multi-Family Home for sale in Lawndale, CA

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