Millman Team Real Estate

$1,799,000
0.49 Acre Lot

15003 Larch, Lawndale, California 90260

  • Commercial Sale Property Type
  • 1951 Year Built
Property 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 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 per year or more.

A Property Due Diligence Report has been prepared by a professional entitlement company, confirming the site’s development potential and guiding future permitting. This is a rare opportunity to earn income now while preparing to execute a lucrative development plan in a high-demand Los Angeles County location. Opportunity awaits for investors and developers ready to maximize a rare SoCal development site. Ask for the Offering Memorandum and The Due Diligence Report that researched this property’s highest and best use.

Basic Details
Commercial Sale
For Sale
SB26057243
$1,799,000
1951
0.49 Acre
Active
Hotel/Motel
Features
: Inside
$0
Address Map
CA
Los Angeles
Lawndale
90260
Larch
15003
W119° 38' 57''
N33° 53' 43.5''
East of Hawthorne South of Rosecrans
112 - North Lawndale
Additional Information
$0
$0
$0
$0
$0
4001
1
: 6-10 Units/Acre, 26-30 Units/Acre
2026-03-24
2000000
2
: Public
Broker/Agent Information
Keller Williams Realty
Carol Anne Mills
Listing Information
SBMILLCAR
S4726
Active
2026-06-18T20:55:18Z
CRMLS
: Standard
2026-03-24T15:17:03Z
Agent info
Ray Millman
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