Home | Los Angeles County | Lawndale | 90260 | 15003 Larch
MLS: CRSB26134259 | Status: | Price: $1,799,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 21,137 | 1951 |
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 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.
| Field | Value |
|---|---|
| MLS # | CRSB26134259 |
| MLS Source | California Regional MLS |
| Days on Site | 6 |
| Feature | Details |
|---|---|
| Appliances | Other |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 0 Car(s) |
Carol Anne Mills
Keller Williams Realty
License #: 01336814
Phone: –
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 6 | 13 | – |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| F. D. Roosevelt Elementary School | public | K-5 | 0.26 mi | 3 |
| Lucille J. Smith Elementary School | public | K-5 | 0.38 mi | 8 |
| Jane Addams Middle School | public | 6-8 | 0.41 mi | 9 |
| Will Rogers Middle School | public | 6-8 | 0.41 mi | 7 |
| Leuzinger High School | public | 9-12 | 0.46 mi | 4 |
| William Anderson Elementary School | public | K-5 | 0.47 mi | 5 |
| Billy Mitchell Elementary School | public | K-5 | 0.60 mi | 6 |
| Jefferson School | public | K-5 | 0.77 mi | 4 |
| Lawndale High School | public | 9-12 | 0.78 mi | 4 |
| Mark Twain Elementary School | public | K-5 | 0.79 mi | 6 |
| R. K. Lloyde High School | public | 9-12 | 0.87 mi | 1 |
| Centinela Valley Independent Study School | public | 9-12 | 0.87 mi | 2 |
| Centinela Valley Adult | public | UG | 0.87 mi | N/A |
| South Bay Adult | public | UG | 0.89 mi | N/A |
| Prairie Vista Middle School | public | 6-8 | 0.94 mi | 5 |
| Carson School | public | UG | 0.98 mi | N/A |
| Ramona School | public | K-5 | 1.07 mi | 8 |
| Renaissance Community Day School | public | 7-12 | 1.12 mi | 2 |
| Bud Carson Middle School | public | 6-8 | 1.23 mi | 4 |
| William Green Elementary School | public | K-5 | 1.25 mi | 7 |
©2026 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of July 17, 2026. For the most current information, please contact Carol Anne Mills.