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15003 Larch, Lawndale, CA
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.
Property Details
| Property Type | Residential |
|---|---|
| Mls # | SB26134259 |
| LotSize | 0.49 acres |
| Property Subtype | Apartment |
| Year Built | 1951 |
| Num Of Floors | 2 |
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Reviews
I’m a Realtor who works outside the San Pedro area, so I’ve worked with a lot of different agents over the years. After dealing with Carol Anne Mills, I can definitely see why she has such a...
09/26/2026 - Willie Garcia
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Great Realtor. Very detailed. Answers all your questions.
09/23/2026 - Gigi Pennington
I was impressed with Carol Anne’s fast judgement of what property was a good fit for me, which saved time and energy- she is extremely knowledgeable and has great ideas, while being very down to...
09/16/2026 - John C
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Best Realtor in San Pedro!! Carol found me the absolute cutest ADU in San Pedro!! I couldn’t have asked for a better experience!!!
09/05/2026 - Rebecca Walker
One of the best realtors in Torrance! Carol Anne's professionalism, dedication, and genuine care for her clients really stood out. She went above and beyond to make the entire selling process smooth...
09/01/2026 - Gabe Shangle
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View more reviewsCarol Ann Mills I had the pleasure of working with Carol Anne Mills on a recent real estate transaction, and I can’t say enough about how professional, responsive, and enjoyable she was to work...
09/01/2026 - Jessie Shorts
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