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$2,000,000 Just Listed
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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.
Full Property Details
Full Property Details for 15003 Larch
General
- Price: $2,000,000
- Taxes: (2025)
- Status: Active
- Type: Commercial
- Source: MRMLS
- MLS ID: SB26057243
- Updated: Today (3/24/2026)
- Added to Site: Today
Interior
- Laundry Facilities: Yes
Rooms
Other Rooms
- Laundry: Inside
Location
- County: Los Angeles
- Driving Directions: East of Hawthorne South of Rosecrans
Structural Information
- Entry Floor Number: 1
- Stories/Levels: 2
- Building Size: 4001
- Square Feet: 4,001
- Year Built: 1951
Lot Features
- Lot Size (Acres): 0.4852
- Useable Acres: .4852
- Lot Size (Sq. Ft.): 21,137
- Lot Size Source: Assessor
- Lot Features: 26-30 Units/Acre, 6-10 Units/Acre
- Lot Description: 26-30 Units/Acre, 6-10 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $499
- Operating Expenses: $46,404
- Tax Year: 2025
Disclosures and Reports
- Property ID: 4077022016
Listed by Keller Williams Realty, Carol AnneMills
Get Pre-Approved Today
Schools
Schools serving 15003 Larch
| Name | Grades | Distance |
|---|---|---|
William Anderson Elementary School 4130 154th Street, Lawndale, CA 90260 | K-5 | 0.4 mi |
Will Rogers Middle School 4110 154th Street, Lawndale, CA 90260 | 6-8 | 0.4 mi |
Leuzinger High School 4118 West Rosecrans Avenue, Lawndale, CA 90260 | 9-12 | 0.5 mi |
Lawndale High School 14901 South Inglewood Avenue, Lawndale, CA 90260 | 9-12 | 0.9 mi |
Hawthorne High School 4859 West El Segundo Boulevard, Hawthorne, CA 90250 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 15003 Larch
Date
Details
Price
Change
Source
3/24/2026
Listed
$2,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 15003 Larch
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,427
18%
$109,593
4%
2023
$2,908
—
$105,397
2%
2022
$2,900
2%
$103,361
2%
2021
$2,837
—
$101,365
1%
2020
$2,835
2%
$100,342
4%
2019
$2,778
14%
$96,905
2%
2018
$2,428
3%
$95,006
2%
2017
$2,362
4%
$93,144
2%
2016
$2,264
2%
$91,318
2%
2015
$2,230
-1%
$89,947
2%
2014
$2,259
3%
$88,186
—
2013
$2,198
—
$87,789
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 15003 Larch
15003 Larch, Lawndale, CA 90260 (MLS# SB26057243) is a Commercial property. 15003 Larch is currently listed for $2,000,000 and was received on March 24, 2026. Want to learn more about 15003 Larch? Do you have questions about finding other Commercial real estate for sale in Lawndale? You can browse all Lawndale real estate or contact a Coldwell Banker agent to request more information.

