Date
Details
Price
Change
Source
7/17/2026
Listed
$1,799,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/45
$1,799,000
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Property Description
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.
Full Property Details
Full Property Details for 15003 Larch
General
- Price: $1,799,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SB26134259
- Updated: 8/7/2026
- Days on Market: 57 days
- Added to Site: 57 day(s) ago
Rooms
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
Location
- Area: 112 - North Lawndale
- County: Los Angeles
- Development Name: 112 - North Lawndale
- Driving Directions: East of Hawthorne South of Rosecrans
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 2
- # Electric Meters: 2
Structural Information
- Entry Location: 1
- Square Feet: 4,001
- Year Built: 1951
Unit Information
Unit 1
- Number of Units: 1
Unit 2
- Number of Units: 1
Unit 3
- Number of Units: 1
Unit 4
- Number of Units: 1
Unit 5
- Number of Units: 1
Unit 6
- Number of Units: 1
Unit 7
- Number of Units: 1
Unit 8
- Number of Units: 1
Unit 9
- Number of Units: 1
Unit 12
- Total Bathrooms: 1
Unit 13
- Total Bathrooms: 1
Lot Features
- Lot Size (Acres): 0.4852
- Lot Size (Sq. Ft.): 21,137
- Lot Size Source: Assessor
- Lot Description: 26-30 Units/Acre, 6-10 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $449.64
- Price Per Unit: 138385
Listed by Keller Williams Realty, Carol Anne Mills
We Value Your Privacy
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Listing agent
— 15003 Larch —
Carol Anne Mills
Keller Williams Realty
310-701-2486
NMLS#: 1598647Get 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
Tax History
Tax History for 15003 Larch
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,427
—
$110,253
2%
2025
$3,427
15%
$108,093
1%
2024
$2,986
3%
$107,474
2%
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
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- Single Family
- Active
- Updated 23 hours ago
- 4Beds
- 3Total Baths
- 1,436Sq. Ft.
- Condo
- Active
- Updated 21 hours ago
- 3Beds
- 3Total Baths
- 1,737Sq. Ft.
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- Single Family
- Active
- Updated 17 hours ago
- 3Beds
- 2Total Baths
- 1,087Sq. Ft.
- Single Family
- Active
- Updated 18 hours ago
- 4Beds
- 3Total Baths
- 2,139Sq. Ft.
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15003 Larch, Lawndale, CA 90260 (MLS# SB26134259) is a Multi-Family property with 13 units containing 0 bedrooms and 0 full bathrooms. 15003 Larch is currently listed for $1,799,000 and was received on July 17, 2026. Want to learn more about 15003 Larch? Do you have questions about finding other Multi-Family real estate for sale in Lawndale? You can browse all Lawndale real estate or contact a Coldwell Banker agent to request more information.