15003 Larch 
Lawndale, CA

$2,000,000
4001 SqFt

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Carol Anne Mills
Real Estate Consultant
Keller Williams LA Harbor
  • Rancho Palos Verdes, CA - California
  • Phone: 310-701-2486
  • Office : 310-701-2486
  • License #: 01336814

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 Commercial Sale
Mls # SB26057243
LotSize 0 acres
Property Subtype Other
Year Built 1951
Num Of Floors 0

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Reviews

Google review

Carol is the most trusted & reliable real estate agent in California.

05/04/2026 - Jake Caddel
Google review

Working with Carol Anne was such a smooth and positive experience. I had the pleasure of staging her listing, and it sold quickly—always the best outcome! She was incredibly easy to work with,...
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05/04/2026 - Alejandra Nunez
Google review

I’ve had the pleasure of working with Carol Anne Mills, and what stands out most is her genuine care for the people she serves. In an industry where transactions can sometimes feel impersonal,...
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04/29/2026 - Dustin Sanders
Google review

Carol Anne is awesome! We selected her because of these 5-star reviews and she still exceeded our expectations. We have bought and sold more than a dozen homes, and Carol Anne is the best realtor...
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04/16/2026 - J P
Google review

After trying to sell my house twice over the years with no success,I knew I needed one of the best realtors in San Pedro-Someonewho could actually get the job done.Thats when I chose Carol Anne...
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04/12/2026 - David Luse
Google review

Great realtor very friendly, responsive, and knowledgeable. Made everything smooth and stress-free, definitely tell him all my friends and family

04/08/2026 - Edwin Camarillo
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