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$1,799,000
SB26134259 MLS ⋅ Active Status
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.

15003 Larch, Lawndale
$2,150,000
DW26091167 MLS ⋅ Active Status
PRIME LOCATION | 7 UNITS | ADU POTENTIAL | VALUE-ADD OPPORTUNITY Welcome to 15917 Prairie Ave, a well-located multi-unit investment opportunity in the heart of Lawndale. This 7-unit property offers strong in-place income with additional upside, making it ideal for investors seeking both stability and future growth. Situated in a highly desirable rental area with close proximity to major freeways, employment centers, and the South Bay, this property benefits from consistent tenant demand and long-term appreciation potential. The property features a solid unit mix and presents a value-add opportunity with the potential to build a 2-bedroom ADU, allowing a new owner to increase cash flow and maximize the property’s full potential. Perfect for investors looking for: • Strong rental location with high demand • Long-term hold with appreciation upside • ADU development potential • Increased cash flow through expansion Whether you're looking to expand your portfolio or capitalize on added unit potential, this is a rare opportunity in a prime Lawndale location. Don’t miss out on this high-upside investment opportunity.

15917 Prairie, Lawndale

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.