We are pleased to present 14611 Larch Avenue, a 21-unit multifamily property in Lawndale, CA. Built in 1962 and comprising 13,870 rentable square feet on an 18,980-square-foot lot, the two-story building presents a clean mid-century profile accented by a wood-panel faade. The unit mix is composed of 18 one-bedroom/one-bath units, two studios, and one four-bedroom/two-bath unit. Interiors have been progressively upgraded on turnover, with units receiving modern kitchens, refreshed baths, and wood-style flooring giving ownership a clear value-add path through continued renovation while the property cash-flows on in-place rents. Newer double pane, low-E windows have been installed throughout, and a number of units feature private patios. The building is separately metered for electricity, with master-metered gas and a single water heater serving the property; a utility structure worth noting for underwriting and expense allocation. Tenant amenities include a small, secure playground, 19 on-site parking spaces via ground-level tuck-under parking beneath the building, and an on-site laundry facility (leased) that contributes ancillary income. Professional on-site management underpins stable operations and consistent occupancy. Lawndale bills itself as the "Heart of the South Bay," and the description holds up on the map: the property sits within the Lawndale School District, which maintains some of the strongest school facilities in the South Bay, and is centrally positioned with direct access to the 405, 110, and 105 freeways plus a nearby Metro stop for commuters who'd rather skip the drive. The South Bay is home to one of the most consequential aerospace and defense clusters in the country, and it's accelerating, not fading: L.A. County's aerospace and defense sector added roughly 11,000 jobs between 2022 and 2024 alone, and the region has re-emerged as a hub after the U.S. Space Force established its headquarters in El Segundo in 2021, and SpaceX tripled its launch cadence within a few years. For an apartment owner, this translates directly into renter demand: a durable, well-compensated employment base of engineers, technicians, and contractors who need housing within a manageable commute of Hawthorne, El Segundo, and Redondo Beach -- exactly where 14611 Larch Avenue sits!
14815 Prairie is an 18-unit garden-style apartment community across three buildings at 14803, 14807, and 14815 Prairie Avenue in Lawndale outside local rent control and subject only to the statewide AB 1482 cap. Built in 1957 on a 17,771-SF lot with ~13,521 SF of building area, the property offers 12 one-bedroom units (~700 SF) and 6 two-bedroom units (~850 SF), on-site laundry, 18 parking spaces, updated windows throughout, and select renovated units with hardwood flooring and granite countertops. Individually metered for electricity and gas, the property sits in a quiet Lawndale pocket bordering Torrance, just two blocks from the 405 Freeway and one mile from El Camino College.
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.
Prime Lawndale Value-Add Opportunity — Owner-User or Investor's Dream! This exceptional multi-unit investment property offers a rare combination of space, flexibility, and income potential in one of the South Bay's most connected locations. This unique offering features a front single-family residence (2BR/1BA) at 15716 Larch Ave, plus two duplexes (each 2BR/1BA) addressed as 15718 and 15718 ½ Larch Ave — giving you three traditional units totaling 2,426 sqft on a 9,481 sqft lot. But that's not all: a guest bedroom/ADU (no kitchen) and a separate rec room each come with their own ¾ bathroom, offering incredible flexibility for extra income, a home office, or creative use — the possibilities are up to your imagination. Parking includes two off-street spaces for the front unit, a single-car garage for each duplex, plus a carport for additional parking, with ample storage throughout. This is a rare chance to secure a cash-flowing asset — live in one unit and let the others help pay your mortgage, or hold it purely for income. Minutes from the 405, 110, and PCH, with public transportation nearby, and convenient to shopping, parks, schools, El Camino College, and Cal State Dominguez Hills, this property is approximately 2.5 miles to SpaceX and the Tesla Design Center, and under 4 miles to Manhattan Beach and the Pacific Ocean.
Prime South Bay Location: 16-unit apartment situated on a large 14,411-SF lot in a highly desirable Lawndale location, west of Hawthorne Boulevard, 2 blocks from South Bay Galleria and just 3 blocks from Redondo Beach. Exceptional ADU Potential: Large lot and ample parking areas present the opportunity to add up to 8 ADUs, including the potential to convert space above carport spaces into 2 new ADUs without eliminating any parking (Buyer to Verify). Strong Cash Flow & Rental Upside: 5.90% current cap rate and 10.67 GRM, with upside to a 6.64% pro-forma cap and 9.80 GRM, or a 6.52% current cap and 7.26% pro-forma cap with the implementation of RUBs. Recent Capital Improvements: Property features new main electrical, new electrical subpanels in each unit (2026), newer roof (2023), upgraded units, and recent exterior and landscaping improvements. Value-Add Utility Reimbursement Opportunity: Master-metered for gas and electricity, providing investors with the opportunity to implement RUBs to recapture utility expenses and improve operating efficiency. Favorable Property Attributes: On-site laundry facility, 16 parking spaces, and no local rent control (AB 1482 only).
Casa Galleria, a 16-unit apartment complex located at 4550 West 173rd Street in Lawndale, California, presents a great opportunity to acquire a thoughtfully maintained asset in the desirable inland South Bay rental market, where easy access to beaches, employers, and freeway proximity contribute to consistent rental demand. Casa Galleria consists of two eight-unit apartment buildings with all one-bedroom/one-bath units, as well as a management office. The property gleams with new exterior paint, landscaping and exterior lighting, and units have been renovated upon turnover with modern interiors. 11 of 16 units have been renovated. Furthermore, the roofs are newer and the parking lot is repaved. The units are separately metered for gas and master metered for electric and water; a RUBS program is in place to recoup utility costs and maximize net operating income. The property is located just around the corner from the South Bay Galleria, which is undergoing a multimillion-dollar project that will redevelop a portion of the site to a mixed-use asset, signaling renter demand for the area. In addition to Galleria retailers, Casa Galleria residents enjoy convenient proximity to amenities, freeways, and recreation: Target and Sprouts are a half-mile away, the 405 Freeway is only a mile away, and the beach is a quick 10-minute drive.
Property is being marketed subject to inspection. Court-authorized sale with extensive due diligence materials available. Buyers will have access to a professional home inspection, floor plans, HERO/PACE documentation, and additional third-party property information. Buyers are encouraged to review all available materials and conduct their own independent investigations prior to submitting an offer. Well-located duplex in the City of Lawndale featuring a front 2-bedroom, 1-bath residence and a rear residence configured as 2 bedrooms plus an additional room and 2 bathrooms. The property offers a functional two-on-a-lot layout, separate gas and electric meters, a long driveway with ample off-street parking, and a detached two-car garage. Buyers are advised to verify permits, room count, square footage, and all property information to their own satisfaction. Conveniently located near major freeways, shopping, restaurants, schools, LAX, SoFi Stadium, and the South Bay beaches.
Located at 4141 and 4143 W. 161st Street, this property features two detached homes on one lot with spacious 2-bedroom, 2-bath and 3-bedroom, 1-bath floor plans. The larger home has been thoughtfully updated throughout with modern finishes and improvements. Upgrade list available on request. Both homes offer private in-unit laundry, separate entrances, their own private yard space, plus a shared common yard between the homes. Each home includes a private single garage and additional driveway parking. One home enjoys street access, while the other is conveniently accessed from the alley. Both units are currently occupied by month-to-month tenants. The second home presents an opportunity for future updates and added value. Competitively priced and offered as-is. Whether you’re looking to expand your investment portfolio, generate rental income, or explore multigenerational living, this versatile property offers a well-designed layout, desirable amenities, and long-term potential. Upgrade list available upon request.
Move in Ready!!! Don't miss this outstanding opportunity to own a versatile residential income property at the city of Lawndale. Featuring two separate homes on one lot, this property is ideal for investors seeking strong rental income or owner-occupants looking to offset their mortgage with rental revenue. The front home offers 2 bedrooms and 1 full bath. It features laminate flooring throughout, an open-concept layout, a wall-mounted mini-split system providing both heating and air conditioning, an indoor laundry area, a charming front yard, and a covered carport. The rear home features 3 bedrooms and 2 full bathrooms. The spacious master bedroom, added with permits. Also have been updated this home boasts an open floor plan, a bright kitchen with a skylight, granite countertops, granite flooring throughout, a dining area, and a generously sized living room. Additional features include recessed lighting, laundry hookups inside the attached two-car garage, and a central heating system recently installed. Whether you're looking for a smart investment opportunity or a place to call home while generating rental income, this unique property offers exceptional flexibility, comfort, and income potential. Ideal located near major FWY, Shopping center, Beautiful Beaches, Parks, schools, El Camino College, LAX, SpaceX...Must be seen in person to appreciated.
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.
Big Price Improvement! This is an exceptional opportunity for both an owner-user and a savvy investor. The property features a two-story office building of approximately 1,500 square feet, thoughtfully designed with two bathrooms on the ground floor and an additional bathroom upstairs, making it ideal for a wide range of professional uses. Located on a high-visibility corridor with an impressive daily traffic count of approximately 39,181 cars, the property offers outstanding exposure for any business. It also boasts a private driveway and a rear parking area that can comfortably accommodate five vehicles, a valuable amenity in this market. Adding even more value is a bonus single-family residence at the rear of the property. The home offers two bedrooms and one bathroom, along with a two-car garage accessed from the alley. Best of all, the house will be delivered vacant at the close of escrow, providing immediate flexibility for owner occupancy, rental income, or additional office use. This is a rare, versatile property that combines visibility, functionality, and upside—a compelling opportunity you won’t want to miss.
Lawndale is located in California. Lawndale, California has a population of 32,035. Lawndale is more family-centric than the surrounding county with 31.03% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Lawndale, California is $72,246. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Lawndale is 35.3 years.
The average high temperature in July is 75.7 degrees, with an average low temperature in January of 48.1 degrees. The average rainfall is approximately 13.7 inches per year, with 0 inches of snow per year.
