15003 Larch
lawndale, CA 902601.799.000 $
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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.
Λεπτομέρειες
4,001 Sq Ft
0.4852 Ιδιωτικά στρέμματα Μέγεθος παρτίδας
εμπορικό
Ενσωματωμένο 1951
MLS/Αριθμός καταχώρισης SB26057243
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Public Water
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Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.