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14611 Larch AVE Lawndale, CA 90260
22 Beds
22 Baths
13,870 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 13,870 sqft
Price per Sqft $374
MLS Listing ID 26872603
Bedrooms 22
HOA Y/N No
Year Built 1962
Lot Size 0.436 Acres
Property Description
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!
Location
State CA
County Los Angeles
Area 112 - North Lawndale
Zoning LNR3YY
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Parking Features Covered
Total Parking Spaces 19
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4077010020
Special Listing Condition Standard
Listed by Joshua Cohen Keller Williams Realty #01346713
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