14611 Larch AVE, Lawndale, CA 90260
14611 Larch AVE, Lawndale, CA 90260
14611 Larch AVE, Lawndale, CA 90260
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$5,195,000
Est. payment /mo
22 Beds
22 Baths
13,870 SqFt
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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

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Listed by Joshua Cohen Keller Williams Realty #01346713

NEARBY SCHOOL & BUSINESS

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