
Lawndale, California 90260
This High-Potential Investment Opportunity is listed at $1,350,000, positioned above the $1,137,855 Fair Market Value. While the property requires a full interior rehab due to its Condition Rating of 5, the expansive 9,481 sqft lot and triplex configuration offer significant upside. The property provides a rare Value-Add Opportunity for those looking to modernize outdated systems and maximize rental income near major employment hubs like SpaceX. This is a strategic acquisition ideal for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through multi-unit income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15716 Larch Avenue Subject | $1,350,000* List Price | 0 | 0 | 2,426 | $469 | - |
A 4539 W 171st Sold | $1,155,000 | 0 | 0 | 2,556 | $452 | 0.9 mi |
B 4565 W 164th Active | $949,999 List Price | 0 | 0 | 2,251 | $422 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1923 and marketed as a 'Value-Add Opportunity,' the property shows significant signs of age with outdated systems. Images reveal highly dated kitchens with painted-over original cabinetry and aging bathroom fixtures that likely exceed a 30-50 year renovation cycle, requiring a full interior rehab.
The property features a unique triplex configuration plus a guest ADU and rec room, offering multiple revenue streams or a flexible owner-user setup with significant rental offset.
Ideally situated near major employment hubs like SpaceX and Tesla, and less than 4 miles from Manhattan Beach, ensuring high tenant demand and long-term desirability.
The nearly 9,500 sqft lot is exceptionally large for the area, providing rare amenities including multiple garages, a carport, and ample off-street parking for all units.
Originally built in 1923, the property is positioned as a 'value-add' opportunity, likely requiring substantial capital expenditure for modernizing systems and structural updates.
The guest bedroom/ADU and rec room lack kitchens, which limits their immediate use as independent legal rental units without further investment and permitting.
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.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 2,426 | 2,102 |
| Lot Size | 9,481 | 7,254 |
| Price | $1.35M | $957.5K |
| Price per sq ft | $556 | $499 |
| Built year | 1923 | 1957 |
| HOA | $0 | $0 |
| Days on market | 8 | 131 |
Jul 14, 2026
$1,350,000
Initial Listing