15716 Larch Avenue, Lawndale, California 90260, Lawndale, 90260 - bed, bath

15716 Larch Avenue, Lawndale, California 90260 home-pic-0
ACTIVE$1,489,000
15716 Larch Avenue, Lawndale, California 90260
0Bed
0Bath
2,426Sqft
9,478Lot
Year Built
1923
Close
-
List price
$1.49M
Original List price
$1.49M
Price/Sqft
$614
HOA
-
Days on market
-
Sold On
-
MLS number
OC25033318
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.49M(91th), sqft - 2426(86th), beds - undefined(50th), baths - undefined(50th).

Great investment opportunity, three units, owner occupied and rental properties. Imaging as an-Owner user/Investor seeking value-add opportunity; initial 2 bedroom 1 bath SFR built in 1923, then duplex 2-bedroom 1 bath built in 1959. In addition there are a "permitted" guest bedroom (ADU no kitchen) plus a recreation room both with 3/4 bathroom. Front unit was completely remodeled in 1988, also copper piping for all units. New Roof for all properties 1 yr old. New windows for all properties 10 yr ago. Small 6x20 garden area with fruit tree behind recreational room and 2 Storage areas behind recreation room. Imagine your best use of these features. Off street parking (2) cars for the front unit, single car garage for each duplex and carport for additional parking with more than sufficient storage areas. The property is close to 405, 110, fwys and PCH. Public transportation is very close. Walking distance to shopping, parks and schools, EI Camino college, UC Dominguez Hills. Around 4 miles miles to SpaceX & Tesla design center and less than 4 miles from Manhattan beach and the Pacific Ocean. This property is a great investment opportunity whether 3 units for income or to live in one and rent the other 2 units. Please do not disturb tenants. Current rents do not reflect market rents. Property is being sold "as is" no local rent control, defaults to AB1482. Accuracy of MLS information is deemed reliable but with no warranties or guarantees, the buyer is advised to investigate all aspects of the property and verify the accuracy of all information provided. This triplex is also current on the market for lease.

Nearby schools

5/10
William Anderson Elementary School
Public,K-50.3mi
7/10
Lucille J. Smith Elementary School
Public,K-50.8mi
4/10
Billy Mitchell Elementary School
Public,K-51.0mi
5/10
Will Rogers Middle School
Public,6-80.3mi
7/10
Jane Addams Middle School
Public,6-80.5mi
4/10
Lawndale High School
Public,9-120.9mi
5/10
Leuzinger High School
Public,9-121.0mi
4/10
Hawthorne High School
Public,9-122.1mi

Price History

Date
Event
Price
05/03/25
Listing
$1,489,000
Condition Rating
Fair

The property, with its main unit remodeled in 1988 (36 years ago), indicates that the kitchen, bathrooms, and other interior finishes are significantly outdated. The listing explicitly states it's a 'value-add opportunity' and is being sold 'as is,' reinforcing the need for updates and potential repairs. While major components like the roof (1 year old) and windows (10 years old) have been recently updated, and copper piping is present, these do not constitute a full recent renovation. The absence of interior photos prevents a detailed assessment of the kitchen and bathroom conditions, but based on the remodel timeline, they are likely functional but aesthetically dated and would require minor to moderate updates to meet current standards.
Pros & Cons

Pros

High Income & Value-Add Potential: A triplex with additional permitted living spaces, current below-market rents, and favorable rent control (AB1482 only) presents significant upside for rental income and property value appreciation.
Prime Location & Accessibility: Strategically located near major freeways (405, 110, PCH), public transportation, and within walking distance to essential amenities, schools, and colleges.
Proximity to Economic Hubs & Beaches: Less than 4 miles from major employers like SpaceX & Tesla design center, and the highly desirable Manhattan Beach and Pacific Ocean, enhancing tenant demand and property value.
Key System Updates: Recent major capital improvements include a new roof (1 year old), updated windows (10 years old), and copper piping throughout, reducing immediate maintenance concerns for a new owner.
Flexible Configuration & Parking: Offers a versatile triplex setup with additional permitted spaces, ample off-street parking, garages, and a carport, catering to diverse tenant needs and maximizing utility.

Cons

As-Is Sale Condition: The property is being sold 'as-is,' indicating that the buyer will be responsible for any necessary repairs or upgrades, which could entail additional upfront investment.
Dated Interior Finishes: The front unit's last remodel was in 1988, suggesting that interior aesthetics and functionality across units may be outdated and require modernization to command market-competitive rents.
Age of Structures: With original construction dating back to 1923 and 1959, despite some updates, the overall age of the buildings could lead to ongoing maintenance requirements or necessitate further capital expenditures for comprehensive modernization.

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