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14611 Larch Ave
Lawndale, CA 90260

$5,195,000 USD

Apartments For Sale  •  31,650 SF

Property Details

  • Property Type Apartments
  • Total Building Size 13,870 SF
  • Lot Size 0.44 AC
  • Building Class C
  • Year Built 1962
  • Cap Rate 5.41 %
  • Zoning R3, Lawndale
50 Transit Score
70 Walk Score

Highlights

Interiors have been upgraded as units turn over, adding modern kitchens and refreshed baths, providing a clear path to adding value for a new owner.
Newer double-pane, low-E windows have been installed throughout, and a number of units feature private patios.
Amenities include ground-level parking, onsite laundry facilities (leased) that adds ancillary income, and professional on-site management.
The property sits in the heart of the South Bay with direct access to the 405, 110, and 105, as well as a nearby Metro stop; also just minutes from
Renter demand is anchored by the region's expanding aerospace corridor, led by SpaceX's Hawthorne headquarters.

Financial Summary (Actual)

Net Operating Income: $281,058 USD (2026)
Cap Rate: 5.41 %
Total Expenses: $190,270 USD

Amenities

  • Laundry Facilities
  • Security System
  • Storage Space
  • Heating
  • Kitchen

Public Transportation

AirportDriveWalkDistance
Los Angeles International 12 min - 7.0 mi
Long Beach (Daugherty Field) 20 min - 14.5 mi
Bob Hope 41 min - 30.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 17
Type: Covered
Included in Rent: Yes
Joshua Cohen 310-480-2130 The Cohen Group
Joshua Cohen 310-480-2130 The Cohen Group