North Lawndale (112) Homes with Hotel/Motel Subtype

Welcome to North Lawndale, a vibrant community nestled in the heart of Los Angeles County, California. This charming neighborhood is known for its rich cultural diversity, welcoming atmosphere, and prime location that offers residents easy access to the best that the city has to offer. With its close proximity to major freeways, parks, and shopping centers, North Lawndale is an ideal place for families, professionals, and anyone looking to enjoy the Southern California lifestyle.

One of the unique features of North Lawndale is its diverse housing options, including homes with a hotel/motel subtype. These properties offer a fantastic opportunity for both homeowners and investors. With their flexible layouts and potential for income generation, these homes can serve as a comfortable residence or a lucrative short-term rental option. Imagine the possibilities of owning a property that not only provides a cozy living space but also the potential for hosting visitors and travelers seeking to experience the vibrant culture of Lawndale.

The community is rich in amenities, with local parks, schools, and recreational facilities just a stone's throw away. Residents can enjoy leisurely strolls through scenic neighborhoods, engage in community events, or indulge in the diverse culinary offerings from nearby restaurants. North Lawndale is not just a place to live; it’s a place to thrive.

Whether you're looking for a family home or an investment opportunity, North Lawndale's homes with hotel/motel subtypes provide a unique blend of comfort and potential. Explore this hidden gem and discover the perfect place to call home!

Newest North Lawndale (112) Homes with Hotel/Motel Subtype

$1,799,000

SB26057243 MLS ⋅ Active Status

New Cap rate of 7.85% and GRM of 10.04 with some rent adjustments in the current layout. Proposed Use: Multi-Family - Prime Development Opportunity in Lawndale- Half-Acre Lot Unlock the potential of this prime half-acre property in the heart of Lawndale, perfectly positioned for redevelopment. Currently configured with 16 studio units (with shared bathrooms/kitchen) and a 1-bedroom home, the property generates a $14,965/ month in income ($179,580 per year), providing immediate cash flow while you plan your next steps. With medium-density residential zoning combined with the AB 1287 density bonus, the site has the potential to accommodate up to 19 residential units, with individual units set aside for affordable housing, delivering a projected income of $531,000 per year or more. Contact me for the Offering Memorandum and Due Diligence Report prepared by Elevated Entitlements.

15003 Larch, Lawndale

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.