Lawndale Homes with Hotel/Motel Subtype

Welcome to Lawndale, California – a hidden gem nestled in the heart of Los Angeles County. This charming city boasts a vibrant community atmosphere, making it an ideal place for families, young professionals, and anyone seeking a welcoming environment. With its prime location just a few miles from the bustling beaches of the Pacific Coast and the iconic attractions of Los Angeles, Lawndale offers a perfect blend of suburban tranquility and urban convenience.

One of the unique features of Lawndale’s real estate market is the availability of homes with a hotel/motel subtype. These properties provide a distinctive opportunity for homeowners and investors alike. Imagine owning a property that not only serves as a comfortable residence but also has the potential to generate income through short-term rentals. With the rising popularity of vacation rentals, these homes can be a smart investment choice, allowing you to capitalize on Lawndale's proximity to major attractions while enjoying the benefits of homeownership.

The city is known for its well-maintained parks, excellent schools, and a diverse array of dining and shopping options. Residents enjoy a tight-knit community with regular events that foster connection and camaraderie. Whether you’re seeking a cozy bungalow or a larger property with rental potential, Lawndale's real estate market offers a variety of options to suit your needs.

Discover the charm of Lawndale and explore the possibilities that come with owning a home with a hotel/motel subtype. Embrace the vibrant lifestyle of this city while investing in a property that offers both comfort and opportunity. Your dream home awaits!

Newest Lawndale 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.