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Triplex With Supplemental Flex Space
For Sale
$1,350,000

15716 Larch Avenue, Lawndale, CA 90260

Three traditional residences are complemented by a guest room, recreation room, garages, carport, and additional storage.

Property Size2,426 SF
Lot Size0.22 Acres
Price / SF$556.47
Days on Market21

Property Features for 15716 Larch Avenue

General Information

Standard status Active
Size 2,426 SF
Total Parking Spaces 5
Lot size 0.22 Acres
Property subtype Triplex

Additional Details

Highway Access Yes

Building Details

Building Size 2,426 SF
Year Built 1923
Tenancy Multi
Listing Agency: MZ Homes
Listed By: Mike Zwarg · License #01890233
Source: 2buy
Added: Jul 14 Changed: Aug 2 Last Checked: Aug 3 at 10:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MZ Homes

Investment Insights

Based on property information with market context.

This Triplexes property, built in 1923, includes three traditional residences totaling 2,426 square feet on a 9,481-square-foot lot. The unit arrangement consists of a front 2-bedroom, 1-bath residence and two additional 2-bedroom, 1-bath residences. A guest bedroom or ADU without a kitchen and a separate recreation room each include a 3/4 bathroom, creating additional nontraditional space for office, guest, or other uses supported by the existing configuration.

Parking includes two off-street spaces for the front residence, a single-car garage serving each of the two additional residences, and a carport. The property is located at 15716 Larch Avenue in Lawndale, approximately 2.5 miles from SpaceX and the Tesla Design Center and under 4 miles from Manhattan Beach and the Pacific Ocean. It is also minutes from the 405, 110, and PCH, with public transportation, shopping, parks, schools, El Camino College, and Cal State Dominguez Hills nearby.

Key Highlights

  • Three traditional units total 2,426 square feet on a 9,481‑square‑foot lot
  • Front residence and two additional residences each offer 2 bedrooms and 1 bath
  • Guest bedroom/ADU without kitchen and separate rec room, each with a 3/4 bathroom

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $65.5k $27.00
− Vacancy −$5.0k −$2.05
EGI $60.5k $24.95
− OpEx −$18.2k −$7.48
NOI $42.4k $17.46
2,426 SF · lease $27.00/SF/yr · vacancy 7.60% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$605.2K
$529.6K – $706.1K (±1% cap)
NOI $42,367 @ 7.0% cap · market cap 3.14%
Second Best
Apartment 5plus
$557.7K
$488.0K – $650.6K (±1% cap)
NOI $39,036 @ 7.0% cap · market cap 2.89%
Theoretical Best
Office A
$1.30M
$1.14M – $1.52M (±1% cap)
NOI $90,921 @ 7.0% cap · market cap 6.73%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Storage Facility Locksmith Acupuncture (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,773
Businesses Nearby

Demographics for 90260, CA

33,338
Population
10,787
Households
3.1
Avg Household Size
36
Median Age
23%
College-Educated
75%
High-School Grad
2.5 sq mi
ZIP Area
13,335
Density / Sq Mi
$86,736
Median Household Income
$38,183
Median Earnings
$1,877
Median Rent
$745,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three traditional residences are complemented by a guest room, recreation room, garages, carport, and additional storage.
Where is this triplex located?
The property is located at 15716 Larch Avenue Lawndale, CA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Three traditional units total 2,426 square feet on a 9,481‑square‑foot lot; Front residence and two additional residences each offer 2 bedrooms and 1 bath; Guest bedroom/ADU without kitchen and separate rec room, each with a 3/4 bathroom
More about this property
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