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Lawndale, CA

$1,090,000

15433 Freeman Avenue, Lawndale, CA
3
Beds
2
Baths
1,033
Sq Ft
1952
Built
1
Days listed

About this home

Rare and prime South Bay development opportunity, ready to go! Existing SFR is not habitable. Entitlements nearly complete, sold with plans. Attention investors, developers & savvy Buyers: skip the 14-month headache with the city, and jump right into a highly lucrative, shovel-ready development project! Located in the highly coveted "Golden Lawndale" area, this property is being sold as-is with fully articulated, nearly completed architectural, structural, and civil plans. The current owner has spent the 14 months navigating the rigorous municipal pipeline, so that you don’t have to. Time is money, after all. This meticulously designed project maximizes the lot's high-yield potential with a multi-unit layout, perfect for a high-income rental portfolio or a multi-generational compound. The proposed project is comprised of: Front Unit: A beautifully remodeled version of the existing main house. 3 bedrooms, 2 baths, complete with its own brand-new detached garage. Middle Unit: A brand-new, spacious 3 bed 2 bath unit, featuring its own attached 2-car garage. Rear Unit (ADU): A brand-new, private 3 bed 2 bath Accessory Dwelling Unit (ADU) accompanied by 2 dedicated guest parking spaces on site. This project is just steps from the finish line, with full planning approval, building and safety approval, and plan check approved from engineering. The project is just waiting for one sign-off from Public Works in order to be "ready to issue" permits. This unbeatable "Golden Lawndale" location is positioned in one of the most resilient and high-demand coastal-adjacent pockets of Southern California. Truly an opportune place to live for a family compound, or a long-term investment property. Just minutes from the premier shores of Manhattan Beach, Hermosa Beach, and Redondo Beach. Enjoy world-class dining, shopping, and coastal vibes right in your backyard. Also, a tech & aerospace hub, exceptionally close to major employment powerhouses, including SpaceX, Northrop Grumman, Raytheon, and the booming Silicon Beach tech corridor. Commuter friendly, with easy access to the 405 and LAX, making it an ideal location for tenants or future buyers. Save yourself over a year of holding costs, design fees, and bureaucracy. The heavy lifting is done—bring your contractor and cash in on the incredible upside of this South Bay gem. Plans available for review upon qualified​​‌​​​​‌​​‌‌​​‌​​‌​​​​​‌​‌​​​‌​‌​‌​​​​‌‌ request.

Facts & features

Interior
Bedrooms
3
Bathrooms
2 full, 0 half
Living area
1,033 sq ft
Fireplace
None
Cooling
None
Laundry
Washer Hookup, Gas Dryer Hookup
Levels
One
Exterior & lot
Lot size
0.207 acres (9,028 sq ft)
Pool
None
Year built
1952
Parking spaces
2
Community
Area
112 - North Lawndale
County
Los Angeles
Community features
Suburban
Listing details
Status
Active
Property type
Single Family Residence
Days on market
1
Listed
2026-06-15
Terms
Cash, Submit
Parcel #
4076017008
MLS #
PV26130420
Listed by
Amir Amiri · Merit Real Estate

Location

Price history

Listed
$1,090,000 · 2026-06-15
Days on market
1
Current price
$1,090,000
Financing

Could this home be yours?

Estimated monthly payment
$6,838
$5,512 principal & interest · $1,326 taxes & insurance
$218,000
Estimate only
Loan $872,000

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Estimated value range nearby
$530,178$622,383

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Listing data provided by CRMLS

Listing courtesy of Merit Real Estate. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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15433 Freeman Avenue, Lawndale, CA — $1,090,000 | Your Agent