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For sale
  • Listed by: Merit Real Estate • Amir Amiri • Contact: 310-698-8600
    $1,090,000

    15433 Freeman Ave, Lawndale, CA 90260

    3beds
    1,033sqft
    : 
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    Single Family Residence
    Built in 1952
    9,028 Square Feet Lot
    $1,073,600 Zestimate®
    $1,055/sqft
    $-- HOA

    What's special

    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.
    36 days
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    352
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    13
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    Zillow last checked:

    Listing updated:

    Listed by:

    Amir Amiri DRE #01041226 Amir@meritrealestate.com,

    Merit Real Estate

    Source: CRMLS,MLS#: PV26130420MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bathrooms: 2
      • Main level bedrooms: 3
      Rooms
      • Room types: Kitchen, Living Room
      Cooling
      • None
      Appliances
      • Laundry: Washer Hookup, Gas Dryer Hookup
      Features
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 1,033 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage
      • Garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Entry location: 1
      • Pool features: None
      • Has view: Yes
      • View description: None
      Lot
      • Size: 9,028 Square Feet
      Details
      • Parcel number: 4076017008
      • Zoning: R2
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 1952

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Suburban
      Location
      • Region: Lawndale

      Financial & listing details

      • Price per square foot: $1,055/sqft
      • Tax assessed value: $142,815
      • Annual tax amount: $2,563
      • Date on market: 6/15/2026
      • Cumulative days on market: 37 days
      • Listing terms: Cash,Submit
      • Inclusions: plans

        Estimated market value

        $1,073,600

        $1.02M - $1.13M

        $4,046/mo

        Price history

        DateEventPrice
        6/15/2026Listed for sale$1,090,000+36.3%$1,055/sqft
        Source: CRMLS #PV26130420 Report a problem
        4/17/2025Sold$800,000+6.8%$774/sqft
        Source: CRMLS #PV25055878 Report a problem
        3/21/2025Pending sale$749,000$725/sqft
        Source: CRMLS #PV25055878 Report a problem
        3/13/2025Listed for sale$749,000+1052.3%$725/sqft
        Source: CRMLS #PV25055878 Report a problem
        6/3/1997Sold$65,000$63/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,563 +6.5%$142,815 +2%
        2024$2,406 +4.4%$140,015 +2%
        2023$2,305 +0.1%$137,270 +2%
        2022$2,302 +2.2%$134,579 +2%
        2021$2,252 -0.1%$131,941 +1%
        2020$2,253 $130,589 +2%
        2019$2,253 +7.6%$128,030 +2%
        2018$2,095 $125,521 +2%
        2017$2,095 +4.1%$123,061 +2%
        2016$2,012 +2.6%$120,649 +1.5%
        2015$1,960 +2.4%$118,838 +2%
        2014$1,915 $116,511 +2.5%
        2012-- $113,711 +2%
        2011-- $111,482 +0.8%
        2010-- $110,650 -0.2%
        2009-- $110,913 +2%
        2008-- $108,740 +2%
        2007-- $106,609 +2%
        2006-- $104,520
        2005-- $104,520 +4%
        2004-- $100,463 +1.9%
        2003-- $98,623 +2%
        2002-- $96,690 +4%
        2000-- $92,938
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 90260

        Getting around

        87 / 100
        Very Walkable
        42 / 100
        Some Transit
        58 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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