15433 Freeman Ave Lawndale, CA 90260
Estimated payment $6,102/month
Highlights
- No HOA
- 1-Story Property
- 4-minute walk to Rogers-Anderson Park
- Living Room
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.
Listing Agent
Merit Real Estate Brokerage Email: Amir@meritrealestate.com License #01041226 Listed on: 06/15/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1952
Lot Details
- 9,028 Sq Ft Lot
- Property is zoned R2
Parking
- 2 Car Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 1,033 Sq Ft Home
- 1-Story Property
- Living Room
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Washer and Gas Dryer Hookup
Location
- Suburban Location
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 4 / 63
- Assessor Parcel Number 4076017008
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,563 | $142,815 | $102,115 | $40,700 |
| 2024 | $2,406 | $140,015 | $100,113 | $39,902 |
| 2023 | $2,305 | $137,270 | $98,150 | $39,120 |
| 2022 | $2,302 | $134,579 | $96,226 | $38,353 |
| 2021 | $2,252 | $131,941 | $94,340 | $37,601 |
| 2019 | $2,183 | $128,030 | $91,543 | $36,487 |
| 2018 | $2,095 | $125,521 | $89,749 | $35,772 |
| 2016 | $1,960 | $120,649 | $86,265 | $34,384 |
| 2015 | $1,917 | $118,838 | $84,970 | $33,868 |
| 2014 | $1,915 | $116,511 | $83,306 | $33,205 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/15/2026 06/15/26 | For Sale | $1,090,000 | +36.3% | $1,055 / Sq Ft | |
| 04/17/2025 04/17/25 | Sold | $800,000 | +6.8% | $774 / Sq Ft | View Prior Sale |
| 03/20/2025 03/20/25 | Pending | -- | -- | -- | |
| 03/13/2025 03/13/25 | For Sale | $749,000 | -- | $725 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $800,000 | First American Title Company | |
| Grant Deed | $65,000 | -- | |
| Gift Deed | -- | Investors Title Company |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $600,000 | Construction | |
| Previous Owner | $87,750 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PV26130420
APN: 4076-017-008
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Ask me questions while you tour the home.