$1,090,000

15433 Freeman Avenue, Lawndale, CA 90260

  • 3 beds |
  • 2 baths |
  • 1,033 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1952
  • Property Lot Size Icon9,030sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $1,055/sqft
  • Property List Date Icon Listed 10 days ago

Property Description

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 Status:
Active
Date Added:
June 15, 2026
Data Last Updated:
June 25, 2026 at 5:21PM
Listing Office:
Merit Real Estate : 310-379-4444
Listing Agent:
Amir Amiri : 310-698-8600
MLS ID:
PV26130420
  • Laundry: Washer HookupGas Dryer Hookup
  • A/C: None
  • Fireplace: None
  • Pool: None
  • Parking: Parking spaces: 2
  • General: 1
  • Road/Access: City Street
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS_CRM
  • School District: Lawndale
  • County: Los Angeles
  • Zoning: R24076017008
  • View: None
  • Water: Public
  • Sewer: Public Sewer
  • Source: CRMLS_CRM

This listing courtesy of Amir Amiri , Merit Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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