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Millman Team Real Estate

$1,090,000
3 Bed
2 Bath
1,033 Sqft
0.21 Acre Lot

15433 Freeman Avenue, Lawndale, California 90260

  • Residential Property Type
  • 1,033 Sqft Square Footage
  • 1952 Year Built
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.

Basic Details
Residential
For Sale
PV26130420
$1,090,000
None
3
2
1,033 Sqft
1952
0.21 Acre
Active
2
Single Family Residence
Features
: None
: None
: None
: Washer Hookup, Gas Dryer Hookup
: Public Sewer
$0
Address Map
CA
Los Angeles
Lawndale
90260
Freeman
15433
Avenue
W119° 39' 2.7''
N33° 53' 24.2''
from Manhattan Beach Blvd, go North on Freeman, just east of Hawthorne
112 - North Lawndale
R2
Neighborhood
Lawndale
Additional Information
$0
$0
$0
$0
$0
: Suburban
1
2.0
: One
1
2026-06-15
1
1
: Public
Broker/Agent Information
Merit Real Estate
Amir Amiri
Listing Information
VAMIRAMI
V7765
Cash, Submit
Active
2026-06-16T13:29:23Z
CRMLS
: Standard
2026-06-15T14:43:56Z
Agent info
Ray Millman
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