15111 Freeman, Lawndale, California 90260, Lawndale, 90260 - 3 bed, 3 bath
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Lawndale, California 90260
This Value-Add Tri-Level Townhouse is a Strong Value Opportunity, listed at $589,999—positioned well below the $596,817 Fair Market Value by 1%. This valuation gap offers $6,818 in Instant Equity. Currently holding a Condition Rating of 4, the interior serves as a functional canvas for cosmetic modernization within the gated La Palma Estates. Featuring a private enclosed patio, attached 2-car garage, and proximity to top-rated Lucille J. Smith Elementary, this home offers a prime South Bay lifestyle. It is a strategic acquisition for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15111 Freeman Subject | $589,999* List Price | 3 | 3 | 1,395 | $428 | - |
A 15111 Freeman 75 Sold | $705,000 | 3 | 3 | 1,395 | $505 | 0.0 mi |
B 14927 Condon Avenue 7 Sold | $735,000 | 3 | 3 | 1,531 | $480 | 0.6 mi |
C 4177 Manhattan Beach Blvd. Active | $599,900 List Price | 3 | 3 | 1,566 | $383 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985, this townhouse is in functional and livable condition but shows significant signs of age. While the kitchen features updated stainless steel appliances, the cabinetry, carpets, and overall interior styling are dated and consistent with the original construction. The property is explicitly marketed as a 'canvas' for building equity, indicating that while it has been maintained, it requires cosmetic updates and modernization to meet current market standards.
Strategically positioned near the 405, 105, and 110 freeways, this property offers exceptional accessibility for DTLA commuters and is just six miles from Manhattan Beach.
The 1,395 sq. ft. floor plan includes highly desirable features such as an attached two-car garage with direct access and an oversized laundry room, maximizing convenience and storage.
Positioned as a 'clean and functional canvas,' this home allows buyers to build immediate sweat equity through cosmetic modernizations in a sought-after gated community.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1395, other record living area = 1298. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The monthly HOA fee of $491 is relatively high for the area and may impact the debt-to-income ratio for budget-conscious buyers.
Built in 1985 and described as a 'canvas' for building equity, the property likely requires investment in modern upgrades to compete with fully renovated units in the South Bay market.
Welcome to 15111 Freeman Avenue, Unit 26—a rare opportunity to own tri-level townhouse in the highly coveted La Palma Estates gated community. This 1,395 sq. ft. home features 3 spacious bedrooms and 2.5 baths, offering a clean, functional, and perfectly livable canvas for those looking to build equity in one of Lawndale’s most central locations. The inviting living space includes a cozy fireplace perfect for coastal evenings, while the private enclosed patio is ready for morning coffee or weekend BBQs. Enjoy ultimate convenience with an attached 2-car garage, direct home access, and an oversized laundry room. This commuter’s dream offers effortless access to the 405, 105, and 110 freeways, making the ~17-mile drive to DTLA a breeze. You are also just 6 miles from the sands of Manhattan Beach and minutes from the South Bay Galleria, Del Amo Fashion Center, and local favorites at the Lawndale Market Place. Schedule a private showing today!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,395 | 1,395 | 50% |
| Lot Size | 183,176 | 101,370.535 | 75% |
| Price | $590.0K | $707.5K | 25% |
| Price per sq ft | $423 | $493 | 25% |
| Built year | 1985 | 1985 | 50% |
| HOA | $491.0 | $424 | 75% |
| Days on market | 30 | 192 | 25% |
Mar 23, 2026
$589,999
Initial Listing
Nov 10, 2005
$415,000
Public Record
Sep 10, 2002
$205,000
Public Record