
Lawndale, California 90260
This Major Fixer-Upper Condo presents a High-Potential Investment Opportunity with a List Price of $349,000—positioned well below the $396,964 Fair Market Value by 12%. This valuation gap offers $47,964 in Instant Equity for buyers prepared for a complete gut renovation. Currently in Uninhabitable Condition, the asset's value-add potential is bolstered by its prime South Bay location near the Green Line and Manhattan Beach. This probate sale is a high-upside acquisition strictly for Fix-and-Flip Investors or Cash Buyers looking to unlock significant ROI.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4727 W 147th Street 136 Subject | $349,000* List Price | 2 | 2 | 928 | $376 | - |
A 4727 W 147th Street Sold | $395,000 | 2 | 2 | 867 | $456 | 0.0 mi |
B 4727 W 147th 121 Active Under Contract | $420,000 List Price | 2 | 2 | 867 | $484 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is in a state of severe neglect and requires a complete gut renovation. Interior images reveal significant damage to walls, potentially including mold or water intrusion, ruined flooring, and bathrooms with broken or missing fixtures and heavy staining. The listing description confirms it is a major fixer-upper sold as-is for cash only, indicating it is currently uninhabitable and requires substantial rehabilitation.
Priced significantly below market value as a probate sale, this property offers substantial equity potential for investors or cash buyers looking to renovate and flip or hold.
Ideally situated just 15 minutes from Manhattan Beach and El Porto, providing residents with easy access to coastal lifestyle amenities, shopping, and dining.
The property is within walking distance of the Green Line, offering a convenient commute to LAX and Downtown Los Angeles, and is close to major freeways.
The unit is a major fixer-upper in as-is condition, requiring significant capital investment and repairs to make it habitable or marketable.
The sale is strictly limited to cash buyers only due to the property's condition, which eliminates traditional mortgage buyers and narrows the pool of potential purchasers.
***CASH ONLY*** Investor opportunity in the heart of Lawndale! Probate sale priced well below market value due to condition. This condo is a major fixer and will require repairs — ideal for cash buyers or experienced investors. Incredible upside potential in a desirable South Bay location near shopping, freeways, and just minutes to the beach. Sold AS-IS. Bring your vision and unlock the value! ideally situated within walking distance of the Green Line, making commuting to LAX or Downtown a breeze. Just a 15-minute drive to the pristine sands of El Porto and Manhattan Beaches, this home is also a short walk to the gym, schools, and a convenient shopping center. Cash buyers only due to condition of the property. CASH ONLY, NO FINANCING. Probate sale subject to court confirmation and possible overbid. Court confirmation scheduled for May 29, 2026 all terms are subject to court approval, buyer must be prepared to participate in the overbid process.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.3 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 928 | 939 | 43% |
| Lot Size | 84,542 | 84,542 | 50% |
| Price | $349.0K | $479.0K | 14% |
| Price per sq ft | $376 | $465 | 14% |
| Built year | 1974 | 1974 | 50% |
| HOA | $420.0 | $420 | 50% |
| Days on market | 96 | 114 | 43% |
Mar 2, 2026
$349,000
Initial Listing
Dec 7, 1988
$118,000
Public Record