15122 Eastwood Avenue, Lawndale, California 90260, Lawndale, 90260 - bed, bath
ACTIVE$1,499,000
15122 Eastwood Avenue, Lawndale, California 90260
0Bed
0Bath
3,324Sqft
9,000Lot
Year Built
1950
Close
-
List price
$1.5M
Original List price
$1.5M
Price/Sqft
$451
HOA
-
Days on market
-
Sold On
-
MLS number
IG25045472
Home ConditionPoor
Features
View-
About this home
We found 4 Cons,5 Pros. Rank: price - $1.50M(91th), sqft - 3324(86th), beds - undefined(50th), baths - undefined(50th).
Nearby schools
5/10
William Anderson Elementary School
Public,•K-5•0.2mi
7/10
Lucille J. Smith Elementary School
Public,•K-5•0.6mi
4/10
Billy Mitchell Elementary School
Public,•K-5•0.8mi
5/10
Will Rogers Middle School
Public,•6-8•0.2mi
7/10
Jane Addams Middle School
Public,•6-8•0.6mi
5/10
Leuzinger High School
Public,•9-12•0.6mi
4/10
Lawndale High School
Public,•9-12•0.8mi
4/10
Hawthorne High School
Public,•9-12•1.8mi
Price History
Date
Event
Price
09/23/25
Sold
$1,480,000
01/25/07
Sold
$676,500
Condition Rating
Poor
Built in 1950, this 75-year-old triplex shows clear signs of age. The MLS listing explicitly highlights 'Age of Property' and 'Potential for High Renovation Costs' as weaknesses, indicating a substantial investment is needed for modernization and repairs. Without any specified recent upgrades, it's highly probable that the kitchens, bathrooms, electrical, plumbing, and HVAC systems are significantly outdated and require major rehabilitation to meet current standards and tenant appeal. The exterior image, while showing a fresh coat of paint, reveals an older aesthetic and external AC unit, consistent with an un-modernized property. This property requires substantial repairs and rehabilitation rather than just minor updates.
Pros & Cons
Pros
Income-Generating Asset: As a triplex, this property is an excellent income-generating asset, offering multiple rental streams for investors.
Generous Lot Size: The substantial 9,000 sqft lot provides ample space for potential expansion, additional dwelling units (ADUs), or enhanced outdoor amenities.
Substantial Square Footage: With 3,324 sqft, the property offers significant living space across its units, contributing to strong rental income potential.
Proximity to Quality Schools: Located near several well-rated schools, including Lucille J. Smith Elementary (rating 7) and Jane Addams Middle School (rating 7), making it attractive to families.
Established Neighborhood: Built in 1950, the property is situated in a mature and established community, often indicative of stable residential areas.
Cons
Recently Sold Property: The property was recently sold within the past year on 2025-09-23. The sold price is $1,480,000.00.
Age of Property: Constructed in 1950, the property is 75 years old, suggesting potential for outdated systems, deferred maintenance, and the need for significant capital improvements.
Undefined MLS Area: The '699 - Not Defined' MLS area could indicate a lack of clear market categorization, potentially impacting comparable sales analysis and market perception.
Potential for High Renovation Costs: Given its age and the absence of specified recent upgrades, the property likely requires substantial investment for modernization and repairs to maximize rental potential and tenant appeal.