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4030 W 159th Street, Lawndale, California 90260, Lawndale, 90260 - 3 bed, 1 bath

4030 W 159th Street, Lawndale, California 90260 home-pic-0
ACTIVE$670,000
4030 W 159th Street, Lawndale, California 90260
3Beds
1Bath
1,052Sqft
5,602Lot
Year Built
1942
Close
-
List price
$670K
Original List price
$795K
Price/Sqft
$637
HOA
-
Days on market
-
Sold On
-
MLS number
25530815
Home ConditionTear down
Features
View-

About this home

Possibly Over-Priced:The estimated price is 17% below the list price. We found 3 Cons,5 Pros. Rank: price - $670.0K(18th), sqft - 1052(15th), beds - 3(50th), baths - 1(24th).

Back on the Market. Attention builders and developers! This is a rare opportunity to acquire a major fixer or tear down project with approved site plans by the City for a 3-unit development. Property is being sold AS-IS, with all plans to be transferred to the new buyer. Buyer is responsible for verifying all aspects of the project, permits, and conditions with the City during due diligence. Please Do not walk the property it is boarded up for security. Ideally located near Alondra Golf Park, this property offers excellent potential in a desirable neighborhood. Capitalize on this ready-to-build property in a strong growth market with city-approved plans already secured.

Nearby schools

5/10
William Anderson Elementary School
Public,•K-5•0.4mi
5/10
William Green Elementary School
Public,•K-5•0.8mi
4/10
Billy Mitchell Elementary School
Public,•K-5•1.3mi
5/10
Will Rogers Middle School
Public,•6-8•0.3mi
7/10
Jane Addams Middle School
Public,•6-8•0.8mi
5/10
Leuzinger High School
Public,•9-12•1.2mi
4/10
Lawndale High School
Public,•9-12•1.2mi
4/10
Hawthorne High School
Public,•9-12•2.3mi

Price History

Date
Event
Price
12/05/25
Price Change
$670,000-0.7%
08/14/25
Price Change
$675,000
04/26/25
Listing
$795,000
Condition Rating
Tear down
Built in 1942, this property is explicitly described as a 'major fixer or tear down project' and is 'boarded up for security,' with instructions not to walk the property. The images confirm extreme disrepair throughout, including a completely dilapidated kitchen with vintage, likely non-functional appliances, severely damaged cabinets, and outdated, dirty flooring. The overall condition indicates the structure is beyond repair for residential use and its value is based solely on the land and approved development plans.
Pros & Cons

Pros

City-Approved Development Plans: The property comes with city-approved site plans for a 3-unit development, significantly reducing development time and risk for builders and developers.
Targeted Market Appeal: Clearly positioned as a 'major fixer or tear down project' for 'builders and developers,' attracting the ideal buyer demographic for its highest and best use.
Strong Growth Market: Located in a 'strong growth market,' indicating potential for appreciation and a favorable environment for new development.
Desirable Neighborhood: Situated in a 'desirable neighborhood,' which enhances the appeal and potential value of the future developed units.
Proximity to Amenities: Ideally located near Alondra Golf Park, offering a recreational amenity that adds to the area's attractiveness.

Cons

Major Fixer/Tear Down Condition: The existing structure is described as a 'major fixer or tear down project,' requiring substantial capital investment beyond the purchase price.
Sold As-Is: The property is being sold 'AS-IS,' meaning the buyer assumes all responsibility for its current condition, repairs, and any unforeseen issues.
Limited Access/Security Concerns: The property is 'boarded up for security' and buyers are instructed 'Do not walk the property,' indicating severe disrepair and hindering thorough pre-purchase inspection.

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