Take a look at the homes that closed escrow in the South Bay city of Lawndale CA during the month of September 2022.
It was a bit of a down month in terms of both the number of homes that sold as well as sold home prices.
There were 8 on MLS home sales during the month.
The average “list” price was $764,375 with the average sold price of $747,500 which was down considerably from August.
The average price per foot was $499 .
See how the September real estate market in Lawndale compared with other months on our real estate trends page.
California and Lawndale Real Estate Tax Information and Helpful Links
Whether you plan on living in your home forever, or you are interested in real estate simply as an investment, knowledge about the tax implications and benefits is critical. Know how real estate tax laws impact you can save you thousands of dollars. Some of the more common tax situations are included below. These are just references and a qualified CPA should always be consulted.
This proposition eliminated and expanded some of the prior propositions noted below. Proposition 19 is a California amendment that imposes new limits on property tax benefits for inherited family property. Under Proposition 19, a child or children may keep the lower property tax base of the parent(s) ONLY if the property is the principal residence of the parent(s) and the child or children make it their principal residence within one year.
The latest home to hit the market in Lawndale is a beautifully remodeled single family home at 15512 Florwood Avenue in El Camino Village. Given the location, size and condition we envision this home selling quickly and for well over the list price. The home features 3 beds, 2 baths and over 1,500 square feet on a great street. We still think that El Camino Village is one of the best places to find a great “Torrance” type neighborhood at a much lower price.