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.
Take a look at the homes that closed escrow in the South Bay city of Lawndale CA during the month of February 2022. It was a slower month in terms of the number of homes that sold but prices continued to be impressive.
There were only 7 on MLS home sales during the month compared to only 4 in January but that was still a lower number than usual. The average “list” price was $724,843 with the average sold price of $714,571 meaning that homes generally sold below the “asking” price for the first time in a few months. The average price per foot was $668 which was up quite a bit from January. See how the February real estate market in Lawndale compared with other months on our real estate trends page.
The newest listing in Lawndale and El Camino Village is a cute, but dated single family home located at 15506 Gerkin. As Gerkin backs up to the tree tunnel street of Cordary, you get to enjoy the cool tree (and hawks!) without being in the shade all of the time.
The home is fairly original but seems to be in good condition and has the additon of air conditioning and and newer electric panel. The outdoor areas are great with a grassy back yard and covered side patio.
The only home currently for sale in El Camino Village is a 3 bedroom single family home on Cordary Ave which is one of the more unique streets in all of the South Bay. While it’s not our listing we think this one is a winner. It’s in great shape but fairly original meaning there’s no need to do any work, but a little work and upgrading makes for a great “sweat equity” opportunity. While the home isn’t in the tree tunnel part of Cordary, it’s close by and makes for a pretty unique location.
It was a very solid month in Lawndale both in terms of the number of homes that closed escrow as well as the prices.
November 2021 saw 13 on market home, condo and townhome sales closing during the month.. The average “list” price of the homes that closed escrow during the month was $712,454 with the average “sold” price at $725,977 meaning that homes generally sold higher than the asking price. Homes averaged only 21 days on the market before going into escrow.