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Lawndale Real Estate & Homes for Sale in California Lawndale: Once a vast rural plain of rolling hills covered with fields of grain and large herds of grazing cattle and sheep, the city of Lawndale has evolved into a modern yet charming metropolitan community. Located in the heart of the South Bay, Lawndale is nestled between Torrance and Hawthorne on the southern edge of the Los Angeles Basin. The South Bay area is just southwest of Los Angeles and also includes the beachside communities of Hermosa Beach, Redondo Beach, Manhattan Beach and many more. Lawndale is home to nearly 32,000 residents who enjoy three parks, large playing fields, a nearby golf course, low crime rates and a top-ranked public school system. The Lawndale Elementary School District serves more than 6,000 students from kindergarten through high school. Downtown Los Angeles is a mere 16 miles away and offers numerous cultural and recreational destinations. Only five miles away, the beaches of the Pacific Ocean are a great place for year-round activities, such as rollerblading, surfing, sailing and volleyball. Winter sports are also close at Big Bear, Mount Baldy or Lake Arrowhead. Lawndale, incorporated in December 1959, is one of 88 cities within the County of Los Angeles. Like many Southern California cities, Lawndale experienced a tremendous housing boom after the end of the Second World War. The city today offers a variety of real estate options, from affordable and low-maintenance condominiums and townhouses to charming cottages and bungalows.
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Price Range of Lawndale Houses
The conclusion of World War II brought increase in post-war, veteran housing into Lawndale and the city’s rural atmosphere slowly transformed into that of a modern residential community. The city’s proximity to Los Angeles and affordable home prices continue to make Lawndale an attractive place to live. From multi-level million dollar estate properties overlooking the Pacific Ocean to the smaller cottage, bungalow or condominium, housing options are numerous and diverse in Lawndale. A large majority of residents rent attractive one-, two- or three-bedroom condominiums and townhouses, which range in price from the lower $200,000s to more than $800,000. Single-family houses are also available in some of the new subdivisions, as well as the more historic areas, such as Lawndale Acres. Prices range from $400,000 to more than $800,000. Land and lots for custom development are strictly limited.
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Lawndale Real Estate Stats and Trends for the week of May 14th, 2012: homes priced around $357,106 compared to $366,421 the previous week, showing a decrease of less than -3%. For Saturday, May 19th, the current national mortgage rate for a 30 year fixed mortgage is 3.73%; the 15 year fixed rate is at 3.03%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.39%, while the 15 year jumbo rate currently is at 3.60%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Lawndale CA. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Lawndale to help you find the best home!
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