4162 W 162nd Street
Lawndale, CA, 90260
$675,000
MLS: SB26122787
Beds
3
Baths
2
Sq Ft
1,090
Lot
0.13 ac
Year Built
1949
MLS #
SB26122787
Days on Market
0
Listed
Jun 12, 2026
Description
Available for the first time in 4 decades, this well-loved home offers the chance to enjoy today while exploring future redevelopment potential on an R-2 zoned lot in the South Bay. Nestled mid-block, the property offers flexibility for owner-users, investors, and those seeking a value-add opportunity. A grassy front yard accented by planting beds and a charming covered front porch creates a warm welcome. The driveway provides convenient off-street parking for 2 vehicles. Inside, the spacious living room accommodates both living and office areas and features a sliding glass door to the patio and backyard. The sunny eat-in kitchen features abundant cabinetry, terrazzo-style countertops and backsplash, a corner sink with a window outlook, pantry storage, gas range, refrigerator, and a comfortable dining area. A full hall bathroom with neutral finishes serves the living areas and 2 of the 3 bedrooms. The 1st bedroom offers a ceiling fan and generous closet space. A step-down addition creates the largest bedroom, highlighted by a beamed ceiling, closet wall, and sliding glass door to the patio and backyard. The original carport has been incorporated into the home's footprint and now provides a versatile 3rd bedroom that also functions well as a den, with a dedicated 3/4 bathroom, and a spacious workshop/utility/laundry room complete with a washer and dryer, perfect for the hobbyist. The backyard features an existing pool ready for restoration or reimagining. Adding to the appeal, the R-2 zoning may allow for future development of 2 units plus ADU/JADU opportunities, offering additional flexibility for investors and developers (Buyer to verify with the City of Lawndale). Whether your vision is to renovate and enjoy, generate rental income, land bank for the future, or explore redevelopment possibilities, this property offers options that are increasingly difficult to find. Conveniently located near Alondra Park and Golf Course, El Camino College, major transportation corridors, and aerospace employers including SpaceX, this central South Bay location places shopping, dining, entertainment, coastal attractions, Manhattan Beach, Del Amo Fashion Center, and greater Los Angeles all within easy reach. Whether your plans include owner-occupancy, rental income, renovation, or future redevelopment, this versatile property offers the flexibility to pursue a variety of goals. Bring your imagination and seize the opportunity to unlock its full potential before it is gone.
Location
Lawndale, Los Angeles County, CA 90260
Open on Google Maps ↗Listed by: Gabrielle Herendeen · Estate Properties
Payment estimate
$5,104
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $67,500 · Loan: $607,500
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,848
- Property tax (1.25%)
- $703
- Homeowners insurance
- $300
- Mortgage insurance
- $253
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Lawndale home with as little as 3.5% down using an FHA loan — roughly $23,625 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
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