Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
Under ContractCondominium

4727 W 147th Street 136

Lawndale, CA, 90260

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$349,000

MLS: TR26045609

Beds

2

Baths

2

Sq Ft

928

Lot

1.94 ac

Year Built

1974

MLS #

TR26045609

Days on Market

51

Listed

Mar 2, 2026

Description

***CASH ONLY*** Investor opportunity in the heart of Lawndale! Probate sale priced well below market value due to condition. This condo is a major fixer and will require repairs — ideal for cash buyers or experienced investors. Incredible upside potential in a desirable South Bay location near shopping, freeways, and just minutes to the beach. Sold AS-IS. Bring your vision and unlock the value! ideally situated within walking distance of the Green Line, making commuting to LAX or Downtown a breeze. Just a 15-minute drive to the pristine sands of El Porto and Manhattan Beaches, this home is also a short walk to the gym, schools, and a convenient shopping center. Cash buyers only due to condition of the property. CASH ONLY, NO FINANCING. Probate sale subject to court confirmation and possible overbid. Court confirmation scheduled for May 29, 2026 all terms are subject to court approval, buyer must be prepared to participate in the overbid process.

Location

Lawndale, Los Angeles County, CA 90260

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Listed by: Kimberly Avila · Realty Masters & Associates

Payment estimate

$2,724

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $34,900 · Loan: $314,100

%
Principal & Interest
$1,930
Property tax (1.25%)
$364
Homeowners insurance
$300
Mortgage insurance
$131
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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 Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

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 $12,215 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.

Local Market Stats

See Lawndale, CA 90260 market trends →

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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