12924 Spinning Avenue, Gardena, California 90249, Gardena, 90249 - 4 bed, 2 bath
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Gardena, California 90249
This Value-Add Mid-Century Residence is listed at $875,000, which sits above the $786,056 Fair Market Value due to its Substantial Living Space of 2,023 square feet. Despite a Poor Condition Rating and outdated 1955 finishes, the property offers significant upside through its Solar Panels and rare 4-bedroom layout. Located in the Hollypark area near Purche Avenue Elementary, the home provides a large-scale footprint for forced appreciation. This is a strategic acquisition for Fix-and-Flip Investors or Contractors looking to modernize a high-square-footage asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12924 Spinning Avenue Subject | $839,000* List Price | 4 | 2 | 2,023 | $373 | - |
A 13119 Purche Sold | $605,000 | 4 | 2 | 1,370 | $442 | 0.2 mi |
B 13301 Arcturus Sold | $780,000 | 3 | 2 | 1,665 | $468 | 0.3 mi |
C 12911 Daphne Sold | $730,000 | 3 | 2 | 1,547 | $472 | 0.1 mi |
D 13504 S Wilkie Avenue Sold | $695,000 | 3 | 2 | 1,442 | $482 | 0.5 mi |
E 13516 Purche Active | $799,000 List Price | 3 | 2 | 1,702 | $469 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1955 and featuring 'original charm,' the home is well-maintained but the kitchen and interior finishes are significantly outdated (likely 30-50 years old). Per the criteria, the age of the renovations and the need for a full interior rehab to modernize the space place it in the poor category.
At over 2,000 square feet with four bedrooms, this home offers a significantly larger interior footprint than the average mid-century property in Gardena, providing excellent value for growing families.
The inclusion of solar panels is a major financial asset, offering the new homeowner immediate savings on utility costs and increasing the property's long-term sustainability.
The property is well-maintained and features specific accessibility upgrades, such as a step-in bathtub, making it a rare and desirable find for seniors or multi-generational households.
While described as having 'original charm,' a 1955 home in this condition likely requires significant cosmetic updates to the kitchen and bathrooms to meet modern buyer expectations.
The property lacks any scenic views, which may be a disadvantage for buyers comparing this home to others in the South Bay area that offer neighborhood or city vistas.
Probate Sale subject to Court Confirmation. Original charm. Well maintained Mid Century home. Solar Panels. Step in bath tub for seniors or disabled. Over 2000 sq. Ft. Must see to appreciate. NOTE: The monthly Lease amount for the Solar system is an average. The payment is based upon the amount of energy produced each month.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 9-12 • 3.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 83% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,023 | 1,315 | 96% |
| Lot Size | 5,102 | 5,353 | 22% |
| Price | $839.0K | $834.5K | 50% |
| Price per sq ft | $415 | $633 | 4% |
| Built year | 1955 | 1953 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 117 | 7% |
May 17, 2026
$839,000
$875,000
-4% Price Drop
Initial Listing
May 3, 2026
$875,000
Initial Listing