3445 S Redondo Boulevard, Los Angeles, California 90016, Los Angeles, 90016 - 2 bed, 1 bath
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3445 S Redondo Boulevard
Los Angeles, California 90016
ACTIVE
CONDITION: POOR
2Beds
1Baths
1,078Sq Ft
7,023Lot Size
Property Price
LIST PRICE$1,100,000
EST. MARKET VALUE
$1,052,437
4% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,100,000—positioned above the $1,052,438 Fair Market Value. While the pricing reflects the premium Baldwin Hills location, the 7,023 square foot lot provides significant Development Potential for an ADU or expansion. With a Condition Rating of 5, the home requires a full rehab, making it a classic value-add play. This asset is ideal for Buy-and-Hold Investors or Contractors looking to capitalize on the expansive lot and scenic city and mountain views.
Estimated Market Value
$1,052,437
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3445 S Redondo Boulevard Subject | $1,100,000* List Price | 2 | 1 | 1,078 | $976 | - |
A 5647 Spokane Sold | $914,000 | 2 | 1 | 1,021 | $895 | 0.6 mi |
B 5649 W Jefferson Boulevard Sold | $1,065,000 | 3 | 1 | 1,148 | $928 | 0.6 mi |
C 2738 Thurman Sold | $856,000 | 3 | 1 | 1,075 | $796 | 0.6 mi |
D 2754 S Cloverdale Avenue Sold | $830,000 | 3 | 2 | 820 | $1,012 | 0.3 mi |
E 2716 Thurman Avenue Sold | $986,000 | 3 | 2 | 1,377 | $716 | 0.6 mi |
F 2753 S Rimpau Boulevard Active | $995,000 List Price | 2 | 1 | 1,284 | $775 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1940 and marketed with 'original character' and as a 'value-add play,' the property likely retains 80-year-old systems, kitchen, and bath requiring a full rehab; however, 'strong bones' suggest it is not yet a total tear-down.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7023, living area = 1078.
- Significant Development Potential
The oversized 7,023 square foot lot offers a rare opportunity for expansion or the addition of an ADU, providing substantial upside for investors or homeowners looking to maximize value.
- Prime Central Location
Ideally situated in the high-demand Baldwin Hills area, the property provides excellent proximity to the Expo Line, Culver City, and DTLA, making it a strategic choice in a fast-appreciating neighborhood.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
Retaining its original 1940s character, the home is positioned as a 'value-add' play, implying the need for significant capital investment to modernize the systems and finishes.
- Limited Interior Footprint
With only two bedrooms and a single bathroom across 1,078 square feet, the current configuration may be too small for many modern buyers without a costly expansion.
About 3445 S Redondo Boulevard
A rare value-add play in one of LA's fastest appreciating neighborhoods. This 2-bedroom, 1-bath home offers 1,078 square feet of original 1940 character on a amazing 7,023 square foot lot, with strong bones and tremendous upside. The expansive lot opens the door to real possibility reimagine the existing footprint, expand the home, or explore an ADU to maximize income potential (Buyer to verify all use and development options with the city). Ideally located in the heart of the Baldwin Hills area. You are minutes from the Expo Line, Culver City, Leimert Park and DTLA. This is a one in a lifetime opportunity. Don't miss your chance to live in this beautiful area.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1940
- Lot Size
- 7,023 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,078 | 1,664.159 |
| Lot Size | 7,023 | 6,066.556 |
| Price | $1.10M | $1.35M |
| Price per sq ft | $1.0K | $806 |
| Built year | 1940 | 1939 |
| HOA | $0 | $278 |
| Days on market | 27 | 55 |
Pricing History
Listed for Sale
Aug 13, 2026
$1,100,000
Initial Listing