3505 Redwood Avenue, Los Angeles, California 90066, Los Angeles, 90066 - 3 bed, 1 bath
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Los Angeles, California 90066
This 1941 Mar Vista Fixer is a High-Potential Investment Opportunity in the prestigious "Wood Streets" neighborhood. Listed at $1,799,950 against a $1,563,111 Fair Market Value, the price reflects the significant development potential of the 5,025 sq ft corner lot. Carrying a Condition Rating of 5, the home requires total rehabilitation, but the detached garage with alley access and private patio offer immense upside for forced appreciation. Near Walgrove Avenue Elementary and Venice Senior High, this is a strategic acquisition for Fix-and-Flip Investors or Builders.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3505 Redwood Avenue Subject | $1,699,000* List Price | 3 | 1 | 1,008 | $1,520 | - |
A 3508 Ashwood Avenue Sold | $1,600,000 | 3 | 2 | 1,144 | $1,399 | 0.1 mi |
B 3471 Beethoven Street Sold | $1,500,000 | 2 | 1 | 1,101 | $1,362 | 0.3 mi |
C 12719 Rose Avenue Sold | $1,885,000 | 3 | 1 | 1,148 | $1,642 | 0.6 mi |
D 4040 Tivoli Avenue Sold | $1,355,000 | 2 | 2 | 1,099 | $1,233 | 0.9 mi |
E 3456 Beethoven Street Sold | $1,650,000 | 3 | 1 | 1,221 | $1,351 | 0.3 mi |
F 3565 Greenwood Avenue Sold | $1,600,000 | 2 | 1 | 1,264 | $1,266 | 0.2 mi |
G 3360 Halderman Pending | $1,899,000 List Price | 3 | 2 | 1,223 | $1,553 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This 1941 property is explicitly marketed as a 'fixer' and is being sold in its current as-is condition for the first time in over 60 years. The kitchen and single bathroom feature extremely dated cabinetry, tiling, and fixtures that appear to be original or several decades old. With original hardwood floors, dated wall heaters, and a lack of modern updates, the home requires substantial rehabilitation and modernization of all major systems and interior finishes.
Situated in the highly desirable 'Wood Streets' neighborhood, the property is surrounded by multi-million dollar homes and offers excellent proximity to Venice, Culver City, and Westside beaches.
The generous corner lot features a detached garage with convenient alley access, providing a versatile canvas for builders or homeowners to expand, rebuild, or explore ADU possibilities.
Offered for the first time in over 60 years, this property represents a rare 'blank slate' opportunity in a high-demand area with significant long-term equity growth potential.
The property is being sold in its current condition with no seller repairs, necessitating a substantial additional budget for modernization and structural updates.
With only 1,008 square feet of living space and a single bathroom serving three bedrooms, the current layout lacks the functional scale and convenience expected by modern luxury buyers.
Rare opportunity is purchase this amazing livable FIXER! First time on the market in over 60 years! Perfect for Builders, Investors, and Home Buyers who want to create their Dream Home. Built in 1941, This charming 3 bedroom home is located in the highly desirable tree lined "Wood Streets" neighborhood of Mar Vista situated among many multi million dollar homes. The generous corner lot has a beautifully landscaped front yard and a spacious back yard with a covered patio and extra storage. Perfect for entertaining. There is a detached garage with convenient alley access. Family owned since 1966! Close to Beaches, schools, shopping, parks and all of the wonderful Westside amenities. Prime Mar Vista location with easy commute to Venice, West LA, Culver City, and the Marina. This is the Incredible opportunity you've been looking for! Property is being sold in its current as-is condition. Sellers will make no repairs.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.4 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 3.0 | 15% |
| Square foot | 1,008 | 1,809 | 7% |
| Lot Size | 5,025 | 5,683.5 | 29% |
| Price | $1.70M | $2.00M | 35% |
| Price per sq ft | $1.7K | $1.2K | 93% |
| Built year | 1941 | 1950 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 48 | 168 | 7% |
Mar 22, 2026
$1,699,000
$1,799,950
-6% Price Drop
Initial Listing
Mar 10, 2026
$1,799,950
$1,850,000
-3% Price Drop
Initial Listing
Mar 5, 2026
$1,850,000
Initial Listing