3506 S Redondo Boulevard, Los Angeles, California 90016, Los Angeles, 90016 - 3 bed, 2 bath
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3506 S Redondo Boulevard
Los Angeles, California 90016
ACTIVE
CONDITION: POOR
3Beds
2Baths
1,599Sq Ft
7,157Lot Size
Property Price
LIST PRICE$1,300,000
EST. MARKET VALUE
$1,109,197
17% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,150,000—positioned well above the $1,027,203 Fair Market Value by -11%. While the probate status requires court confirmation, the ~7,157 sq ft lot provides significant ADU development potential in the rapidly appreciating West Adams corridor. Featuring a Condition Rating of 5, the home serves as a blank canvas for structural modernization. This is a strategic acquisition for Buy-and-Hold Investors or Contractors focused on long-term value-add through renovation and expansion.
Estimated Market Value
$1,109,197
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 |
|---|---|---|---|---|---|---|
★ 3506 S Redondo Boulevard Subject | $1,300,000* List Price | 3 | 2 | 1,599 | $694 | - |
A 3411 S Cochran Avenue Sold | $1,050,000 | 3 | 2 | 1,572 | $668 | 0.2 mi |
B 2716 Thurman Avenue Sold | $986,000 | 3 | 2 | 1,377 | $716 | 0.7 mi |
C 5639 Coliseum Street Sold | $1,000,000 | 3 | 2 | 1,415 | $707 | 0.6 mi |
D 3551 Hillcrest Drive Sold | $950,000 | 3 | 2 | 1,530 | $621 | 0.9 mi |
E 5647 Spokane Sold | $914,000 | 2 | 1 | 1,021 | $895 | 0.7 mi |
F 5735 Bowesfield Street Active Under Contract | $1,005,000 List Price | 2 | 2 | 1,590 | $632 | 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 1941 and sold as-is via probate, this property is described as a renovation opportunity requiring immediate capital expenditure for modernization and repairs. The lack of recent updates to major systems, the presence of security bars, and the emphasis on 'restoring character' and 'significant upside' indicate the home is in mostly original, outdated condition needing substantial rehabilitation.
PROSSTRENGTHS & OPPORTUNITIES
- Development Potential
The oversized lot of over 7,100 sq ft provides a rare opportunity for expansion or the addition of an ADU, offering significant value-add potential in a dense urban market.
- Prime Growth Location
Situated in the rapidly appreciating West Adams neighborhood, the property benefits from close proximity to Culver City, major transit lines, and popular dining and shopping hubs.
- Character and Footprint
This 1940s home features approximately 1,600 sq ft of living space with original character, providing a solid foundation for a high-end renovation or restoration project.
CONSRISKS & DEFICIENCIES
- Complex Sale Process
As a probate sale requiring court confirmation and subject to overbid procedures, the acquisition process may be more time-consuming and uncertain than a standard transaction.
- As-Is Condition
The property is being sold in as-is condition, which likely necessitates immediate capital expenditure for repairs, modernization, or structural updates.
About 3506 S Redondo Boulevard
Probate Sale | Court Confirmation Required | West Adams Opportunity Exceptional opportunity in the heart of West Adams! This probate sale (subject to court confirmation) presents a rare chance to acquire a character-filled 1940s home on a generous ~7,100+ sq ft lot in one of Los Angeles' most sought-after growth neighborhoods. The property features 3 bedrooms and 1.5 bathrooms, with the third bedroom currently configured as a den/office, offering flexible living options for end-users or investors alike. With approximately 1,600 sq ft of living space, the home retains its original charm while providing a solid foundation for renovation, expansion, or customization. Situated on an oversized lot with ample outdoor space, the property offers excellent potential for an ADU or further development (buyer to verify). Ideal for those looking to create value, restore character, or design a modern living space in a prime central location. Property is currently being prepared for sale, please do not disturb occupants. Probate sale requiring court confirmation. All offers subject to overbid procedures. Sold as-is. Centrally located near Culver City, major transit, dining, and shopping. Don't miss this unique opportunity with significant upside in a rapidly appreciating area.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1941
- Lot Size
- 7,157 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,599 | 1,664.159 |
| Lot Size | 7,157 | 6,066.556 |
| Price | $1.30M | $1.35M |
| Price per sq ft | $813 | $806 |
| Built year | 1941 | 1939 |
| HOA | $0 | $278 |
| Days on market | 149 | 55 |
Pricing History
Listed for Sale
Aug 29, 2026
$1,300,000
$1,150,000
+13% Price Increase
Initial Listing
Price Change
Apr 13, 2026
$1,150,000
Initial Listing