4130 Redwood Avenue, Los Angeles, California 90066, Los Angeles, 90066 - 3 bed, 1 bath
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Los Angeles, California 90066
This property presents a High-Potential Investment Opportunity with a List Price of $1,350,000—positioned above the $1,194,900 Fair Market Value. While the property carries a Condition Rating of 6, its prime location in the 90066 zip code near Silicon Beach offers significant long-term appreciation. The 1,114 sqft lot provides a blank canvas for developers to maximize land value. With proximity to Top-Rated Schools like Farragut Elementary, this is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors focused on high-end residential redevelopment.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4130 Redwood Avenue Subject | $1,350,000* List Price | 3 | 1 | 1,114 | $1,073 | - |
A 12618 Greene Sold | $1,380,000 | 2 | 2 | 1,524 | $906 | 0.7 mi |
B 12516 Greene Avenue Sold | $1,300,000 | 3 | 2 | 1,248 | $1,042 | 0.8 mi |
C 4176 Mildred Avenue Sold | $1,475,000 | 3 | 1 | 1,204 | $1,225 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1941 (85 years old) with no evidence of renovations, this property is explicitly marketed as a 'prime opportunity for developers' to 'build a dream home.' The 'as-is' status, dated interior with window AC units, and emphasis on land value in a high-demand area align with the tear-down criteria.
Elementary School: Farragut Elementary School (9/10).
Situated in the highly desirable 90066 zip code, the property offers immediate proximity to Silicon Beach, Venice Beach, and Marina del Rey, ensuring strong long-term appreciation and lifestyle appeal.
This property serves as an ideal canvas for developers or investors to renovate or build a custom luxury residence in a neighborhood where modernized homes command significant premiums.
The property is sold in 'as-is' condition, implying the need for substantial additional capital investment for structural repairs, modernization, or a complete teardown.
The current configuration of three bedrooms with only one bathroom and a modest 1,114 square feet of living space may be restrictive for modern buyer expectations without a significant expansion.
Home located in an unbeatable location. Situated in the highly sought-after 90066 zip code, just minutes from Silicon Beach, Venice Beach, Marina del Rey, and downtown Culver City. This home has endless potential, a prime opportunity for developers, investors, or owner-users to renovate or build a dream home in a rapidly appreciating neighborhood. Property "SOLD AS IS".
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-5 • 0.8 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,114 | 1,672 |
| Lot Size | 4,146 | 6,067 |
| Price | $1.35M | $1.37M |
| Price per sq ft | $1.2K | $801 |
| Built year | 1941 | 1939 |
| HOA | $0 | $348 |
| Days on market | 67 | 56 |
May 16, 2026
$1,350,000
Initial Listing
Dec 2, 1999
$235,000
Public Record