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4226 Redwood Avenue, Los Angeles, California 90066, Los Angeles, 90066 - 3 bed, 2 bath

4226 Redwood Avenue, Los Angeles, California 90066 home-pic-0
ACTIVE$1,350,000
4226 Redwood Avenue, Los Angeles, California 90066
3Beds
2Baths
1,394Sqft
5,573Lot
Year Built
1941
Close
-
List price
$1.35M
Original List price
$1.35M
Price/Sqft
$968
HOA
-
Days on market
-
Sold On
-
MLS number
25595501
Home ConditionPoor
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 3% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.35M(14th), sqft - 1394(24th), beds - 3(50th), baths - 2(47th).

An incredible opportunity awaits builders, developers, and end-users! Situated on a spacious 5,573 sq ft lot in the heart of Del Rey, this single-family home features 2 bedrooms and 2 bathrooms with open, light-filled spaces, provides an ideal canvas to create your dream home. There are 1 permitted storage (100sqft, in backyard) and 1 unpermitted bedroom (209sqft). Enjoy a prime location just minutes from Marina del Rey, Venice Beach, Silicon Beach, and the Westside. Walk only 5 minutes to shops, restaurants, coffee houses, banks, movie theater, Costco, and public transit. The beach is just 2 miles away, and the marina is only 1 mile from your door. Quick access to LAX, Sony and Amazon Studios, shopping centers. Showing is by appointment only.

Nearby schools

6/10
Short Avenue Elementary School
Public,•K-6•0.4mi
8/10
Coeur D'Alene Avenue Elementary School
Public,•K-5•0.9mi
7/10
Beethoven Street Elementary School
Public,•K-5•1.0mi
6/10
Grand View Boulevard Elementary School
Public,•K-5•1.0mi
5/10
Braddock Drive Elementary School
Public,•K-5•1.3mi
3/10
Stoner Avenue Elementary School
Public,•K-5•1.5mi
8/10
Playa Del Rey Elementary School
Public,•K-5•1.7mi
6/10
La Ballona Elementary School
Public,•K-5•2.3mi
9/10
Farragut Elementary School
Public,•K-5•2.5mi
8/10
El Rincon Elementary School
Public,•K-5•2.8mi
2/10
Marina Del Rey Middle School
Public,•6-8•0.9mi
4/10
Mark Twain Middle School and World Languages Magnet
Public,•6-8•0.9mi
7/10
Culver City Middle School
Public,•6-8•2.5mi
6/10
Venice Senior High School
Public,•9-12•0.7mi
8/10
Culver City High School
Public,•9-12•2.4mi

Price History

Date
Event
Price
09/22/25
Listing
$1,350,000
02/16/17
Sold
$1,015,000
Condition Rating
Poor
Built in 1941, the property is explicitly marketed as an 'ideal canvas' for 'builders, developers, and end-users' requiring 'extensive renovation, modernization, or complete redevelopment.' The absence of kitchen and bathroom images, coupled with the property's age and the listing's emphasis on development potential, strongly suggests these critical areas are in very poor or original condition, necessitating substantial repairs and rehabilitation. The visible interior spaces, while clean, appear dated with older windows and basic finishes, reinforcing the need for a major overhaul.
Pros & Cons

Pros

Great Schools: Elementary School: Farragut Elementary School (9/10).
Exceptional Location & Walkability: Prime Del Rey location offering high walkability to shops, restaurants, and public transit (5 mins), and minutes from major hubs like Marina del Rey, Venice Beach, Silicon Beach, LAX, and studios.
Significant Development Potential: Marketed as an 'incredible opportunity' for builders, developers, and end-users, providing an 'ideal canvas' to create a dream home, indicating high potential for renovation or redevelopment.
Generous Lot Size: A spacious 5,573 sq ft lot offers ample room for expansion, landscaping, or new construction in a desirable urban area.
Coastal Proximity: Conveniently located just 2 miles from the beach and 1 mile from Marina del Rey, providing easy access to recreational activities and a coastal lifestyle.
Access to Quality Education: The property is situated within a district that offers access to several highly-rated public schools, enhancing its appeal for families.

Cons

Unpermitted Structure: The presence of an unpermitted bedroom (209 sqft) poses legal and financial risks, potentially requiring costly legalization or removal.
Age & Condition (Renovation Required): Built in 1941, the existing structure is an older home that likely requires extensive renovation, modernization, or complete redevelopment, implying substantial additional investment beyond the purchase price.
Limited Current Living Space: The existing 2-bedroom, 2-bathroom configuration (1394 sqft) is relatively modest for the lot size and current market expectations, suggesting a need for expansion or a new build to maximize value.

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