Redwoods are a fabulous building material. If you’re in the Bay Area, go check your houses joists. Quite a number of old houses here are made of redwood. AFAIK it makes a great wood for joists and structures because it it’s resistant to pests. My nearly 100 year old house’s joists are in fantastic condition. Big, beautiful beams, nearly completely clear and free from knots.
The reason it’s rarely used today is because we’ve cut down all the good trees and it’s wildly uneconomical to grow compared to cheaper woods.