The area was urbanized from the mid 1960s, and connected to the city centre with metro line 5 from 1966.
The area is named after Rødtvet farm (Rødtvetveien 14), which in the Middle Ages belonged to the monastery at Hovedøya.
"Tvet" comes from the Old Norse Þveit, which means "small piece of land", while "rød" stands uninterpreted.
The area was farmland until the 1800s, when a number of smaller industries appeared.
Situated in rented facilities behind the church is today the Norwegian Hindu Cultural Centre, which annually hosts a large-scale festival that attracts Hindus from all over Northern Europe.