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426 Rainbow Ave, Los Angeles, CA, 90065

$999,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
744 SqFt
$1,343/SqFt
House
Schools Nearby

Location

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426 Rainbow Ave, Los Angeles$999,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCarport, Driveway
Year Built1949
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewCanyon
MLS #23332795
Lot Size0.26 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 426 Rainbow Ave

Big Bear meets NELA at this chic modern cabin nestled in Mount Washington's Rainbow Canyon! This sale includes 2 adjacent lots that total 11,484 sq ft. Enjoy serene living in this newly renovated retreat, on an expansive oversized lot. Step into this beautifully updated multi-level home, where the main level upstairs greets you with a bright and cheery entertainer's dream: an open layout drenched in natural light where living room leads seamlessly into the inviting kitchen clad in warm wood custom cabinetry, all new appliances, integrated hood, Quartz countertops, stunning Zia tile backsplash and center island offers generous storage + breakfast bar. Double doors open out to an expansive new deck with stunning views of the surrounding lush hillsides, perfect for dining al fresco and a swing chair ideal for lazy afternoons with a glass of wine or cup of joe. Top floor also features a spacious hall bath with shower boasting beautifully stacked wide subway tiles and chic penny floor tile. First floor features a casual entertaining space with a built-in office nook in addition to an ensuite bedroom where bathroom features beautiful earthy Bedrosians tiles and matte black fixtures. Step outside and enjoy lounging & entertaining around a fire pit on the gravel pad + sprawling green lawn. Steps lead down to an expanse of untapped potential where your future dream ADU, pool or magazine-worthy terraced gardens await to be manifested! Carport & parking pad for easy off-street parking + ample storage next to carport. Many updates including white oak wood floors, updated electrical, plumbing, new windows throughout, HVAC and more. In the Mount Washington Elementary school district (per LAUSD). Enjoy the peace & quiet of the hills while being minutes from an array of eateries and shops on York Bld, Figueroa and much more. Welcome home!

Property Details

Property Features

Property Information:

  • Year Built: 1949
  • Stories: 2
  • Living Area: 744 SqFt

Listing Office:

  • Office Name: ACME Real Estate
  • Office Phone: (323) 596-0006
  • Listing Agent: Andrew Sanchez

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Refrigerator
  • Flooring Type: Tile, Wood
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Canyon

Parking Information:

  • Parking: Carport, Driveway

Lot Features

Lot Information:

  • Lot Size: 0.26 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Benjamin Franklin Senior High School, Public Magnet Grades 9-12
  • Abraham Lincoln Senior High School, Public Magnet Grades 9-12
  • Woodrow Wilson Senior High School, Public Magnet Grades 9-12
  • Florence Nightingale Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Washington Irving Middle School Math, Music and Engr, Public Magnet Grades 6-8
  • Mt. Washington Elementary School, Public District Grades KG-6
  • Latona Avenue Elementary School, Public District Grades KG-6
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6

Other

Directions Information:

  • Directions: Avenue 45 & Marmion Way.

Price Information

Listing Price Info

Price Summary:

  • List Price: $999,000
  • Price Per SqFt: $1,343/SqFt
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

426 Rainbow Ave vs Los Angeles

166 DAYS ON ROCKET

+132 Days

$999,000

+$23K More

$1,343/SqFt

+$715 More

KEY TAKEAWAY

This property is $23K more than the Median Sold Price and $715/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #23332795

Listing Office:

  • Office Name: ACME Real Estate
  • Office Phone: (323) 596-0006
  • Listing Agent: Andrew Sanchez

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 7:25:22 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4337983
8
/10

  • Mt. Washington Elementary School

  • 3981 San Rafael Ave

  • 0.43 miles

  • Public District Grades KG-6

school-card-donut-4337984
6
/10

  • Latona Avenue Elementary School

  • 4312 Berenice Ave

  • 0.77 miles

  • Public District Grades KG-6

school-card-donut-4337985
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 7.73 miles

  • Public Magnet Grades KG-6

Middle School

school-card-donut-4337986
4
/10

  • Florence Nightingale Middle School

  • 3311 N Figueroa St

  • 0.93 miles

  • Public District Grades 6-8

school-card-donut-4337987
4
/10

  • Studio

  • 2211 W Avenue 30

  • 1.46 miles

  • Public District Grades 6-8

school-card-donut-4337988
7
/10

  • Washington Irving Middle School Math, Music and Engr

  • 3010 Estara Ave

  • 2.01 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-4337989
5
/10

  • Benjamin Franklin Senior High School

  • 820 N Avenue 54

  • 1.32 miles

  • Public Magnet Grades 9-12

school-card-donut-4337990
5
/10

  • Abraham Lincoln Senior High School

  • 3501 N Broadway

  • 1.79 miles

  • Public Magnet Grades 9-12

school-card-donut-4337991
4
/10

  • Woodrow Wilson Senior High School

  • 4500 Multnomah St

  • 2.54 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $130,714. Typical income of Los Angeles, CA residents is between $100k-200k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 426 Rainbow Ave

What is the listing price of this property?

The listing price of 426 Rainbow Ave property is $999,000.

What type of property is this?

The property 426 Rainbow Ave is a house located in Los Angeles, California, 90065.

Is this property for sale now?

Accepting Backup Offers: 426 Rainbow Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 426 Rainbow Ave are:
Mt. Washington Elementary School: GreatSchools Rating 8/10
Latona Avenue Elementary School: GreatSchools Rating 6/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Florence Nightingale Middle School: GreatSchools Rating 4/10
Studio: GreatSchools Rating 4/10
Washington Irving Middle School Math, Music and Engr: GreatSchools Rating 7/10
Benjamin Franklin Senior High School: GreatSchools Rating 5/10
Abraham Lincoln Senior High School: GreatSchools Rating 5/10
Woodrow Wilson Senior High School: GreatSchools Rating 4/10

How many bedrooms and bathrooms does this property have?

The property at 426 Rainbow Ave has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 426 Rainbow Ave is 744 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 426 Rainbow Ave is 1949.

Rocket Homes›California›Los Angeles County›Los Angeles›90065›426 Rainbow Ave

This home is located at 426 Rainbow Ave in Los Angeles, CA and zip code 90065 in the Northeast LA neighborhood. This 744 square foot home, which was built in 1949, sits on a 0.26 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 17, 2023 and is currently priced at $999,000.

In March 2024, from all listings sold in Los Angeles, CA there were more than 628 sold above asking price, over 579 sold below and more than 196 were sold right at the asked price. The number of homes for sale in Los Angeles, CA increased by 10.8% between February 2024 and March 2024. In March 2024 median list price was $975,970 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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