2 months on rocket

518 Rialto Ave, Venice, CA, 90291

$1,325,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Baths
1,196 SqFt
$1,108/SqFt
House
Schools Nearby

Location

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518 Rialto Ave, Los Angeles$1,325,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingPrivate
Garage2 spaces
Year Built1923
HeatingWall Furnace
CoolingNone
MLS #24355817
Lot Size0.06 Acres
StatusActive

About 518 Rialto Ave

NEW AND IMPROVED PRICE! DELIVERED VACANT! Charming duplex in the Hub of Venice, otherwise known as the Windward Circle area. Side by side 1 bed/1 bath units feature wood floors and period crown molding. Built in bookcases provide an organic transition between living and dining areas. Updated kitchen features contemporary gas stove and refrigerator. Stackable washer and dryer are conveniently located in the adjacent service porch on each unit. Each unit comes with its own large, private garage, with attic like storage. New price reflects condition of property according to reports provided. Property sold As-is, no credits or repairs.

Property Details

Property Features

Property Information:

  • Year Built: 1923
  • Stories: 1
  • Living Area: 1,196 SqFt

Listing Office:

  • Office Name: eXp Realty of Greater Los Angeles
  • Office Phone: (888) 652-1314
  • Listing Agent: Abe Sassoon

Interior Features

Interior Information:

  • Appliances: Refrigerator, Dryer, Washer
  • Flooring Type: Wood

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Private

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

School Info

Assigned Schools Information:

  • Venice Senior High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Mark Twain Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Westminster Avenue Elementary School, Public Magnet Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: Between Abbot Kinney and Windward Circle

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,325,000
  • Price Per SqFt: $1,108/SqFt

Tax Information:

  • Annual Amount: $5,808
  • Tax Year: 2021
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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

518 Rialto Ave vs Los Angeles

81 DAYS ON ROCKET

+47 Days

$1,325,000

+$349K More

$1,108/SqFt

+$480 More

KEY TAKEAWAY

This property is $349K more than the Median Sold Price and $480/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: #24355817

Listing Office:

  • Office Name: eXp Realty of Greater Los Angeles
  • Office Phone: (888) 652-1314
  • Listing Agent: Abe Sassoon

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: 4/29/2024, 3:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 26, 1992Home Sold
$298,000
Feb 03, 1992Home Sold
$245,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,808$477,264
2020$5,635$472,371
2019$5,588$463,110
2018$5,469$454,030
2017$5,469$445,129

History based on county public records data.

Payment Calculator

$6,681

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,039

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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-2848689
5
/10

  • Westminster Avenue Elementary School

  • 1010 Abbot Kinney Blvd

  • 0.37 miles

  • Public Magnet Grades KG-5

school-card-donut-2848690
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 9.57 miles

  • Public Magnet Grades KG-6

school-card-donut-2848691
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 16.93 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-2848692
6
/10

  • Mark Twain Middle School

  • 2224 Walgrove Ave

  • 1.46 miles

  • Public Magnet Grades 6-8

school-card-donut-2848693
4
/10

  • Studio

  • 2211 W Avenue 30

  • 15.41 miles

  • Public District Grades 6-8

High School

school-card-donut-2848694
6
/10

  • Venice Senior High School

  • 13000 Venice Blvd

  • 1.32 miles

  • Public Magnet Grades 9-12

school-card-donut-2848695
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 14.13 miles

  • Public Magnet Grades 9-12

school-card-donut-2848696
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 14.97 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 $79,107. Residents of Los Angeles, CA typically earn between $35k-100k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 518 Rialto Ave

What is the listing price of this property?

The listing price of 518 Rialto Ave property is $1,325,000.

What type of property is this?

The property 518 Rialto Ave is a house located in Venice, California, 90291.

Is this property for sale now?

Active Listing: 518 Rialto Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 518 Rialto Ave are:
Westminster Avenue Elementary School: GreatSchools Rating 5/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Mark Twain Middle School: GreatSchools Rating 6/10
Studio: GreatSchools Rating 4/10
Venice Senior High School: GreatSchools Rating 6/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,808 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 26, 1992 for $298,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 518 Rialto Ave has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 518 Rialto Ave is 1,196 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 518 Rialto Ave is 1923.

Rocket Homes›California›Los Angeles County›Los Angeles›90291›518 Rialto Ave

This home is located at 518 Rialto Ave in Venice, CA and zip code 90291 in the Venice neighborhood. This 1,196 square foot home, which was built in 1923, sits on a 0.06 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 08, 2024 and is currently priced at $1,325,000.

Los Angeles, CA housing market in March 2024 saw over 628 listings sold above listed price, more than 196 sold at listed price and over 579 sold below. 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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