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Sold for $1,840,000 · Nov 2020

SOLD

Listed at $1,892,000

Sold

554 RIALTO Avenue, Venice, CA 90291

Venice, CA

MLS# 20581902

1,182 Sq Ft • Single Family Home3bd • 2ba
143 days on market

Listing Agent

Robin Walpert

Listing Agent

Sotheby's International Realty

DRE #: 01237116

Brokerage: Sotheby's International Realty

Property Details

3

Bedrooms

2

Bathrooms

1,182 sqft

Square Feet

1921

Year Built

2,549 sqft

Lot Size

$1,557

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

Single Family Home

Property Type

Description

Impeccable remodel in the heart and soul of historic Venice Beach. Two detached dwellings used as a compound by one family. The original 1920's bungalow was extensively restored and upgraded, celebrating the charm and architectural integrity of yesteryear. 2 bed/1 ba with high-beamed wooden ceilings and incredible new top-of-the-line kitchen with vintage wood floors. Sunny, bright, and magical. The new 2019 rear unit offers an artsy and sleek aesthetic, perched amongst the treetops, with no expense spared to create the most stunning and fully-functioning studio. Both spaces are loaded with quality custom features creating an incredible living experience. Breezy outdoor space with handcrafted decking. New laundry/mud room and one car garage

Listing description from the November 2020 sale, as reported to CRMLS.

Facts & Features

Details

Cooling
WallWindowUnits
Heating
WallFurnace

Sale history for 554 RIALTO Avenue

2 recorded sales

$1,840,000
Sold November 2020 · listed $1,892,000, orig. $2,400,000, on market May 2020, 143 days on market · MLS #20581902 · Source: CRMLS
Listing Agent: Robin Walpert · Listing Office: Sotheby's International Realty · Contact: 310-396-5500 · Bought with: Andrea Zeus · Douglas Elliman of California, Inc.
$1,797,000
Sold September 2016 · listed $1,825,000, on market August 2016, 23 days on market · MLS #16151094 · Source: CRMLS
Listing Agent: James Bremner · Listing Office: Gibson International · Contact: 310-820-0195 · Bought with: Aaron Kirman · John Aaroe Group

How this sale compares

554 RIALTO Avenue sold for $1,840,000 in November 2020, 2.7% under its $1,892,000 list price, after 143 days on the market. It was first listed at $2,400,000. That works out to $1,557 per square foot on 1,182 square feet. Across 174 closed sales in 90291 over the last 12 months, the median sold price is $2,100,000 and the median is $1,217 per square foot, 22% below this sale's $1,557. 3-bedroom rentals in 90291 currently list at a median of $11,000 a month (31 listings).

$1,557
This sale, per sq ft
$1,217
90291 median per sq ft (12 mo)
$2,100,000
90291 median sold price (12 mo)
174
Closed sales in 90291 (12 mo)
143
Days on market
−2.7%
Sold vs. list price
QuarterClosed sales in 90291Median sold price
Q1 202620$2,132,500
Q2 202679$2,050,000
Q3 202664$2,130,000
Q4 202611$2,400,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Venice · Homes for sale in 90291

Recent sales near 554 RIALTO Avenue

Closed sales reported in 90291, nearest first, last 12 months. All recent sales in Venice →

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