See Home Value
$2,007,147*
House - Off Market

522 Rialto Ave

Venice, CA 90291
bedrooms
2 Beds
bathrooms
2 Baths
$1,796,000 - $2,194,000
Reference Base Price*
0.61%
Since Apr 1, 2022
CA-Los Angeles
Primary Model
Sold Jul 26, 2022
$5,650,000
$3,640,000 by Stewart Kelsey
Mortgage
Sold Jul 05, 2018
$5,500,000

About This Property

Situated one block from the restaurants & boutiques on Abbot Kinney and a short stroll to the beach, this is Venice Beach living at its best! // What to know: This California bungalow has been reimagined and transformed into a stylish home, with two separate detached flex spaces. // What you'll love: Inside the home, you'll find light wood flooring with contrasting dark wood ceilings and sleek modern finishes creating a warm, yet sophisticated living space. An open floorplan seamlessly connects the indoor/outdoor areas to expand your living space and enjoy the cool ocean breezes. // Your favorite spot will be: The detached studio/guest house as well as an additional detached flex space, which can be used as a work from office, yoga/work out space or art studio. There is also an outdoor patio space for dining al fresco under the stars or just lounging soaking up the sun. Additionally, there is gated parking available for two cars in the private driveway. // Notable about the neighborhood: The location can't be matched with its proximity to all Venice attractions. Bike to the beach or walk to the best eateries and shops on Abbot Kinney in under 2 minutes!
Unit Size
-
Days on Market
-
Land Size
0.06 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1942

Price History

Date / Event Date Event Price
Jul 26, 2022 Sold $5,650,000
Sold
Mar 29, 2022 No longer available -
No longer available
Oct 27, 2021 Price Decreased $1,995,000
↓ $255K (11.3%)
Price Decreased
Oct 8, 2021 Price Decreased $2,250,000
↓ $200K (8.2%)
Price Decreased
Sep 23, 2021 Listed $2,450,000
Listed

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,551
  • Total Building Area: 440
  • Building Area: 440
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 440
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VENICE OF AMERICA TRACT
  • Land Acres: 0.059
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VENICE OF AMERICA LOT 23 BLK 19

Ownership

  • Current Owner : BAY STREET CAPITAL HOLDINGS LLC
  • Previous Owner : SIMONS FAMILY TRUST
  • Owner Before Previous Owner: HEINS SAMUEL
  • Owner Before Previous Owner 2: MILLS HEINS STACEY
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 273502

Zoning

  • Zoning: LARD1.5

Geography

  • Parcel: 4238-016-030
  • Block: 19
  • Lot: 23
  • Municipality: WEST /VENICE SOUTH
  • Latitude: 33.9889
  • Longitude: -118.467

    Address

  • Full Address: 522 Rialto Ave
  • Address - House Number: 522
  • Address - Street Name: Rialto
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Venice
  • Carrier Code: C046
  • 4-Digit Zip Code: 4248
  • Zip Code: 90291

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,837
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2265
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 68
  • Final Value: 3,928,357
  • High Value: 4,818,252
  • Low Value: 3,038,463

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $3,865,000
  • First Open Lien Mortgage Lender: STEWART KELSEY
  • First Open Lien Mortgage Recording Date: Jul 26, 2022
  • First Open Lien Mortgage Loan Amount: $3,640,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Private Lender: T
  • Second Open Lien Mortgage Recording Date: Jul 26, 2022
  • Second Open Lien Mortgage Loan Amount: $225,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,000,000
  • Assessed Land Value: $1,800,000
  • Assessed Improvements Value: $200,000

    Sales

  • Current Sale Contract Date: May 10, 2022
  • Current Sale Recording Date: Jul 26, 2022
  • Current Sale Transaction ID: 11892609254
  • Current Sale Price: $5,650,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 756804
  • Previous Sale Recording Date: Jul 05, 2018
  • Previous Sale Contract Date: Jun 19, 2018
  • Previous Sale Amount: $5,500,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: STEWART KELSEY
  • First Mortgage Transaction Date: Jul 26, 2022
  • First Mortgage Loan Amount: $3,640,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • Second Mortgage Loan Amount: $225,000



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
2 Baths
943 ft²
$1,882/ft²
$1,775,000 Dec 1, 2022
-
-
House
2 Beds
1 Bath
1,283 ft²
$1,324/ft²
$1,699,000 Dec 5, 2022
-
-
Condo
2 Beds
3 Baths
2,316 ft²
$905/ft²
$2,095,000 Jan 18, 2023
-
$1,760/mo
Multifamily
2 Beds
-
-
$1,750,000 Oct 17, 2022
-
-
House
3 Beds
3 Baths
1,290 ft²
$1,705/ft²
$2,200,000 Jan 20, 2023
-
-
House
3 Beds
3 Baths
1,923 ft²
$1,170/ft²
$2,249,000 Dec 8, 2022
-
-
Townhouse
3 Beds
3 Baths
2,029 ft²
$912/ft²
$1,850,000 Jan 6, 2023
-
$1,726/mo
Multifamily
6 Beds
-
-
$1,975,000 Jan 21, 2023
-
-
Multifamily
Stu
-
1,755 ft²
$1,248/ft²
$2,190,000 Sep 26, 2022
-
-
Condo
4 Beds
3 Baths
2,040 ft²
$833/ft²
$1,699,000 Jan 18, 2023
-
$223/mo
Multifamily
5 Beds
-
-
$1,675,000 Jan 27, 2023
-
-

About West Los Angeles


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Frequently Asked Questions

When was property at 522 Rialto Avenue built and last sold?
The property at 522 Rialto Avenue was built in 1942 and last sold on May 10, 2022 for $5,650,000.
How much is this home worth?
The estimated value of the home located at 522 Rialto Avenue is $2,014,950.
What are some comparable homes to 522 Rialto Avenue?
There are currently no comparable homes to 522 Rialto Avenue.

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