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Back 538 Rialto Ave
Off Market

538 Rialto Ave

Los Angeles CA 90291

9
9
5
3101 sq. ft.
7654 sq. ft.
Other
Last sold for $1,725,000
Tyler KunkleTyler Kunkle, last sold this property on 20 June 2025 after 717 days on market.

Overview

Discover a truly unique investment property in the heart of Venice! Situated on a rare triple lot just blocks from the world-renowned Abbot Kinney Boulevard, the Rose Corridor, and iconic Venice Beach, this 8-bungalow compound offers unparalleled charm, location, and potential. Property Highlights: Unit Mix:(1) 2-bedroom, 2-bathroom unit, (2) 1-bedroom, 1-bathroom units, and (5) studios. The bungalows are centered around a picturesque courtyard adorned with a majestic tree, creating a serene, community-centric environment. Most units include their own private outdoor areas, perfect for soaking up the Southern California sun. Nestled on a quiet street, this property offers unbeatable walkability. Stroll to Abbot Kinney Boulevard for its trendy shops, cafes, and dining, or enjoy the vibrant energy of the Rose Corridor. With its premier location and versatile unit mix, this property, zoned RD1.5-1-0, presents massive 52% rental upside potential and over 9% cap rate at market rents. Whether you're an investor seeking a strong-performing asset or someone looking to curate a one-of-a-kind living community, this is a rare chance to own a piece of Venice's unique lifestyle. Don't miss this exceptional opportunity in one of Los Angeles' most coveted neighborhoods!

Features

9 bedrooms
9 bathrooms
5 carspaces
5 open car spaces
3101 sq. ft. floor area
7654 sq. ft. lot size
Other

Estimated Value

We need at least 3 similar 9 bedroom other properties sold in Los Angeles over the last 12 months.

Property history for 538 Rialto Ave

2025
Sold
$1,725,000
20 Jun 2025 by Tyler Kunkle, of Pardee Properties

Happy sellers in Los Angeles

60%
60% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.

Los Angeles stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Los Angeles over the last 12 months.

Local market activity for 9 bedroom other properties in Los Angeles

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