428 Rialto Avenue, Venice, CA 90291
428 Rialto Avenue, Venice, CA 90291
Property Description
Rarely does an opportunity like this come along, a double lot in a prime Venice location! This unique property features two charming single-family homes, currently serving as a family compound, offering endless possibilities. The first home is a delightful Craftsman-style 2-bedroom, 1-bath residence with vaulted ceilings that create an airy, light-filled space. The open-concept living area invites effortless flow and comfort. The second home, a spacious 3-bedroom, 2-bath gem, boasts similar open-plan living and extends seamlessly to a private, serene deck, perfect for soaking up the sunshine or hosting intimate gatherings. What makes this property even more special? Fully approved plans and permits are in place to build a stunning 2,340 sq. ft. modern beach house, making it an ideal investment for your future vision. Additional perks include parking for up to four cars, ample storage, and lush yard spaces to enjoy. Nestled close to the vibrant Abbot Kinney Boulevard and just minutes from the beach, this property combines charm, potential, and a coveted lifestyle. Don't miss this chance to create your dream in the heart of Venice!
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Venice · Single Family Residence
Listed 58.0% above the median closed sale of $2,525,000. Price per sqft ($1,918) is a 64% premium to closed comps ($1,168). Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 340 Rennie Avenue | Venice | 1905 | 5 | 5 | 2,283 | 6,361 | $1,138 | $2.60M | 803 | 79 |
| 805 Crestmoore Place | Venice | 1922 | 4 | 3 | 2,364 | 4,200 | $952 | $2.25M | 45 | 75 |
| 722 California Avenue | Venice | 1925 | 4 | 3 | 2,617 | 5,376 | $1,318 | $3.45M | 31 | 74 |
| 870 Rose Avenue | Venice | 1946 | 4 | 3 | 2,433 | 6,252 | $980 | $2.38M | 2 | 71 |
| 1126 Indiana Avenue | Venice | 1954 | 4 | 4 | 2,523 | 5,938 | $1,207 | $3.04M | 108 | 68 |
| Total: 5 · Average | 4.2 | 3.6 | 2,444 | 5,625.4 | $1,119 | $2.75M | 197.8 | |||
| Median | 2,433 | $2.60M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1519 Glyndon Avenue | Venice | 1949 | 08/18/2026 | 4 | 3 | 2,248 | 5,949 | $2.10M | $2.15M | $954 | 1.02 | 32 | 86 |
| 1025 Nowita Place | Venice | 1940 | 06/18/2026 | 5 | 3 | 2,193 | 4,783 | $2.60M | $2.60M | $1,183 | 1.00 | 49 | 80 |
| 837 Venice Blvd | Venice | 1920 | 08/25/2026 | 4 | 3 | 2,170 | 5,625 | $1.70M | $1.70M | $783 | 1.00 | 75 | 80 |
| 223 Howland Canal | Venice | 1962 | 09/22/2026 | 4 | 4 | 1,958 | 2,849 | $2.99M | $2.90M | $1,481 | 0.97 | 73 | 76 |
| 2904 Beach Avenue | Venice | 1947 | 09/04/2026 | 4 | 4 | 1,754 | 3,615 | $2.79M | $2.52M | $1,440 | 0.90 | 29 | 66 |
| Total: 5 · Average | 4.2 | 3.4 | 2,064.6 | 4,564.2 | $2.37M | $2.37M | $1,168.2 | — | 51.6 | ||||
| Median | 2,170 | $2.52M | $2.52M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.