428 Rialto Avenue
Venice, CA, 90291
(No pictures available yet)
$3,990,000
MLS: 26814225
Beds
5
Baths
3
Sq Ft
2,080
Lot
0.12 ac
Year Built
1910
MLS #
26814225
Days on Market
0
Listed
May 5, 2026
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!
Location
Venice, Los Angeles County, CA 90291
Open on Google Maps ↗Listed by: Michael Irvine · Compass
Payment estimate
$28,674
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $399,000 · Loan: $3,591,000
- Principal & Interest
- $22,721
- Property tax (1.25%)
- $4,156
- Homeowners insurance
- $300
- Mortgage insurance
- $1,496
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of May 21, 2026
- 30-year fixed
- 6.51%
- 15-year fixed
- 5.85%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Venice home with as little as 3.5% down using an FHA loan — roughly $139,650 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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