426 Rainbow Ave, Los Angeles, CA 90065
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426 Rainbow Ave Los Angeles, CA 90065

$968,000 Sold Price as of 07/18/2024
  • 2 Beds
  • 2 Baths
  • 744 Sq.Ft.
Sold
$968,000 Sold Price as of 07/18/2024 Refinance Your Mortgage

Map preview of 426 Rainbow Ave, Los Angeles, CA 90065

Property Overview: 426 Rainbow Ave Los Angeles, CA has 2 bedrooms, 2 bathrooms, 744 living square feet and 11,484 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Big Bear meets NELA at this chic modern cabin nestled in Mount Washington's Rainbow Canyon! This sale includes 2 adjacent lots that total 11,484 sq ft. Enjoy serene living in this newly renovated retreat, on an expansive oversized lot. Step into this beautifully updated multi-level home, where the main level upstairs greets you with a bright and cheery entertainer's dream: an open layout drenched in natural light where living room leads seamlessly into the inviting kitchen clad in warm wood custom cabinetry, all new appliances, integrated hood, Quartz countertops, stunning Zia tile backsplash and center island offers generous storage + breakfast bar. Double doors open out to an expansive new deck with stunning views of the surrounding lush hillsides, perfect for dining al fresco and a swing chair ideal for lazy afternoons with a glass of wine or cup of joe. Top floor also features a spacious hall bath with shower boasting beautifully stacked wide subway tiles and chic penny floor tile. First floor features a casual entertaining space with a built-in office nook in addition to an ensuite bedroom where bathroom features beautiful earthy Bedrosians tiles and matte black fixtures. Step outside and enjoy lounging & entertaining around a fire pit on the gravel pad + sprawling green lawn. Steps lead down to an expanse of untapped potential where your future dream ADU, pool or magazine-worthy terraced gardens await to be manifested! Carport & parking pad for easy off-street parking + ample storage next to carport. Many updates including white oak wood floors, updated electrical, plumbing, new windows throughout, HVAC and more. In the Mount Washington Elementary school district (per LAUSD). Enjoy the peace & quiet of the hills while being minutes from an array of eateries and shops on York Bld, Figueroa and much more. Welcome home!

Listed by Andrew Sanchez | BRE #01918602 | ACME Real Estate
Co-listed by Courtney Poulos | BRE #01882678 | ACME Real Estate
Last checked: 7 minutes ago | Last updated: July 18th, 2024 | Source CRMLS | DOM: 165

Home details

Lot Sq. Ft
11,484
HOA Dues
$0/mo
Year built
1949
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
23332795
City
Los Angeles
County
Los Angeles
Time on Site
249 days

Property Details for 426 Rainbow Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Stackable, Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood, Tile
  • Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: Multi/Split
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Carport, Driveway
Lot Information
  • Lot Size Source: Estimated
Property Information
  • Has View
  • View: Canyon
  • Common Walls: No Common Walls
  • Parcel Number: 5465007021
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Avenue 45 & Marmion Way.
View more facts & features

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Sale History for 426 Rainbow Ave

Last sold for $968,000 on July 18th, 2024
  • July, 2024

  • Jul 18, 2024

    Date

    Sold

    CRMLS: 23332795

    $968,000

    Price

  • Nov 16, 2023

    Date

    Active

    CRMLS: 23332795

    $999,000

    Price

  • March, 2023

  • Mar 21, 2023

    Date

    Sold

    CRMLS: 23240717

    $670,000

    Price

  • Feb 10, 2023

    Date

    Active

    CRMLS: 23240717

    $499,000

    Price

  • Listing provided courtesy of CRMLS

    Cutest cabin in the Rainbow Canyon of Mount Washington neighborhood! Currently used as a duplex with one bedroom, on bathroom each unit. It needs a lot of love to restore to its original condition. The house has 744 SF is for sale with an adjacent lot which has a 360 SF of storage and carport structure. Total size of the 2 lots is 11,482 SF. There is an opportunity to build one house on each lot if the new homeowner prefers building brand-new home(s). Beautiful views from the house and the street. Short drive to DTLA and local hangouts like Highland Park Bowl, Hippo, Cookbook Market, and Kinship Yoga Studio. Property dimensions of two lots: 50.11 x 113.98 and 50.11 x 104.65

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Tax History for 426 Rainbow Ave

Assessed Value (2020): $239,584
Year Land Value Improved Value Assessed Value
2020 $139,465 $100,119 $239,584

Home Value Compared to the Market

This property vs the competition

426 Rainbow Ave sold on July 18, 2024 for 21.59% lower than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $1342.74 per/sqft which puts the price per square foot 69.75% higher than the current median sale per square foot for the city of Los Angeles.

About 426 Rainbow Ave

Detailed summary of property

426 Rainbow Ave is a single family home that recently sold in Los Angeles, CA 90065. This house offered 2 bedrooms, 2 bathrooms, roughly 744 living square feet, and sits on an approximately 11,484 square foot lot. 426 Rainbow Ave was first listed on ArdentRealEstateGroup.com on November 17, 2023. The homeowner sold the property for $968,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 21.59% lower than the current median priced home. Local homes that are currently for sale include 4749 Baltimore St, 1310 Armadale Ave and 1279 El Paso Dr. While the average home in Los Angeles, CA is selling in 102 days, 426 Rainbow Ave has a days on market of 165 days. There are currently 4091 homes for sale in the Los Angeles real estate market and 2731 of them are single family homes while 1235 of them are condos and 119 are townhomes. For more information on this home for sale at 426 Rainbow Ave Los Angeles, CA 90065 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 426 Rainbow Ave

Public county record property details
Beds
2
Baths
1
Year built
1949
Sq. Ft.
744
Lot Size
5,947
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
247
APN
5465-007-021

The source for these homes facts are from public records.

90065 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,149,000
Median List Price/Sq.Ft.
$759
Median Sold Price
$1,300,000
Median Sold Price/Sq.Ft.
$903
Total Inventory
89
Median Sale to List Price %
104.08%
Avg Days on Market
19
Loan Type
Conventional (25.93%), FHA (0%), VA (0%), Cash (18.52%), Other (14.81%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.