Case Study: 564 Rialto Ave - A Top LA County Luxury Contract Just Off Abbot Kinney
At 564 Rialto Ave, Team Pardee guided a $6M+ Venice sale by positioning the property as a rare compound just off Abbot Kinney: a double lot with a main residence, detached guest house/ADU, refined finishes, generous outdoor living, and flexible space for modern coastal life. In a quiet luxury-contract week across Los Angeles County, The Real Deal identified 564 Rialto Ave as the second-priciest LA County luxury contract of the week. The property went on to close at $6,253,200.
Property Detail Context
| Property | 564 Rialto Ave, a Venice compound just off Abbot Kinney |
| Sold Price | $6,253,200 |
| Strategy | Disciplined pricing, targeted luxury marketing, and Team Pardee coordination for a $6M+ Venice listing |
| Presentation | Double lot, main residence, detached guest house/ADU, refined finishes, outdoor deck, fire pit, privacy, and indoor-outdoor flow |
| Outcome | Recognized by The Real Deal as the second-priciest LA County luxury contract of the week before closing at $6,253,200 |
Challenge
The challenge was communicating the full value of a rare Venice compound: a double lot, main residence, detached guest house/ADU, refined materials, outdoor living, and a location just off Abbot Kinney.
The luxury market was quiet the week the home went into contract, so the strategy needed to keep the property visible to qualified buyers and positioned as one of Venice's standout offerings.
Solution
Team Pardee executed a disciplined, lifestyle-driven marketing strategy:
- Lifestyle-Driven Presentation - Positioned the home around its strongest buyer-facing features: double-lot privacy, flexible guest-house/ADU space, refined finishes, indoor-outdoor flow, and proximity to Abbot Kinney and the beach.
- Strategic Price Positioning - Adjusted market positioning to keep the property competitive and visible to qualified luxury buyers.
- Team Coordination - Used coordinated follow-up, marketing support, and transaction management to keep the listing moving toward a successful close.
Results
Through disciplined positioning and Team Pardee coordination, 564 Rialto Ave became the second-priciest LA County luxury contract of the week according to The Real Deal and closed at $6,253,200.
Working with Pardee Properties has been an absolute pleasure from start to finish. From the moment we engaged their team, they demonstrated professionalism, market expertise, and an unwavering commitment to ensuring a smooth and successful transaction. Throughout the process, their communication was exceptional—clear, timely, and always proactive. They anticipated potential challenges and navigated them seamlessly, ensuring that every detail was handled with precision and care. Their deep understanding of the market and strategic approach ultimately helped us achieve the best possible outcome. Beyond their professional excellence, the team at Pardee Properties made us feel truly valued, not just as clients but as partners in this journey. Their dedication, integrity, and genuine enthusiasm were evident in every interaction, making this experience not only stress-free but also enjoyable. We are incredibly grateful for their hard work and highly recommend Pardee Properties to anyone looking for top-tier real estate representation. If you want a team that goes above and beyond to get the job done, look no further! Thank you, Pardee Properties, for making this a fantastic experience—we look forward to working with you again in the future!
- Seller Review via Zillow
