6 months on rocket

516 N Rustic Dr, Los Angeles, CA, 90065

$68,500

0.08 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ViewBay, City Lights, Canyon, Hills
MLS #24383105
Lot Size0.08 Acres
StatusActive

About 516 N Rustic Dr

Lush City and Canyon Views on the historic side of Mt. Washington. Easy access to the Southwest Museum Metro Stop and everything Highland Park has to offer, not to mention zoned for Mt. Washington Elementary. This lot packs a bunch and is one of the best priced parcels on the Mountain. 520 and 524 N. Rustic are also for sale (different owner), but finding 3 contiguous vacant and buildable lots presents a rare opportunity. However, rest assured that even taken on its own, 516 would still be a very sweet spot to call home. In addition there is a nearly completed new construction home directly next store at 512 N. Rustic, which is a positive indication of the integrity of the hillside.

Property Details

Property Features

Listing Office:

  • Office Name: Sotheby's International Realty
  • Office Phone: (323) 665-1700
  • Listing Agent: Elizabeth Daly

Exterior Features

Exterior Information:

  • View: Bay, City Lights, Canyon, Hills

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Other

Directions Information:

  • Directions: Take Marmion to Museum to Rustic OR Take San Rafael to Moon to Crane to Rustic

Price Information

Listing Price Info

Price Summary:

  • List Price: $68,500
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

516 N Rustic Dr vs Los Angeles

208 DAYS ON ROCKET

+170 Days

$68,500

-$954.9K Less

KEY TAKEAWAY

This property is $954.9K less than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24383105

Listing Office:

  • Office Name: Sotheby's International Realty
  • Office Phone: (323) 665-1700
  • Listing Agent: Elizabeth Daly

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 1:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$409

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$272

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-491620
8
/10
  • Mt. Washington Elementary School

  • 3981 San Rafael Ave

  • 0.33 miles

  • Public District Grades KG-6

school-card-donut-491621
5
/10
  • Aldama Elementary School

  • 632 N Avenue 50

  • 0.41 miles

  • Public District Grades KG-5

school-card-donut-491622
2
/10
  • Monte Vista Street Elementary

  • 5423 Monte Vista St

  • 0.76 miles

  • Public District Grades 2-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,753. Residents of Los Angeles, CA typically earn between $35k-100k each year. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 516 N Rustic Dr

What is the listing price of this property?

The listing price of 516 N Rustic Dr property is $68,500.

What type of property is this?

The property 516 N Rustic Dr is land located in Los Angeles, California, 90065.

Is this property for sale now?

Active Listing: 516 N Rustic Dr is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 516 N Rustic Dr is 0.08 acres.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles90065516 N Rustic Dr

This home is located at 516 N Rustic Dr in Los Angeles, CA and zip code 90065 in the Northeast LA neighborhood. This home sits on a 0.08 acre lot. It has been listed on Rocket Homes since April 23, 2024 and is currently priced at $68,500.

In October 2024, from all listings sold in Los Angeles, CA there were more than 598 sold above asking price, over 753 sold below and more than 191 were sold right at the asked price. Between September 2024 and October 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 11.2%. While the average time on the market in October 2024 was 38 days, the median list price was $1,023,474.

From Rocket Homes Real Estate and based on county public records data.

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