Seller's Agent in 2024
Andrew Malekie
Link Brokerages
(424) 312-9552
4 in this area
20 Total Sales
Estimated Value: $3,328,000 - $4,764,000
(NEW EXTERIOR PAINT - CAN BE PURCHASED TOGETHER OR SEPARATE) A once-in-a-lifetime opportunity to own two iconic beachfront duplexes nestled in the coveted Playa Del Rey neighborhood of Los Angeles. These trophy assets have full upcoming vacancy by end of August 2024 and promise unparalleled potential for savvy investors or owner-users seeking the ultimate coastal lifestyle. Ideally positioned on Ocean Front Walk, the most private and secluded beachfront pocket of Playa Del Rey, these duplexes offer panoramic ocean views from every unit, with the beach as your backyard to the West and the Del Rey Lagoon and Park steps away to the East. Residents enjoy nearly exclusive beach access, where this prime location has minimal noise and foot traffic while maintaining close proximity to all local amenities and attractions. Each unit is impeccably maintained, but also presents a blank slate for value enhancement. Electrical and plumbing (copper) have been upgraded throughout each building, and each unit is individually metered for utilities (except laundry - W/D in garage of each building shared by respective tenants). Both buildings have garage spaces accommodating two cars each and ample storage, while the 6401 building has additional on site tandem parking on the North side of the building + EV charging. The full upcoming vacancy is a rare gem in Playa Del Rey's real estate landscape, not to mention the unmatched location, rental upside, and value add potential that comes with it. Don't miss your chance to own a piece of Playa Del Rey's sought-after beachfront and unlock this property's full potential.
Last Agent to Sell the Property
Link Brokerages License #02153774 Listed on: 04/03/2024
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 6401 Ofw Llc | $4,437,000 | Provident Title Company | |
| Mazzone Ii Angelo Michael | $700,000 | First American Title |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 6401 Ofw Llc | $3,550,000 | |
| Previous Owner | Mazzone Ii Angelo Michael | $536,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/15/2024 07/15/24 | Sold | $4,437,000 | -4.6% | $1,833 / Sq Ft |
| 06/03/2024 06/03/24 | Pending | -- | -- | -- |
| 05/20/2024 05/20/24 | Price Changed | $4,650,000 | -2.1% | $1,921 / Sq Ft |
| 04/03/2024 04/03/24 | For Sale | $4,750,000 | -- | $1,962 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,010 | $4,437,000 | $3,800,000 | $637,000 |
| 2024 | $14,010 | $1,142,622 | $688,929 | $453,693 |
| 2023 | $13,741 | $1,120,219 | $675,421 | $444,798 |
| 2022 | $13,104 | $1,098,255 | $662,178 | $436,077 |
| 2021 | $12,936 | $1,076,722 | $649,195 | $427,527 |
| 2019 | $12,548 | $1,044,789 | $629,941 | $414,848 |
| 2018 | $12,480 | $1,024,304 | $617,590 | $406,714 |
| 2016 | $11,927 | $984,531 | $593,609 | $390,922 |
| 2015 | $11,752 | $969,743 | $584,693 | $385,050 |
| 2014 | $11,795 | $950,748 | $573,240 | $377,508 |
Seller's Agent in 2024
Andrew Malekie
Link Brokerages
(424) 312-9552
4 in this area
20 Total Sales
Seller Co-Listing Agent in 2024
Coby Chatwin
Link Brokerages
(310) 743-3908
3 in this area
25 Total Sales
Source: The MLS
MLS Number: 24-373473
APN: 4116-002-025