NOT LISTED FOR SALE

6967 Trolleyway Playa Del Rey, CA 90293

Estimated Value: $4,668,628 - $5,026,000

6 Beds
4 Baths
2,424 Sq Ft
$1,980/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $4,400,000 $1,815 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $30,642/month

2 Days on Market

Highlights

  • Ocean Front
  • Balcony
  • Central Heating
  • Kentwood Elementary Rated A-
  • Open Patio
  • 4-minute walk to Del Rey Lagoon Park

About This Home

As of September 2020

OCEAN FRONT Duplex in Playa del Rey! Rare opportunity to own on the beach in the charming beach community of Playa del Rey. Great location with direct access to the beach. Upstairs unit is a 4 bedroom + 2 bath and lower unit is a 2 bedroom + 2 bath. Upstairs unit features a 500 sq ft master suite. Each unit has its own laundry. Great outdoor space for both units with large patio and spacious upper deck. Property has newer kitchen and baths. 2 car garage parking and 3 outside spaces.

Last Agent to Sell the Property

Kacey Barnett

Sail Realty License #01959770 Listed on: 08/20/2020

Co-Listed By

Kelly Doyle

Sail Realty License #00759058

Last Buyer's Agent

Susan Perryman

Carolwood Estates License #01878839

Carolwood Estates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $56,318

Year Built

  • Built in 1956

Lot Details

  • 3,247 Sq Ft Lot
  • Ocean Front
  • West Facing Home

Parking

  • 3 Open Parking Spaces
  • 2 Car Garage
  • Driveway

Interior Spaces

  • 2,424 Sq Ft Home
  • 2-Story Property
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 4116-032-040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$56,318

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 2424
  • Stories: 2
  • Year Built: 1956
  • Number Of Photos: 35
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Microwave, Washer, Dryer, Refrigerator, Range/Oven
  • Price Per S Q F T: 1753.30

Exterior Features

  • Direction Faces: West
  • Other Structures: None
  • Patio: Balcony, Patio Open
  • Paved: Yes
  • View: Ocean
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 3
  • Parking Garage: Driveway, Garage - 2 Car
  • Total Parking: 5

Utilities

  • Heating: Central
  • Water Heaters: Yes

Lot Info

  • Assessor Parcel Number: 4116-032-040
  • Lot Location: Ocean Front
  • Lot Size Area: 3247

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 26.23
  • Number Of Units: 2
  • Total Annual Expense: 11000
  • Type Of Units: Apartments
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Sep 10, 2020
Sold by
Kennedy Stephen P and Kennedy Sherry
Bought by
Trolleyway Properties Llc
Seller's Agent
Kacey Barnett
Sail Realty
Buyer's Agent
Susan Perryman
Carolwood Estates
List Price
$4,250,000
Sold Price
$4,400,000
Premium/Discount to List
$150,000
3.53%
Current Estimated Value
$4,799,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$399,543
Avg. Annual Appreciation
1.76%

Purchase Details

Closed on
Mar 17, 2017
Sold by
6967 Trolleyway Llc
Bought by
Kennedy Stephen P and Kennedy Sherry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2009
Sold by
Kennedy Sherry and Kennedy Stephen
Bought by
6967 Trolleyway Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Trolleyway Properties Llc $4,400,000 Provident Title Company
Kennedy Stephen P -- Equity Title Company
6967 Trolleyway Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trolleyway Properties Llc $2,834,000
Previous Owner Kennedy Stephen P $585,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2020 09/15/20 Sold $4,400,000 +3.5% $1,815 / Sq Ft
08/22/2020 08/22/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $4,250,000 -- $1,753 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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 $56,318 $4,762,700 $4,329,728 $432,972
2024 $56,318 $4,669,315 $4,244,832 $424,483
2023 $55,210 $4,577,760 $4,161,600 $416,160
2022 $52,611 $4,488,000 $4,080,000 $408,000
2021 $51,990 $4,400,000 $4,000,000 $400,000
2020 $12,407 $1,017,687 $529,084 $488,603
2019 $11,912 $997,733 $518,710 $479,023
2018 $11,821 $978,171 $508,540 $469,631
2016 $11,292 $940,190 $488,794 $451,396
2015 $11,125 $926,068 $481,452 $444,616
2014 $11,166 $907,929 $472,022 $435,907
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-621552

The MLS

APN: 4116-032-040