NOT LISTED FOR SALE

6973 Trolleyway Playa Del Rey, CA 90293

Estimated Value: $1,811,000 - $2,374,000

2 Beds
2 Baths
1,532 Sq Ft
3,223 Sq Ft Lot

Last Sold December 10, 2021

Last sale price $2,150,000 $1,403 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $13,971/month

5 Days on Market

Highlights

  • Ocean Front
  • 24-Hour Security
  • Wood Flooring
  • Kentwood Elementary Rated A-
  • Unit is on the top floor
  • 5-minute walk to Del Rey Lagoon Park

About This Home

As of December 2021

Builder / developer opportunity to purchase two ocean-front condos on the sand in Playa Del Rey! Partially remodeled 2bd/2bath plus loft unit is an entertainers dream. This sun-drenched upper unit has new hardwood floors, stainless steel appliances, fireplace, balcony outside the master, second balcony outside the living room, and a loft with a rooftop deck. There are two tandem parking spaces in a covered garage along with another parking space in the driveway. Walk on the beach or to any numerous restaurants in downtown Playa Del Rey. Ocean front properties are limited in Playa Del Rey and this one will not last. Must be sold with lower unit 6975 Trolleyway (MLS #21-776708). Combined asking price is $5,300,000 for a total of 2,919 square feet. Building plans for addition and exterior remodel shall be provided to Buyer.

Last Agent to Sell the Property

Karen Norris

Canon Business Properties, Inc. License #01323996 Listed on: 08/26/2021

Last Buyer's Agent

Bill Ruane

License #00972400

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $28,888

Year Built

  • Built in 1977

Lot Details

  • Ocean Front
  • West Facing Home

Parking

  • 2 Covered Spaces

Property Views

  • Ocean
  • Marina

Home Design

  • Bungalow

Interior Spaces

  • 1,532 Sq Ft Home
  • 3-Story Property
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Room
  • Loft
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Utilities

  • Central Heating
  • Central Water Heater

Additional Features

  • Balcony
  • Unit is on the top floor

Listing and Financial Details

  • Assessor Parcel Number 4116-032-048

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$28,888

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: California Bungalow
  • Levels: Top Level
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: None
  • Entry Floor: 3
  • Living Area: 1532
  • Lot Acreage: 0.0740
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 3
  • Year Built: 1977
  • Number Of Photos: 2
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: In Closet
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Freezer, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1729.77

Exterior Features

  • Balcony: Yes
  • Direction Faces: West
  • Other Features: Balcony, Sliding Glass Doors
  • Exposure: West
  • Pool: No
  • View: Ocean, Marina
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Other Spaces: 1
  • Covered Parking: 2
  • Parking Garage: Garage Is Attached
  • Total Parking: 3

Utilities

  • Water Heater: Central Water Heater
  • Cooling: Air Conditioning
  • Heating: Central, Fireplace
  • Security: Carbon Monoxide Detector(s), Smoke Detector, 24 Hour

Association/Amenities

  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA: No
  • Unit Location: Upper

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4116-032-048
  • Lot Size Area: 3225

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2021
Closed on
Nov 11, 2021
Sold by
Glenstone Investments Llc
Bought by
Trolleyway Properties Llc
Seller's Agent
Karen Norris
Canon Business Properties, Inc.
Buyer's Agent
Bill Ruane
List Price
$2,650,000
Sold Price
$2,150,000
Premium/Discount to List
-$500,000
-18.87%
Current Estimated Value
$2,126,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,519
Avg. Annual Appreciation
-0.29%

Purchase Details

Listed on
Jan 8, 2017
Closed on
Apr 8, 2017
Sold by
Sarlo Michael
Bought by
Glenstone Investments Llc
Seller's Agent
Thomas Corte
Matilla Realty Inc
Buyer's Agent
Jamie Austin
Keller Williams Realty
List Price
$2,138,000
Sold Price
$2,138,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.12%

Purchase Details

Closed on
May 11, 2015
Sold by
Hughes Robert
Bought by
The Atlantis Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2015
Sold by
Shapkin Barton E
Bought by
Sarlo Michael and Sarlo Lory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 1999
Sold by
Fejes Michael David and Fejes Sue Ann
Bought by
Fejes Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.56%
Mortgage Type
Credit Line Revolving
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 $2,300,000 Fidelity Natl Ttl Co Long Be
Glenstone Investments Llc $2,138,000 Lawyers Title
The Atlantis Trust -- None Available
Sarlo Michael $1,254,000 Lawyers Title
Fejes Michael D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Glenstone Investments Llc $1,496,000
Previous Owner Sarlo Michael $700,000
Previous Owner Sarlo Michael $700,000
Previous Owner Shapkin Barton E $240,500
Previous Owner Shapkin Barton E $405,000
Previous Owner Shapkin Barton E $100,000
Previous Owner Shapkin Barton E $334,000
Previous Owner Shapkin Barton E $75,000
Previous Owner Shapkin Barton E $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2021 12/10/21 Sold $2,150,000 -18.9% $1,403 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/26/2021 08/26/21 For Sale $2,650,000 +23.9% $1,730 / Sq Ft
04/18/2017 04/18/17 Sold $2,138,000 0.0% $1,396 / Sq Ft
01/08/2017 01/08/17 For Sale $2,138,000 -- $1,396 / 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 $28,888 $2,440,778 $1,644,872 $795,906
2024 $28,888 $2,392,920 $1,612,620 $780,300
2023 $28,322 $2,346,000 $1,581,000 $765,000
2022 $26,990 $2,300,000 $1,550,000 $750,000
2021 $27,108 $2,292,367 $1,220,165 $1,072,202
2019 $26,286 $2,224,375 $1,183,975 $1,040,400
2018 $26,226 $2,180,760 $1,160,760 $1,020,000
2016 $15,294 $1,273,123 $507,625 $765,498
2015 $6,046 $497,074 $286,652 $210,422
2014 -- $487,338 $281,037 $206,301
Source: Public Records

Agents Affiliated with this Home

  • Karen Norris

    Seller's Agent in 2021

    Karen Norris

    Canon Business Properties, Inc.

    (310) 273-3094

    2 in this area

    6 Total Sales

    Karen Norris
    Section Image

  • B

    Buyer's Agent in 2021

    Bill Ruane

  • Thomas Corte

    Seller's Agent in 2017

    Thomas Corte

    Matilla Realty Inc

    (310) 713-0552

    30 in this area

    44 Total Sales

    Thomas Corte
    Section Image
  • Dana Wright

    Seller Co-Listing Agent in 2017

    Dana Wright

    Matilla Realty Inc

    (310) 463-6814

    29 in this area

    43 Total Sales

    Dana Wright
    Section Image
  • Jamie Austin

    Buyer's Agent in 2017

    Jamie Austin

    Keller Williams Realty

    (310) 806-3199

    19 Total Sales

    Jamie Austin
    Section Image
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Map

Source: The MLS

MLS Number: 21-777208

The MLS

APN: 4116-032-048

California Los Angeles County Playa Del Rey 90293

6973 Trolleyway, Playa Del Rey, CA

This home is located at 6973 Trolleyway, Playa Del Rey, CA 90293 since 26 August 2021 and is currently estimated at $2,126,481, approximately $1,388 per square foot. This property was built in 1977. 6973 Trolleyway is a home located in Los Angeles County with nearby schools including Paseo Del Rey Natural Science Magnet, Loyola Village Elementary School, and Kentwood Elementary.

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