NOT LISTED FOR SALE

7049 Trolleyway Playa Del Rey, CA 90293

Estimated Value: $4,068,000 - $4,667,000

6 Beds
2 Baths
1,872 Sq Ft
$2,313/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $4,292,125 $2,293 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $27,901/month

20 Days on Market

Highlights

  • Ocean View
  • Built-In Features
  • 2 Car Garage
  • Kentwood Elementary Rated A-
  • Ceiling Fan

About This Home

As of December 2023

Modern Beachfront Duplex on the secluded Playa del Rey Beach, meticulously remodeled with hardwood floors, exquisite bathroom fixtures, kitchen and appliances. Rare opportunity as the entire duplex will be delivered vacant at close of escrow. Two sun-filled units each with 3 bed, 1 bath and open living, kitchen and dining areas that showcase unparalleled ocean views from Palos Verdes to Malibu. Both units offer seamless indoor-outdoor flow with expansive upper and lower patio areas and upper rear deck perfect for outdoor entertaining and soaking up the sun. Direct access to the beautiful wide stretch of white sand, bicycle path and volleyball courts and close proximity to acclaimed dining and shopping of downtown Playa del Rey. Convenient proximity to Silicon Beach, LAX, the Westside and Beach Cities. This is California living at its best and a lifetime chance to enjoy a slice of heaven.

Last Agent to Sell the Property

Susan Perryman

Carolwood Estates License #01878839 Listed on: 10/19/2023

Carolwood Estates

Last Buyer's Agent

Susan Perryman

Carolwood Estates License #01878839 Listed on: 10/19/2023

Carolwood Estates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $51,754

Year Built

  • Built in 1956

Lot Details

  • 3,535 Sq Ft Lot

Parking

  • 2 Car Garage
  • 3 Open Parking Spaces
  • Driveway

Property Views

  • Ocean
  • Coastline
  • City Lights
  • Mountain

Home Design

  • Duplex

Interior Spaces

  • 1,872 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4116-033-052

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$51,754

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 1872
  • Lot Acreage: 0.0811
  • Stories: 2
  • Year Built: 1956
  • Number Of Photos: 27
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 2.00
  • Equipment: Washer, Dryer, Dishwasher, Freezer, Refrigerator, Range/Oven, Microwave, Garbage Disposal, Built-Ins, Ceiling Fan, Hood Fan
  • Price Per S Q F T: 2454.59

Exterior Features

  • Other Structures: None
  • View: Coastline, Water, Ocean, Mountains, City Lights
  • View: Yes

Garage/Parking

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

Utilities

  • Cooling: Ceiling Fan, Window Unit(s)
  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Percent: 20.00
  • Assessed Improvement Value: 618874
  • Assessed Land Percent: 80
  • Assessed Land Value: 2475514
  • Total Assessed Value: 3094388
  • Assessor Parcel Number: 4116-033-052
  • Lot Size Area: 3535

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2023
Closed on
Dec 6, 2023
Sold by
Ovasapyan Karlet
Bought by
Babadjanian Edwin
Seller's Agent
Susan Perryman
Carolwood Estates
Buyer's Agent
Susan Perryman
Carolwood Estates
List Price
$4,595,000
Sold Price
$4,292,125
Premium/Discount to List
-$302,875
-6.59%
Views
50
Current Estimated Value
$4,329,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,959
Avg. Annual Appreciation
0.51%
Original Mortgage
$2,755,000
Outstanding Balance
$2,713,949
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$1,615,135

Purchase Details

Listed on
Oct 19, 2023
Closed on
Dec 5, 2023
Sold by
Ali Ali Eop Llc
Bought by
Edwin Babadjanian Trust and Babadjanian
Seller's Agent
Susan Perryman
Carolwood Estates
Buyer's Agent
Susan Perryman
Carolwood Estates
List Price
$4,595,000
Sold Price
$4,292,125
Premium/Discount to List
-$302,875
-6.59%
Views
50

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,755,000
Outstanding Balance
$2,713,949
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$1,615,135

Purchase Details

Closed on
Dec 14, 2021
Sold by
G Bradford Jones Living Trust
Bought by
Ali Ali Eop Llc

Purchase Details

Closed on
Jan 28, 2014
Sold by
Jones G Bradford
Bought by
Jones G Bradford and G Bradford Jones Living Trust

Purchase Details

Closed on
Jan 23, 2014
Sold by
Jones G Bradford
Bought by
Jones G Bradford

Purchase Details

Closed on
Nov 13, 2007
Sold by
The Lusk Trust
Bought by
The G Bradford Jones Family Trust

Purchase Details

Closed on
Jun 3, 1998
Sold by
Lusk Donald R and Lusk Trust
Bought by
Lusk Donald R and Lusk Trust

Purchase Details

Closed on
Feb 27, 1997
Sold by
Lusk Donald and Lusk Trust
Bought by
Lusk Donald R and Lusk Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Babadjanian Edwin -- Equity Title
Edwin Babadjanian Trust $4,292,500 Equity Title
Ali Ali Eop Llc $4,075,000 Usa National Title
Jones G Bradford -- None Available
Jones G Bradford -- None Available
Jones G Bradford -- None Available
The G Bradford Jones Family Trust $2,500,000 United Title Company Westlak
Lusk Donald R -- --
Lusk Donald R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Babadjanian Edwin $2,755,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Sold $4,292,125 -6.6% $2,293 / Sq Ft
11/08/2023 11/08/23 Pending -- -- --
10/19/2023 10/19/23 For Sale $4,595,000 -- $2,455 / 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 $51,754 $4,377,967 $3,026,340 $1,351,627
2024 $51,754 $4,292,125 $2,967,000 $1,325,125
2023 $50,118 $4,156,500 $2,856,000 $1,300,500
2022 $36,330 $3,094,388 $2,475,514 $618,874
2021 $35,899 $3,033,715 $2,426,975 $606,740
2019 $34,812 $2,943,736 $2,354,991 $588,745
2018 $34,695 $2,886,016 $2,308,815 $577,201
2016 $25,178 $2,100,000 $1,650,000 $450,000
2015 $22,797 $1,900,000 $1,520,000 $380,000
2014 $23,320 $1,900,000 $1,520,000 $380,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 23-310983

The MLS

APN: 4116-033-052