NOT LISTED FOR SALE

7321 Vista Del Mar Playa Del Rey, CA 90293

Estimated Value: $1,405,549 - $1,626,000

0.09 Acre
$17,157,589 Price per Acre
4,210 Sq Ft Lot

Last Sold May 24, 2018

Last sale price $1,225,000

Est. 26% increase in value since last sale

Current estimated payment $9,598/month

57 Days on Market

About This Lot

As of May 2018

Dramatic West/Northwest panorama of the Malibu Coastline. Whitewater and ocean views on this gentle sloped bluff lot. Cut curb and ready for a developers vision of a beach home. LAR-1 zoning has all utility services to the sidewalk. Call for coastal restrictions (was exempt at one time). Primary retaining wall was installed by LA City engineers. No soils, topographic or geo survey currently on file. Buyer to do own due diligence and feasibility investigations for entitlement. Current sales comps for a 3500 sf home hover around 3M. GREAT location; PDR Silicon Beach is the hub of access to Playa Vista, Marina Del Rey, Manhattan Beach, Venice and El Segundo. Easy access to all freeways and LAX.

Last Agent to Sell the Property

Thomas Corte

Matilla Realty Inc License #01323411 Listed on: 01/01/2018

Co-Listed By

Dana Wright

Matilla Realty Inc License #01439943

Last Buyer's Agent

Thomas Corte

Matilla Realty Inc License #01323411 Listed on: 01/01/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,457

Lot Details

  • 4,210 Sq Ft Lot
  • Lot Dimensions are 86x51
  • Property is zoned LAR1

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic

Utilities

  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 4116-029-011

Property Details

Property Type

Land

Est. Annual Taxes

$16,457

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Dramatic West/Northwest panorama of the Malibu Coastline. Whitewater and ocean views on this gentle sloped bluff lot. Cut curb and ready for a developers vision of a beach home. LAR-1 zoning has all utility services to the sidewalk. Call for coastal restrictions (was exempt at one time). Primary retaining wall was installed by LA City engineers. No soils, topographic or geo survey currently on file. Buyer to do own due diligence and feasibility investigations for entitlement. Current sales comps for a 3500 sf home hover around 3M. GREAT location; PDR Silicon Beach is the hub of access to Playa Vista, Marina Del Rey, Manhattan Beach, Venice and El Segundo. Easy access to all freeways and LAX.
  • Lot Dimensions: 86x51
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Catalina, Coastline, Ocean, Panoramic, White Water
  • View: Yes

Utilities

  • Cable: No
  • Telephone: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4116-029-011
  • Geocode Override: No
  • Lot Size Area: 4210
  • Staked: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2018
Closed on
May 14, 2018
Sold by
Kwak Michelle Ho
Bought by
Kwak Kenneth S
Seller's Agent
Thomas Corte
Matilla Realty Inc
Buyer's Agent
Thomas Corte
Matilla Realty Inc
List Price
$1,249,000
Sold Price
$1,225,000
Premium/Discount to List
-$24,000
-1.92%
Current Estimated Value
$1,544,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,183
Avg. Annual Appreciation
5.94%

Purchase Details

Closed on
Feb 28, 2018
Sold by
Ennis G Thomas and The G Thomas Ennis Living Trus
Bought by
Kwak Kenneth S and Kwak Young Hee

Purchase Details

Closed on
Mar 27, 1995
Sold by
Ennis G Thomas and Ennis Thomas G
Bought by
Ennis G Thomas and G Thomas Ennis Living Trust
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
Kwak Kenneth S -- Fidelity National Title Comp
Kwak Kenneth S $1,225,000 Fidelity National Title Com
Ennis G Thomas -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2018 05/24/18 Sold $1,225,000 -1.9% --
01/01/2018 01/01/18 For Sale $1,249,000 -- --
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 $16,457 $1,393,838 $1,393,838 --
2024 $16,457 $1,366,508 $1,366,508 --
2023 $16,135 $1,339,714 $1,339,714 $0
2022 $15,376 $1,313,446 $1,313,446 $0
2021 $15,197 $1,287,693 $1,287,693 $0
2019 $14,736 $1,249,500 $1,249,500 $0
2018 $374 $25,865 $25,865 $0
2017 $367 $25,358 $25,358 $0
2016 $361 $24,861 $24,861 $0
2015 $355 $24,488 $24,488 $0
2014 $360 $24,009 $24,009 $0
Source: Public Records

Agents Affiliated with this Home

  • Thomas Corte

    Seller's Agent in 2018

    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 2018

    Dana Wright

    Matilla Realty Inc

    (310) 463-6814

    29 in this area

    43 Total Sales

    Dana Wright
    Section Image
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Map

Source: The MLS

MLS Number: 18-299930

The MLS

APN: 4116-029-011

California Los Angeles County Playa Del Rey 90293

7321 Vista Del Mar, Playa Del Rey, CA

This home is located at 7321 Vista Del Mar, Playa Del Rey, CA 90293 since 01 January 2018 and is currently estimated at $1,544,183. 7321 Vista Del Mar 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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