NOT LISTED FOR SALE

7549 Rindge Ave Playa Del Rey, CA 90293

Estimated Value: $3,701,000 - $4,819,000

4 Beds
4 Baths
4,683 Sq Ft
$876/Sq Ft Est. Value

Last Sold November 20, 2019

Last sale price $4,000,000 $854 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $25,916/month

5 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Filtered Pool
  • Kentwood Elementary Rated A-
  • Home Theater
  • Fishing

About This Home

As of November 2019

This stunning 1929 home underwent an extensive remodel that was mostly completed in 2018. The remodel added over 1,000 sq feet, 2 bathrooms, a recovery center, pool with 50 person spa, heated floors, chefs kitchen & a sun drenched upstairs loft with wall to wall windows. This massive corner lot property is just a short walk to the beautiful & clean Playa Del Rey Beach. The home has a pool house with its own entrance that can easily be converted to a permitted ADU also increasing the homes value. Your buyers will love you for finding them this gem of a buy.

This property offers a rare opportunity for your buyer to move in to a home with built in equity because this property is discounted to be sold AS-IS. The owner is opting to sell now as opposed to finishing part 2 of his extensive remodel as he is relocating near San Diego. The owner is looking for a quick sale so this highly upgraded home is listed well below comps in the area. The property does need the final phase of the 2018 remodel to be completed, therefore, the listing is being listed several hundred thousand dollars below market to create a quick sale environment. I have a personal relationship to the seller and am not taking a commission on the sale so he is also offering a 4% commission to the buyer agent.

As an added selling point, this stunning almost 5,000 sqft beach home is smartly elevated high enough from ocean level that it is secure from tidal waves, homeless beach combers, and rising sea levels.

Last Agent to Sell the Property

Trista Pisani

Higher Realty Inc License #02031663 Listed on: 10/24/2019

Last Buyer's Agent

Trista Pisani

Higher Realty Inc License #02031663 Listed on: 10/24/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,970

Year Built

  • Built in 1926

Lot Details

  • 9,262 Sq Ft Lot
  • Glass Fence
  • Corner Lot
  • Drip System Landscaping
  • Sprinklers Throughout Yard
  • Private Yard
  • Garden
  • Back Yard
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage

Home Design

  • Modern Architecture
  • Cosmetic Repairs Needed
  • Major Repairs Completed
  • Shingle Roof

Interior Spaces

  • 4,683 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Sound
  • Wired For Data
  • Two Story Ceilings
  • Skylights
  • Gas Fireplace
  • Triple Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Solar Tinted Windows
  • Insulated Windows
  • ENERGY STAR Qualified Doors
  • Formal Entry
  • Family Room Off Kitchen
  • Sunken Living Room
  • Dining Room
  • Home Theater
  • Home Office
  • Bonus Room
  • Tile Flooring
  • Ocean Views
  • Alarm System
  • Laundry Room

Kitchen

  • Galley Kitchen
  • Updated Kitchen
  • Breakfast Area or Nook
  • Walk-In Pantry
  • Double Convection Oven
  • Gas and Electric Range
  • Free-Standing Range
  • Range Hood
  • Microwave
  • Ice Maker
  • ENERGY STAR Qualified Appliances
  • Quartz Countertops
  • Instant Hot Water

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Remodeled Bathroom
  • Maid or Guest Quarters
  • Heated Floor in Bathroom
  • Bidet
  • Dual Sinks
  • Private Water Closet
  • Soaking Tub
  • Separate Shower

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Pool

  • Filtered Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Waterfall Pool Feature
  • Pool Tile
  • Permits For Spa
  • Permits for Pool

Outdoor Features

  • Property has ocean access
  • Patio
  • Exterior Lighting
  • Wrap Around Porch

Location

  • Across the Road from Lake or Ocean
  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • High Efficiency Heating System
  • Natural Gas Connected
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 11 / 36
  • Tax Tract Number 8557
  • Assessor Parcel Number 4117005010

Community Details

Overview

  • No Home Owners Association

Recreation

  • Fishing
  • Park
  • Dog Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,970

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Wired for Alarm System
  • View: Yes
  • Zoning: LAR1
  • Architectural Style: Modern
  • Property Condition: Repairs Cosmetic, Repairs Major
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4117005010
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4683.00 Square Feet
  • Interior Amenities: Open Floorplan, Sunken Living Room, Two Story Ceilings, Wired for Data, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: ENERGY STAR Qualified Doors
  • Eating Area: Breakfast Nook, Family Kitchen, Dining Room
  • Fireplace Features: Gas
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 854.15
  • Room Type: Bonus Room, Family Room, Formal Entry, Foyer, Galley Kitchen, Guest/Maid's Quarters, Main Floor Master Bedroom, Master Bathroom, Media Room, Office, Walk-In Closet
  • Spa Features: Heated, In Ground, Permits
  • Window Features: ENERGY STAR Qualified Windows, Insulated Windows, Low Emissivity Windows, Skylight(s), Solar Tinted Windows, Triple Pane Windows
  • Bathroom Features: Bathtub, Bidet, Shower, Double Sinks In Bath(s), Heated Floor, Privacy Toilet Door, Remodeled, Separate Tub And Shower, Soaking Tub, Upgraded, Walk-In Shower
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Exterior Features: Lighting
  • View: Ocean
  • Fence: Yes
  • Fencing: Glass
  • Patio And Porch Features: Wrap Around
  • Pool Features: Private, Filtered, Gunite, Heated, Permits, Tile, Waterfall
  • Pool Private: Yes
  • Roof: Shingle
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Double Oven, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Free-Standing Range, Gas & Electric Range, High Efficiency Water Heater, Ice Maker, Instant Hot Water, Microwave, Range Hood, Refrigerator, Tankless Water Heater
  • Heating Type: Central, ENERGY STAR Qualified Equipment, High Efficiency, Fireplace(s)
  • Laundry Features: In Closet, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Fishing, Hiking, Park, Watersports, Suburban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Garden, Sprinkler System, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 9262.00
  • Lot Size Acres: 0.2126

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9262.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Across the Road from Lake/Ocean, Ocean Access

Tax Info

  • Tax Block: 36
  • Tax Census Tract: 2781.02
  • Tax Lot: 11
  • Tax Tract Number: 8557

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2021
Sold by
Gorman Jeremi and Gorman Brian
Bought by
Kallan David and Kallan Nathalia
Current Estimated Value
$4,100,203

Purchase Details

Listed on
Oct 24, 2019
Closed on
Nov 5, 2019
Sold by
Global View Real Estate And Dev Llc
Bought by
Gorman Jeremi and Gorman Brian
Seller's Agent
Trista Pisani
Higher Realty Inc
Buyer's Agent
Trista Pisani
Higher Realty Inc
List Price
$3,995,000
Sold Price
$4,000,000
Premium/Discount to List
$5,000
0.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.06%
Original Mortgage
$3,200,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2019
Sold by
Reis Todd Dos
Bought by
Reis Todd Dos

Purchase Details

Closed on
Jun 24, 2014
Sold by
Nei Global Relocation Company
Bought by
Global View Real Estate & Development Ll

Purchase Details

Closed on
May 9, 2014
Sold by
Freeman Stefan and Carter Freeman Michele T
Bought by
Nei Global Relocation Company

Purchase Details

Closed on
Jul 9, 2009
Sold by
Connor Margarita and Rustanius Cynthia
Bought by
Freeman Stefan and Carter Freeman Michele T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
5.31%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Kallan David $3,562,500 Usa National Title Company
Gorman Jeremi $4,000,000 Lawyers Title Company
Reis Todd Dos -- None Available
Reis Todd Dos -- None Available
Redc Globalview -- None Available
Global View Real Estate & Development Ll $1,999,000 Stewart Title Of Ca Inc
Nei Global Relocation Company $2,037,500 Stewart Title Guaranty Co
Freeman Stefan $950,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kallan David $2,849,648
Previous Owner Gorman Jeremi $3,200,000
Previous Owner Global View Real Estate And Development $2,550,000
Previous Owner Global View Real Estate $2,212,500
Previous Owner Freeman Stefan $729,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2019 11/20/19 Sold $4,000,000 +0.1% $854 / Sq Ft
10/24/2019 10/24/19 For Sale $3,995,000 +99.8% $853 / Sq Ft
09/09/2014 09/09/14 Sold $1,999,000 0.0% $655 / Sq Ft
06/11/2014 06/11/14 For Sale $1,999,000 -- $655 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $44,970 $3,780,084 $2,271,048 $1,509,036
2024 $44,970 $3,705,966 $2,226,518 $1,479,448
2023 $44,091 $3,633,301 $2,182,861 $1,450,440
2022 $42,026 $3,562,060 $2,140,060 $1,422,000
2021 $47,966 $4,041,440 $3,233,152 $808,288
2020 $48,375 $4,000,000 $3,200,000 $800,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW19250329

California Regional Multiple Listing Service (CRMLS)

APN: 4117-005-020