NOT LISTED FOR SALE

7700 Paseo Del Rey Playa Del Rey, CA 90293

14 Beds
13 Baths
9,103 Sq Ft
9,108 Sq Ft Lot

Last Sold September 16, 2016

Last sale price $2,650,000 $291 Per Sq Ft

19 Days on Market

Highlights

  • Fireplace in Kitchen
  • Corner Lot
  • Landscaped
  • Kentwood Elementary Rated A-
  • Lawn
  • Carpet

About This Home

As of September 2016

Pride of ownership. Large 8 unit building in Playa Del Rey. Very close to Silicon Beach. Well maintained complex. All units have fireplaces and
tile and carpets in units. Great units mix with carport parking and lots of storage bins. Laundry facilities in complex. All units have a balconies are
patios.

Last Agent to Sell the Property

Denise Manning

Manning & Associates License #00895617 Listed on: 07/17/2016

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 9,108 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • Corner Lot
  • Lawn

Parking

  • 8 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 9,103 Sq Ft Home
  • Electric Fireplace
  • Gas Fireplace
  • Living Room with Fireplace
  • Carpet
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 13 Bathrooms

Additional Features

  • Exterior Lighting
  • Private Water Source

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 24036
  • Assessor Parcel Number 4118010017

Community Details

Overview

  • 8 Units

Building Details

  • 8 Leased Units
  • Rent Control
  • Electric Expense $3,113
  • Insurance Expense $590
  • Trash Expense $45
  • Water Sewer Expense $5,346
  • New Taxes Expense $590
  • Gross Income $1,289,500
  • Net Operating Income $143,695

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

8

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 5346.00
  • Property Type: Residential Income
  • Parcel Number: 4118010017
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Fireplace Features: Electric, Gas, Kitchen, Living Room
  • Price Per Square Foot: 291.11

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Electric: Electricity - On Property
  • Trash Expense: 45.00
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn, Landscaped, Corner Lot
  • Lot Size Sq Ft: 9108.00
  • Price Per Lot Square Foot: 318.40

Multi Family

  • Electric Expense: 3113.00
  • Gross Income: 1289500.00
  • Gross Scheduled Income: 154740.00
  • Insurance Expense: 590.00
  • Net Operating Income: 143695.00
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Operating Expense: 11045.00
  • Rent Control: Yes
  • Total Actual Rent: 12895.00

Tax Info

  • New Taxes Expense: 590.00
  • Tax Lot: 17
  • Tax Tract Number: 24036

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

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2016 09/16/16 Sold $2,650,000 -8.6% $291 / Sq Ft
08/05/2016 08/05/16 Pending -- -- --
07/17/2016 07/17/16 For Sale $2,900,000 -- $319 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Denise Manning

    Manning & Associates

    Section Image

  • N

    Buyer's Agent in 2016

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    5 in this area

    5,988 Total Sales

    NoEmail NoEmail
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN16160917

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Playa Del Rey 90045

7700 Paseo Del Rey, Playa Del Rey, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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