Seller's Agent in 2021
Steffan Braunlich
Berkadia
(310) 209-3209
1 in this area
20 Total Sales
$200,000 Price Reduction. This is a rare opportunity to acquire a 6-unit apartment complex in Playa del Rey with an average unit size over 1,200 square feet. The area has always demanded premium rents with its proximity to Loyola Marymount University, LAX and the beach. The subject property is a prime example of modern, mid-century architecture popular in Playa del Rey in the early 1960s. The curb appeal has been smartly updated with a modern two-tone paint scheme, stone accent walls and clean landscaping. The subject property consists of (1) one-bedroom with one-bath unit, (3) two-bedroom with one and three-quarter bathroom units, (1) three-bedroom with one and three-quarter bath unit and (1) three-bedroom plus den with two and three-quarter bath unit. The size and design of the subject property and the units resemble luxury condos in the immediate vicinity, allowing for investors to institute condo-quality renovations upon turnover and maximize market rents.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/10/2021 11/10/21 | Sold | $3,175,000 | -10.6% | $418 / Sq Ft | |
| 09/13/2021 09/13/21 | Pending | -- | -- | -- | |
| 07/19/2021 07/19/21 | Price Changed | $3,550,000 | -5.3% | $467 / Sq Ft | |
| 06/01/2021 06/01/21 | For Sale | $3,750,000 | +78.6% | $493 / Sq Ft | |
| 11/26/2013 11/26/13 | Sold | $2,100,000 | -4.3% | $276 / Sq Ft | View Prior Sale |
| 09/03/2013 09/03/13 | Pending | -- | -- | -- | |
| 08/12/2013 08/12/13 | For Sale | $2,195,000 | -- | $289 / Sq Ft |
Seller's Agent in 2021
Steffan Braunlich
Berkadia
(310) 209-3209
1 in this area
20 Total Sales
Seller's Agent in 2013
Steve Matilla
Matilla Realty Inc
(310) 748-0574
2 in this area
4 Total Sales
C
Buyer's Agent in 2013
Carl Van Quathem
Cei Realty Advisors
Source: The MLS
MLS Number: 21-744894