NOT LISTED FOR SALE

7949 W 80th St Playa Del Rey, CA 90293

Estimated Value: $1,887,000 - $2,150,000

4 Beds
2 Baths
2,337 Sq Ft
$838/Sq Ft Est. Value

Last Sold December 08, 2022

Last sale price $1,575,000 $674 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $11,917/month

94 Days on Market

Highlights

  • Family Room with Fireplace
  • Marble Flooring
  • No HOA
  • Kentwood Elementary Rated A-
  • Traditional Architecture
  • Covered Patio or Porch

About This Home

As of December 2022

$150K Reduction making this the best-priced home in Silicon Beach! Seller is now offering seller finance making this an irresistible deal.. This well-maintained fixer opportunity nestled in the quiet streets of Playa del Rey, this warm and inviting 4 bedroom, 2 bathroom, 2,337 sqft property is just moments away from the pristine beaches of Playa and all of the popular restaurants and shopping that Silicon Beach has to offer. Located in a highly desirable community that is considered one of LA's best-hidden gems, this home offers a favorable combination of move-in readiness and freedom to upgrade to your style. Gleaming wood flooring welcomes you into the home as sunlight illuminates every nook of the entryway and dining room from the beautifully crafted glass block wall. As you make your way into the living room, you'll find a cozy brick fireplace and sliding glass doors leading to the deck on the covered patio. Prepare your exquisite meals in the kitchen which features dual ovens, a dishwasher, and plenty of counter space. Enjoy breakfast or an afternoon snack in the dining area adjacent to the kitchen which is also brimming with natural light. Relax and unwind in the oversized first-floor primary bedroom which has a built-in desk/vanity, tons of closet space, sliding glass doors leading to the outdoor area, and access to a full bathroom with dual sinks, a soaking tub, and a walk-in shower. Upstairs you'll find a family/bedroom with a brick fireplace, built-in display cabinets, and access to a sizable wooden balcony overlooking the spacious backyard. On the second floor, you'll also find two additional bedrooms and a full bathroom featuring a soaking tub and walk-in shower to complete the top floor. For added convenience, there is a laundry room with space for storage and an attached 2-car garage. Spend your weekends exploring the nearby Ballona Wetlands and hiking trails, or at the Marina watching beautiful boats sail out to the Pacific, all just moments away from your front door. Schedule your private tour today because opportunities like this are rare.

Last Agent to Sell the Property

James Suarez

Real Broker License #01433992 Listed on: 08/11/2022

Real Broker

Co-Listed By

Peter Jumrukovski

Real Broker License #02079846

Last Buyer's Agent

Mike Lease

Resident Group License #02040586

Resident Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,615

Year Built

  • Built in 1964

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 40x125
  • Wood Fence
  • Sprinkler System
  • Property is zoned LAR1

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,337 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Double Door Entry
  • Sliding Doors
  • Family Room with Fireplace
  • 2 Fireplaces
  • Family Room on Second Floor
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Gas and Electric Range
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Jack-and-Jill Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Car Attached Garage
  • Driveway

Outdoor Features

  • Living Room Balcony
  • Covered Patio or Porch

Utilities

  • Central Heating
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4115-028-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,615

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Main Level
  • Living Area: 2337
  • Lot Acreage: 0.1148
  • Lot Dimensions: 40x125
  • Probate: No
  • Stories: 2
  • Year Built: 1964
  • Number Of Photos: 41
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, Sunken Living Room
  • Fireplace Rooms: Family Room, Living Room
  • Flooring: Hardwood, Carpet, Marble
  • Appliances: Built-Ins, Double Oven, Gas/Electric Range
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Ground Floor Master, Master Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub, Dual Entry (Jack & Jill) Bath, Tub Only, Shower Stall
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Breakfast Area, Dining Area, Living Room, In Kitchen
  • Kitchen Features: Tile Counters
  • Laundry: Room, Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Washer, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 706.03

Exterior Features

  • Other Features: Balcony, Sliding Glass Doors, Sprinkler System, Double Door Entry
  • Other Structures: None
  • Tennis Court Y/N: No
  • Fence: Wood
  • Patio: Balcony, Covered Porch, Living Room Balcony, Porch - Rear, Porch - Front
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Driveway, Garage - 2 Car, Attached
  • Total Parking: 4

Utilities

  • Water Heater: Water Heater Unit
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Smoke Detector

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4115-028-005
  • Lot Size Area: 5000

Rental Info

  • Land Lease Purchase Yn: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2022
Closed on
Nov 17, 2022
Sold by
Kelley Family Trust
Bought by
Lyons Virginia
Seller's Agent
James Suarez
Real Broker
Buyer's Agent
Mike Lease
Resident Group
List Price
$1,795,000
Sold Price
$1,575,000
Premium/Discount to List
-$220,000
-12.26%
Views
30
Current Estimated Value
$1,878,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,025
Avg. Annual Appreciation
8.45%
Original Mortgage
$1,260,000
Outstanding Balance
$1,225,530
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$731,940

Purchase Details

Closed on
Aug 3, 2015
Sold by
Kelley Donald K and Kelley Jo Ann T
Bought by
The Kelley Family Trust

Purchase Details

Closed on
Jul 21, 2000
Sold by
Kelley Donald K and Kelley Jo Ann T
Bought by
Kelley Donald K and Kelley Jo Ann T
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
Lyons Virginia $1,575,000 805 Title
The Kelley Family Trust -- None Available
Kelley Donald K -- --
Kelley Donald K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lyons Virginia $1,260,000
Closed Lyons Virginia $1,260,000
Previous Owner Kelley Donald K $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2022 12/08/22 Sold $1,575,000 -4.5% $674 / Sq Ft
11/14/2022 11/14/22 Pending -- -- --
09/16/2022 09/16/22 Price Changed $1,650,000 -8.1% $706 / Sq Ft
08/11/2022 08/11/22 For Sale $1,795,000 0.0% $768 / Sq Ft
02/20/2017 02/20/17 Rented $4,500 0.0% --
02/13/2017 02/13/17 For Rent $4,500 +28.6% --
02/12/2012 02/12/12 Rented $3,500 0.0% --
02/04/2012 02/04/12 Under Contract -- -- --
01/10/2012 01/10/12 For Rent $3,500 -- --
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 $19,615 $1,638,630 $1,310,904 $327,726
2024 $19,615 $1,606,500 $1,285,200 $321,300
2023 $19,236 $1,575,000 $1,260,000 $315,000
2022 $2,235 $169,286 $66,506 $102,780
2021 $2,191 $165,967 $65,202 $100,765
2019 $2,129 $161,046 $63,269 $97,777
2018 $2,054 $157,889 $62,029 $95,860
2016 $1,940 $151,760 $59,621 $92,139
2015 $1,913 $149,481 $58,726 $90,755
2014 $1,928 $146,554 $57,576 $88,978
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-180835

The MLS

APN: 4115-028-005