NOT LISTED FOR SALE

8123 Zitola Terrace Playa Del Rey, CA 90293

Estimated Value: $591,000 - $4,206,000

5 Beds
4 Baths
6,172 Sq Ft
$405/Sq Ft Est. Value

Last Sold April 10, 2018

Last sale price $3,200,000 $518 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $14,185/month

58 Days on Market

Highlights

  • Ocean View
  • Above Ground Spa
  • 25,825 Sq Ft lot
  • Kentwood Elementary Rated A-
  • Sauna
  • Fireplace in Primary Bedroom

About This Home

As of April 2018

BEST PRICED VIEW HOME!! $500K Reduction! This stunning Silicon Beach home has incredible ocean, marina, city & mountain views from almost every room, includes almost 6,200 Sq' and sits on 4 individual lots encompassing 25,825 Sq'. As you enter this 5 bedroom & 4 bathroom estate prepare to be awestruck by the spectacular vistas with endless floor to ceiling windows throughout, an open floor plan and large viewing decks from every level! The master retreat has a lounge area set around an elegant marble fireplace that provides the ideal location for quiet and cozy evenings and the master bathroom includes marble finishes, oversize his & her walk in closets, private sauna & decadent tub overlooking scenic Marina del Rey. Additional features include marble flooring, high ceilings, an elevator, outdoor Jacuzzi, finished garage, & ample storage. The home is located in the prominent Silicon Beach area, moments away from LA's best beaches, Playa Vista's Runway & popular shops and restaurants.

Last Agent to Sell the Property

James Suarez

Real Broker License #01433992 Listed on: 01/11/2018

Real Broker

Last Buyer's Agent

Ryan Sokolowski

Berkshire Hathaway HomeServices California Properties License #01859461

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,774

Lot Details

  • 0.59

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Marina
  • Coastline
  • Panoramic
  • City Lights
  • Bluff
  • Mountain

Home Design

  • Modern Architecture

Interior Spaces

  • 6,172 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Built-In Features
  • Bar
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • 3 Fireplaces
  • Dining Room
  • Home Office
  • Sauna
  • Alarm System
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Above Ground Spa
  • 0.59 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,774

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Advertising Remarks: BEST PRICED VIEW HOME!! $500K Reduction! This stunning Silicon Beach home has incredible ocean, marina, city & mountain views from almost every room, includes almost 6,200 Sq' and sits on 4 individual lots encompassing 25,825 Sq'. As you enter this 5 bedroom & 4 bathroom estate prepare to be awestruck by the spectacular vistas with endless floor to ceiling windows throughout, an open floor plan and large viewing decks from every level! The master retreat has a lounge area set around an elegant marble fireplace that provides the ideal location for quiet and cozy evenings and the master bathroom includes marble finishes, oversize his & her walk in closets, private sauna & decadent tub overlooking scenic Marina del Rey. Additional features include marble flooring, high ceilings, an elevator, outdoor Jacuzzi, finished garage, & ample storage. The home is located in the prominent Silicon Beach area, moments away from LA's best beaches, Playa Vista's Runway & popular shops and restaurants.
  • Living Area: 6172
  • Stories: 3
  • Number Of Photos: 38
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Carpet, Marble, Tile
  • Bedrooms: 5
  • Fireplaces: 3
  • Full Bathroom: 4
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Dishwasher, Dryer, Elevator, Freezer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 599.48

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa: Above Ground, Hot Tub
  • Spa Yn: Yes
  • View: Bluff, City, City Lights, Coastline, Marina, Mountains, Ocean, Panoramic, Water
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Attached, Garage - 2 Car, Garage Is Attached

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: UNAVAILABLE
  • Geocode Override: No
  • Lot Size Area: 25825

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2020
Sold by
Jain Sachin H
Bought by
Jain Sachin H and Sachin H Jam Living Trust
Current Estimated Value
$2,499,667

Purchase Details

Listed on
Jan 11, 2018
Closed on
Mar 24, 2018
Sold by
Bayer David G
Bought by
Jain Sachin H
Seller's Agent
James Suarez
Real Broker
Buyer's Agent
Ryan Sokolowski
Berkshire Hathaway HomeServices California Properties
List Price
$3,700,000
Sold Price
$3,200,000
Premium/Discount to List
-$500,000
-13.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.77%
Original Mortgage
$1,600,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 1993
Sold by
Bayer Melvin P and Bayer Beatrice Lee
Bought by
Bayer Melvin P and Bayer Beatrice Lee
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
Jain Sachin H -- None Available
Jain Sachin H $3,200,000 Fidelity National Title Comp
Bayer Melvin P -- --
Bayer Melvin P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jain Sachin H $1,471,500
Closed Jain Sachin H $1,596,500
Closed Jain Sachin H $1,600,000
Previous Owner Bayer Melvin P $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2018 04/10/18 Sold $3,200,000 -13.5% $518 / Sq Ft
03/10/2018 03/10/18 Pending -- -- --
01/11/2018 01/11/18 For Sale $3,700,000 -- $599 / Sq Ft
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 $6,774 $568,913 $568,913 --
2024 $6,774 $557,758 $557,758 --
2023 $6,645 $546,822 $546,822 $0
2022 $6,335 $536,100 $536,100 $0
2021 $6,261 $525,589 $525,589 $0
2019 $6,072 $510,000 $510,000 $0
2018 $948 $74,455 $74,455 $0
2016 $910 $71,565 $71,565 $0
2015 $897 $70,491 $70,491 $0
2014 $904 $69,111 $69,111 $0
Source: Public Records

Agents Affiliated with this Home

  • James Suarez

    Seller's Agent in 2018

    James Suarez

    Real Broker

    (310) 902-1004

    55 in this area

    398 Total Sales

    James Suarez
    Section Image
  • Ryan Sokolowski

    Buyer's Agent in 2018

    Ryan Sokolowski

    Berkshire Hathaway HomeServices California Properties

    (310) 344-0898

    66 Total Sales

    Ryan Sokolowski
    Section Image
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Map

Source: The MLS

MLS Number: 18-302456

The MLS

APN: 4115-008-001

California Los Angeles County Playa Del Rey 90293

8123 Zitola Terrace, Playa Del Rey, CA

This home is located at 8123 Zitola Terrace, Playa Del Rey, CA 90293 since 11 January 2018 and is currently estimated at $2,499,667, approximately $405 per square foot. 8123 Zitola Terrace 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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