7029 Trolleyway Playa del Rey, CA $ 4,635,150
7029 Trolleyway
$ 4,635,150
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7029 Trolleyway

Playa del Rey, CA, 90293
$ 4,635,150
Bedrooms5 Baths5.0 Sq 2,454

Monthly Estimate*

$ 32,378

Listed by eXp Realty of California Inc
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Multi-Family Home for sale in Playa del Rey, CA

for $4,635,150 with 5 bedrooms and 5 full baths. This 2,454 square foot home was built in 1956 on a lot size of 0.0708.

This property offers direct beach access, allowing you to step right onto the sand from your front door, ensuring an authentic beach lifestyle. It boasts unobstructed ocean views stretching from Palos Verdes to Malibu, visible from the two front units. In 2016, the property underwent a coastal-inspired renovation, which introduced modern style and comfort. Each front unit has its own private patio or deck to enjoy the ocean views. Additionally, the property is close to a 22-mile shoreline bike path, volleyball courts, shopping, and dining. The front units feature an open floor plan with views of the ocean, and Unit 3 is a top-floor studio apartment. There are six parking spaces available, including two garages and four driveway spaces.Opportunity: This property is a rare find on the market, as it has not been available for almost 60 years. It is ideal for investors or those seeking a personal beachfront retreat. This multi-family property offers a mix of comfort, style, and unbeatable ocean views. Don't miss out on this exceptional opportunity to own a piece of paradise in a sought-after location, perfect for year-round sunbathing and entertaining. The property has outdoor and indoor stairs, making it a exceptional opportunity to convert to a single family home.

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Multi-Family Active

Price

$ 4,635,150

Bedrooms

5

Full Bath

5

Property Type

Multi-Family

Taxes

$ 0

Style

Traditional

Lot Size

0.0708

Year Built

1956

Town/City

Playa del Rey

County/Region

Los Angeles

MLS | Web ID

24372807

Days on Market

33

Features
General
Interior Features Balcony CeilingFans HighCeilings LivingRoomDeckAttached
Sewer Other
Cooling None
Possession CloseOfEscrow
Appliances Disposal Refrigerator Dryer Washer
Zoning LAR3
Garage Spaces 2.0
Patio/Porch Features Concrete Covered Deck Open Patio SeeRemarks
Architectural Style Traditional
Pool Features None
Construction Materials Stucco
Year Built 1956
Tenant Pays Electricity Gas
View Ocean
Stories 2
Levels Two
Gross Income 93600.0
Waterfront Features OceanFront
Accessibility None
County Los Angeles
Net Operating Income 84537.0
Insurance Expense 5838.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Facing Direction West
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions Culver Blvd to end. Turn left on Trolleyway to the property
City Playa del Rey
Disclosures CoastalCommissionRestrictions CoastalZone FloodPlainDisclosure RentControl
Entry Location Living Room
View Y/N Y
Senior Community Y/N N
Open Parking Spaces 4.0
Total Units 3
MLS Area C31 - Playa Del Rey
Lot Size Square Feet 3086.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 2
Street Name Trolleyway
Listing Terms OwnerMayCarry
Spa Features None
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Property Condition RepairsCosmetic UpdatedRemodeled
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Virtual Tour https://my.matterport.com/show/?m=hJqu8HebbNE&mls=1
Days on Market 27
Standard Status Active
Occupancy Description Owner
Expected Active Date 2024-03-29
Taxes 3225.0
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Interior
Flooring Laminate Tile
Fireplace Features Gas Kitchen LivingRoom PrimaryBedroom Outside
Total Stories 3
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Window Features DoublePaneWindows
Fireplace Y/N Y
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features Stacked
Total Bedrooms 5
Electric On Property Y/N N
Total Baths 5
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Exterior
Parking Features Assigned Driveway
Lot Features ValueInLand
Total Parking 6.0
Lot Size Area 3086.0
Number of Buildings 1
Spa N
Building Area Total 2454.0
Lot Size Acres 0.0708
Lot Size Units SquareFeet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 7029
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* Excluded Features
List By
Exp Realty Of California Inc

Broker

(310) 490-3068

Phone

Affordability Calculator

$32,378
Per Month
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Monthly Principal & Interest
$32,378
Monthly Property Taxes
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/29/2024$4,635,150 Listed Price

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7029 Trolleyway, Playa del Rey, CA, 90293 is a Multi-Family Home for sale at $4,635,150 with 2,454 sqft and a lot size of 0.0708. 7029 Trolleyway has 5 bedrooms, 5.0 baths, and was built in 1956. The property's zip code is 90293 which is in Playa del Rey, CA