7001 Trolleyway Playa Del Rey , CA 90293
Active
$2,950,000
2 Units
6 Beds
2 Baths
1,872 Area(sq.ft.)
3,155 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 3 | 1 | No | $ 5,341 | $ 5,341 | $ 6,500 |
| Unit 2 | 1 | 3 | 1 | No | $ 4,119 | $ 4,119 | $ 7,500 |
| 2 | 2 | 6 | 2 | $ 9,459 | $ 9,459 | $ 14,000 |
| MLS #: | 24-459119 |
| Days On Market: | 8 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 1,576 |
| Price per unit: | $ 1,475,000 |
| Year Built: | 1956 |
Property Details
Oceanfront Duplex with Stunning Views Stretching From Catalina Island to the Santa Monica coastline, and Malibu. First time on the market in over 40 years! This beachfront property boasts two separate units, each with breathtaking unobstructed ocean views, plenty of natural light, large balconies/patios, and direct access to the sandy shores of Playa Del Rey beach. Ideal for either owner occupancy, or as rental units. Playa Del Rey's laid-back yet upscale lifestyle attracts residents and visitors alike, making it a top choice for both long-term tenants, and short-term vacation rentals. Whether you're looking to enjoy a peaceful beach lifestyle or seeking a high-income investment opportunity, this duplex is your gateway to a true Southern California paradise. Tucked away from the bustling city yet close enough to enjoy all the best of Los Angeles, Playa Del Rey offers a tranquil oasis with easy access to urban amenities. Just minutes from LAX, Venice Beach, Marina Del Rey, and Santa Monica, as well as local dining, shopping, and plenty of recreational activities.Interested in this Listing?
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Income Details
| Rent Control: | Yes |
| Gross Operating Income: | $ 108,000 |
| Total Annual Expense: | $ 42,000 |
| Net Operating Income: | $ 108,000 |
| Gross Annual Income: | $ 113,077 |
| Gross Rent Multiplier: | 26.00 |
| Actual Gross Rent: | $ 113,077 |
| Actual Rent Total: | $ 113,077 |
Structure
| Type of Units: | 2 |
| Buildings: | 1 |
| Levels: | Two |
| Security Features: | None |
| View Description: | Coastline, Water, Ocean |
Land & Parking
| Zoning: | LAR3 |
| Parking Garage: | Assigned, Driveway, Garage |
Interior
| AC/Cooling: | None |
| Equipment: | Range/Oven |
| Heating: | Natural Gas |
Exterior
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