Updated Dec 30, 2025
Jeanie Buss Purchases Oceanfront Home In Playa Del Rey From Anne Palmer For $4.23M
6935 Trolleyway Street
$4,227,500
$1,877/SF
Building Size
2,252 SF
Asset Type
Single Family
Closing
Dec 16, 2025
About this deal
AI
A single-family property was involved in this transaction, located in Playa del Rey. The asset sold for $4,227,500 and features 2,252 square feet of living space. The price per square foot is noted at $1,877.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $4,227,500
- Buyer: Jeanie Buss
- Seller: Anne Palmer
- Buyer's Representative: Meredith Schlosser - Berkshire Hathaway HomeServices California Properties
- Seller's Representatives: Yvette Busot - Berkshire Hathaway HomeServices California Properties; Dena Luciano - Douglas Elliman
- Market: Playa del Rey
- Square Footage: 2,252
- Price Per Square Foot: $1,877
Jeanie Buss has expanded her real estate portfolio in Los Angeles with this purchase following her significant sale of a controlling stake in the Lakers to Mark Walter. The property includes ocean views and multiple decks, complementing Buss's existing holdings in the area.
On the Map
$4,227,500
$1,877/SF
Single Family
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Players
Playa Del Rey Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $1.9K per square foot on a published $4.2M for 2,252 square feet (2025).
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Browse Playa Del Rey single family sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.75%
Cash-on-Cash
-1.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93