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
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.
Players
Playa Del Rey Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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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