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Jeanie Buss Purchases Oceanfront Home In Playa Del Rey From Anne Palmer For $4.23M
SOLD
California
See Similar DealsSingle Family2,252 SF
Sold 12/16/2025
SOLD
Jeanie Buss Purchases Oceanfront Home In Playa Del Rey From Anne Palmer For $4.23M
6935 Trolleyway Street
See Similar DealsSingle Family2,252 SF
Sold 12/16/2025
Summary
CALIFORNIA
Asset Type:Single Family
Price Per Square Foot:$1,877
Total Square Footage:2,252 SF
Transaction Type:Sale
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
BROKERAGE
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$225,466.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$15,019.41
Cash-on-Cash Return-1.27%
Monthly Debt Service$20,040.51
Annual Debt Service$240,486.08
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