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Jeanie Buss Purchases Oceanfront Home In Playa Del Rey From Anne Palmer For $4.23M

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SOLD
$4,227,500

California

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Single Family2,252 SF
Sold 12/16/2025
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Property Image
SOLD

Jeanie Buss Purchases Oceanfront Home In Playa Del Rey From Anne Palmer For $4.23M

6935 Trolleyway Street

See Similar Deals
Single Family2,252 SF
Sold 12/16/2025
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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:

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

Dena Luciano
3 deals$39.6M volume
BROKER

Meredith Schlosser
Berkshire Hathaway HomeServices
2 deals$6.4M volume(310) 923-5811
BROKER

Yvette Busot
Berkshire Hathaway HomeServices
1 deal$4.2M volume(310) 897-8369
BROKER

Berkshire Hathaway HomeServices
BROKERAGE

Details

SOLD
IMAGE: Jeanie Buss, Meredith Schlosser, Yvette Busot & Dena Luciano DATE: 12/16/2025 MARKET: Playa del Rey ASSET TYPE: Single Family BUYER: Jeanie Buss (@JeanieBuss) SELLER: Anne Palmer BUYER'S REP: Meredith Schlosser (@Meredithrealestate) - Berkshire Hathaway HomeServices California Properties (@BHHSCalifornia) SELLER'S REP: Yvette Busot (@Yvetterela) - Berkshire Hathaway HomeServices California Properties; Dena Luciano (@DenaLuciano) - Douglas Elliman (@DouglasElliman) SALE PRICE: $4,227,500 SF: 2,252 ~ PPSF: $1,877 NOTE: Jeanie Buss purchased a $4.2 million oceanfront home in Playa del Rey, Los Angeles, after selling her controlling stake in the Lakers to Mark Walter for roughly $10 billion. The midcentury, recently updated duplex spans 2,200 square feet with four bedrooms, three baths, ocean views, and multiple decks, complementing her existing westside L.A. properties.

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Deal Type
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