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7009 Rindge Avenue, Playa Del Rey, California 90293, Playa Del Rey, 90293 - 4 bed, 2 bath

7009 Rindge Avenue, Playa Del Rey, California 90293 home-pic-0
ACTIVE$2,199,000
7009 Rindge Avenue, Playa Del Rey, California 90293
4Beds
2Baths
1,400Sqft
4,717Lot

Price Vs. Estimate

The estimated value ($1,554,953.695) is $644,046.305 (29%) lower than the list price ($2,199,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Richmond Street Elementary School (9/10). High School: El Segundo High School (10/10).
Top Cons:
Significant Price Discrepancy: The current list price is substantially higher than the property's estimated value and recent sales history, potentially indicating an aggressive pricing strategy.

Compared to the nearby listings

Price:$2.20M vs avg $1.94M (+$264,000)65%
Size:1,400 sqft vs avg 2,531 sqft29%
Price/sqft:$1.6K vs avg $95088%

More Insights

Built in 1940 (85 years old).
Condition: Despite being built in 1940, the property has undergone recent updates as stated in the description, making it move-in ready. The main living areas feature well-maintained dark hardwood floors, recessed lighting, and crown molding. The kitchen boasts granite countertops and a breakfast bar, indicating a significant update, though the cabinet style appears more traditional than ultra-modern. The primary bathroom is described as 'recently updated with dual sinks and a skylight.' While the converted garage/workshop area is unfinished, the main living spaces and bedrooms show minimal wear and tear and are aesthetically pleasing, aligning with a property extensively renovated within the last 5-15 years.
Year Built
1940
Close
-
List price
$2.2M
Original List price
$2.2M
Price/Sqft
$1,571
HOA
-
Days on market
-
Sold On
-
MLS number
25529395
Home ConditionGood
Features
Excellent View: Catalina, Coastline, Marina, Mountain(s), Ocean, Panoramic, Pond, Water
Deck
Patio
ViewCatalina, Coastline, Marina, Mountain(s), Ocean, Panoramic, Pond, Water

About this home

Ocean View Beach House on Playa del Rey's prime Hilltop! Sun-filled open plan w/hardwood floors, stone fireplace, sunny granite kitchen w/breakfast bar, open living/dining rooms with ocean views, large view tile deck, flagstone patios & grassy yard. Breathtaking ocean and Catalina views from spacious living room, dining area, kitchen and primary bedroom. West-facing primary bedroom w/fireplace & 3 additional bedrooms (4th bedroom in converted garage). Recently updated full bath w/dual sinks & skylight; additional 3/4 bath in 4th bedroom. Lush gardens front and back, huge ocean view deck, generous flat yard, multiple flagstone patios plus separate entrance bonus room/workshop off the rear yard. Rare opportunity to live on top of Playa's ocean view west bluff in a classic beach house just a few blocks to the sand. Recently updated, this charming Silicon Beach house is easy to move in just as it is, rent out, or add on & build your dream home on a prime ocean, Malibu and sunset view lot. A special spot on the coveted northwest bluff overlooking the Pacific. Tenant occupied, Do Not Disturb. Some photos are virtually staged.

Nearby schools

4/10
Paseo Del Rey Natural Science Magnet
Public,•K-5•0.8mi
4/10
Loyola Village Elementary School
Public,•K-5•1.5mi
6/10
Playa Vista Elementary
Public,•K-6•1.8mi
8/10
Coeur D'Alene Avenue Elementary School
Public,•K-5•2.3mi
8/10
Playa Del Rey Elementary School
Public,•K-5•2.8mi
9/10
Richmond Street Elementary School
Public,•K-5•2.8mi
2/10
Marina Del Rey Middle School
Public,•6-8•2.6mi
4/10
Orville Wright Engineering And Design Magnet
Public,•6-8•2.6mi
8/10
El Segundo Middle School
Public,•6-8•3.5mi
4/10
Westchester Enriched Sciences Magnets
Public,•9-12•1.2mi
10/10
El Segundo High School
Public,•9-12•2.9mi
6/10
Venice Senior High School
Public,•9-12•2.9mi

Price History

Date
Event
Price
08/06/14
Sold
$1,399,000
Condition Rating
Good
Despite being built in 1940, the property has undergone recent updates as stated in the description, making it move-in ready. The main living areas feature well-maintained dark hardwood floors, recessed lighting, and crown molding. The kitchen boasts granite countertops and a breakfast bar, indicating a significant update, though the cabinet style appears more traditional than ultra-modern. The primary bathroom is described as 'recently updated with dual sinks and a skylight.' While the converted garage/workshop area is unfinished, the main living spaces and bedrooms show minimal wear and tear and are aesthetically pleasing, aligning with a property extensively renovated within the last 5-15 years.
Pros & Cons

Pros

Great Schools: Elementary School: Richmond Street Elementary School (9/10). High School: El Segundo High School (10/10).
Panoramic Ocean & Catalina Views: Offers breathtaking panoramic ocean, Catalina Island, Malibu, and sunset views from multiple rooms and outdoor spaces, a highly coveted feature.
Prime Hilltop Location: Situated on Playa del Rey's prime ocean view west bluff, just blocks from the sand, providing an exclusive and desirable coastal lifestyle.
Significant Development Potential: Presents a rare opportunity to expand, add on, or build a custom dream home on a prime view lot, appealing to buyers seeking long-term value creation.
Extensive Outdoor Living Spaces: Features a large view tile deck, generous flat grassy yard, lush gardens, and multiple flagstone patios, ideal for entertaining and enjoying the coastal climate.
Move-in Ready with Updates: Recently updated and charming, allowing for immediate occupancy or rental, while also offering potential for future personalization.

Cons

Significant Price Discrepancy: The current list price is substantially higher than the property's estimated value and recent sales history, potentially indicating an aggressive pricing strategy.
Tenant Occupancy Restrictions: Currently tenant-occupied with a 'Do Not Disturb' clause, which may complicate showings, inspections, and immediate buyer occupancy.
Age of Structure: Built in 1940, the property's age, despite recent updates, may suggest potential for older infrastructure (e.g., plumbing, electrical, foundation) that could require future investment.

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