NOT LISTED FOR SALE

117 Rees St Playa Del Rey, CA 90293

Estimated Value: $1,947,000 - $3,092,000

4 Beds
4 Baths
2,354 Sq Ft
$1,046/Sq Ft Est. Value

Sale Details

Date Sold: June 13, 2013

Last sale price $1,320,000 $561 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $14,965 / mo

69 Days on Market

Highlights

  • Traditional Architecture
  • 3 Car Attached Garage
  • Guest Parking
  • Kentwood Elementary Rated A-

About This Home

As of June 2013

117 - 119 Rees St. is a very well maintained duplex on one of Playa Del Rey's walk streets. Its location is a couple of hundred yards walking distance from the sand. Each unit has 2 bedrooms plus 1.5 baths (townhouse style), open beam ceilings throughout, with 1177 sq.ft of living space. There are less than a handful of this type of duplex/property in this area of Playa. One unit has a private patio off the living room and a outdoor balcony off one of the bedrooms and has 1 car enclosed parking. The other unit has the same set up but has a 2 car garage attached to it with entry directly from the garage. This unit also has a large outdoor enclosed patio over the garage. Laundry facilities are located on the property and shared between the units. This is an ideal situation for an owner user. Both units are rented. Each unit seperately metered. For showings contact listing agent.

Last Agent to Sell the Property

Steve Matilla

Matilla Realty Inc License #00398688 Listed on: 02/11/2013

Last Buyer's Agent

Steve Matilla

Matilla Realty Inc License #00398688 Listed on: 02/11/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 2,723 Sq Ft Lot
  • Sprinkler System

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,354 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 3 Car Attached Garage
  • Guest Parking

Utilities

  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4116-033-011

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

2,723 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 2354
  • Stories: 2
  • Year Built: 1964
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 588.36

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Garage - 3 Car, Garage Is Attached, Parking for Guests
  • Total Parking: 4

Utilities

  • Heating: Wall Gas
  • Sewer: In Street

Lot Info

  • Sprinklers: Sprinkler System
  • Assessed Improvement Value: 418299
  • Assessed Land Value: 1254899
  • Assessor Parcel Number: 4116-033-011
  • Geocode Override: No
  • Lot Size Area: 2723

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 19.56
  • Number Of Units: 2
  • Type Of Units: townhouse

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2023
Sold by
Bought by
Current Estimated Value
$2,461,229

Purchase Details

Listed on
Feb 11, 2013
Closed on
Apr 24, 2013
Sold by
Bought by
Seller's Agent
Steve Matilla
Matilla Realty Inc
Buyer's Agent
Steve Matilla
Matilla Realty Inc
List Price
$1,385,000
Sold Price
$1,320,000
Premium/Discount to List
-$65,000
-4.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.90%
Original Mortgage
$924,000
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2012
Sold by
Bought by

Purchase Details

Closed on
May 3, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,280,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
7.96%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Fidelity - Sherman Oaks
-- Fidelity - Sherman Oaks
$1,320,000 Fidelity National Title Co
-- None Available
$1,600,000 United Title Company
$350,000 Old Republic Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $924,000
Previous Owner $1,280,000
Previous Owner $310,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/13/2013 06/13/13 Sold $1,320,000 +47042.9% $561 / Sq Ft
04/21/2013 04/21/13 Pending -- -- --
03/02/2013 03/02/13 Rented $2,800 -5.1% --
03/02/2013 03/02/13 Under Contract -- -- --
02/14/2013 02/14/13 For Rent $2,950 0.0% --
02/11/2013 02/11/13 For Sale $1,385,000 -- $588 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $19,599 $1,625,471 $861,994 $763,477
2024 $19,379 $1,593,600 $845,093 $748,507
2023 $19,003 $1,562,354 $828,523 $733,831
2022 $18,115 $1,531,721 $812,278 $719,443
2021 $17,889 $1,501,688 $796,351 $705,337
2020 $18,076 $1,486,291 $788,186 $698,105
2019 $17,350 $1,457,149 $772,732 $684,417
2018 $17,284 $1,428,579 $757,581 $670,998
2016 $16,527 $1,373,108 $728,164 $644,944
2015 $16,284 $1,352,484 $717,227 $635,257
2014 $16,338 $1,325,992 $703,178 $622,814
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-650989

The MLS

APN: 4116-033-011

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