$4,800,000
SOLD MAR 18, 2026

249 Rees St Playa Del Rey, CA 90293

5 Beds
4 Baths
5,330 Sq Ft
6,207 Sq Ft Lot

Sale Details

Date Sold: March 18, 2026

$901 Per Sq Ft

2% Below List Price

14 Days on Market

Highlights

  • Ocean View
  • Contemporary Architecture
  • Vaulted Ceiling
  • Kentwood Elementary Rated A-
  • Freestanding Bathtub
  • Wood Flooring

About This Home

As of March 2026

Nestled atop the coveted Playa del Rey Bluffs, this exceptional five-bedroom, five-bathroom residence offers an extraordinary coastal lifestyle with sweeping, unobstructed views. Ideally located just minutes from LAX, Playa Vista, Culver City, and Santa Monica, the home showcases some of the most dramatic vistas in Los Angeles, capturing the marina, city skyline, and water with breathtaking 180-degree panoramas. Upon entry, an expansive open floor plan immediately draws you in, designed to frame the views from nearly every angle. Rich hardwood floors run throughout, while the main living level is thoughtfully dedicated to entertaining, featuring a warm fireplace and oversized sliding bay windows that open to a spacious outdoor deck perfect for taking in the ocean breeze and unforgettable sunsets. The chef's kitchen serves as the heart of the home, anchored by a large stone-topped island ideal for both daily living and hosting. Outfitted with premium stainless steel appliances, including a commercial-grade gas range and oven, built-in microwave, and dishwasher, the kitchen is both functional and refined. An adjacent den or breakfast nook adds flexibility for casual dining or work-from-home needs. The upper level is reserved for the primary suite, a true private retreat with commanding marina and city views. Vaulted ceilings with exposed wood beams create a sense of volume and warmth, while the oversized walk-in closet offers custom built-ins for exceptional storage. The spa-inspired primary bath features dual modern vanities, a freestanding soaking tub, and a separate walk-in shower wrapped in floor-to-ceiling stone. On the lower level, a fully equipped in-law accessory dwelling unit provides outstanding versatility. Complete with its own kitchen, fireplace, and private balcony, this space is ideal for guests, extended family, or additional living flexibility. The bedroom on this level also features a fireplace and opens to a private patio, enhancing its retreat-like feel. Additional highlights include a two-car garage and ample street parking for guests. Public records reflect approximately 4,153 square feet; the property has been independently measured at approximately 5,300 square feet. Buyer to verify all square footage and permitted status to their satisfaction. This is a rare opportunity to experience elevated coastal living in one of Playa del Rey's most sought-after locations an entertainer's dream and a serene sanctuary by the sea.

Last Agent to Sell the Property

Robert Crawford

WE ARE REALTY INC License #01956587 Listed on: 01/26/2026

Co-Listed By

Juan Masso

WE ARE REALTY INC License #02004748

Last Buyer's Agent

Mattia Veloz

Coldwell Banker-Campbell Rltrs License #01463036

Coldwell Banker-Campbell Rltrs

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 6,206 Sq Ft Lot
  • Lot Dimensions are 44x136
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Marina
  • Coastline
  • River
  • Panoramic
  • City Lights
  • Peek-A-Boo
  • Creek or Stream
  • Mountain
  • Hills
  • Park or Greenbelt

Home Design

  • Contemporary Architecture
  • Split Level Home

Interior Spaces

  • 5,330 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Den with Fireplace
  • Bonus Room
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms
  • Freestanding Bathtub
  • Soaking Tub

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Heating
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4116-014-005

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

6,206 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 5330
  • Lot Acreage: 0.1425
  • Lot Dimensions: 44x136
  • Stories: 3
  • Year Built: 1940
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den, Living Room
  • Flooring: Hardwood, Stone Tile
  • Bedrooms: 5
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 4.00
  • Equipment: Alarm System, Cable, Ceiling Fan, Dishwasher, Dryer, Ice Maker, Microwave, Freezer, Garbage Disposal, Range/Oven, Refrigerator, Washer, Gas Or Electric Dryer Hookup, Water Line to Refrigerator
  • Price Per S Q F T: 914.63

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights, Marina, River, Ocean, Mountains, Panoramic, Park, Peek-A-Boo, Hills, Creek/Stream, Coastline
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car
  • Total Parking: 3

Utilities

  • Cooling: Ceiling Fan
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4116-014-005
  • Lot Size Area: 6206

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2026
Closed on
Feb 19, 2026
Sold by
Luv Lux Llc
Bought by
Pitari Family Trust and Pitari
Seller's Agent
Robert Crawford
WE ARE REALTY INC
Buyer's Agent
Mattia Veloz
Coldwell Banker-Campbell Rltrs
List Price
$4,875,000
Sold Price
$4,800,000
Premium/Discount to List
-$75,000
-1.54%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-53.00%
Original Mortgage
$3,000,000
Outstanding Balance
$2,997,076
Interest Rate
6.11%
Mortgage Type
New Conventional
Estimated Equity
$1,625,115

Purchase Details

Closed on
Dec 12, 2023
Sold by
Justin Ross Living Trust
Bought by
Ross Justin

Purchase Details

Closed on
May 25, 2017
Sold by
Ward Beti
Bought by
Ross Justin and Justin Ross Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
3.97%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 13, 2013
Sold by
Ward Beti S
Bought by
Ward Beti and Beti Ward Trust

Purchase Details

Closed on
Nov 2, 2009
Sold by
Ward Beti S and Ward Beti
Bought by
Ward Beti S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$995,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2001
Sold by
Reish Robert C and Reish Susan Nalani
Bought by
Ward Beti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.5%

Purchase Details

Closed on
Sep 18, 1995
Sold by
Reish Robert C and Reish Susan Nalani
Bought by
Reish Robert C
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $4,800,000 Lawyers Title
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Grant Deed $2,000,000 Old Republic Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Lawyers Title Company
Grant Deed $1,680,000 Southland Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,000,000 New Conventional
Previous Owner $1,800,000 Seller Take Back
Previous Owner $995,000 New Conventional
Previous Owner $1,000,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2026 03/18/26 Sold $4,800,000 -1.5% $901 / Sq Ft
02/09/2026 02/09/26 Pending -- -- --
01/26/2026 01/26/26 For Sale $4,875,000 0.0% $915 / Sq Ft
01/24/2025 01/24/25 Rented $18,500 +2.8% --
01/03/2025 01/03/25 For Rent $17,999 0.0% --
01/01/2025 01/01/25 Off Market $17,999 -- --
12/05/2024 12/05/24 Price Changed $17,999 -10.0% $4 / Sq Ft
11/15/2024 11/15/24 For Rent $19,999 -- --
Source: The MLS

Tax History

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 $27,806 $2,321,169 $1,740,877 $580,292
2024 $27,806 $2,275,657 $1,706,743 $568,914
2023 $27,268 $2,231,037 $1,673,278 $557,759
2022 $25,998 $2,187,292 $1,640,469 $546,823
2021 $25,672 $2,144,404 $1,608,303 $536,101
2019 $24,900 $2,080,800 $1,560,600 $520,200
2018 $24,689 $2,040,000 $1,530,000 $510,000
2016 $25,799 $2,138,458 $1,389,999 $748,459
2015 $25,419 $2,106,337 $1,369,120 $737,217
2014 $25,491 $2,065,077 $1,342,301 $722,776
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 26642075

The MLS

APN: 4116-014-005

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