NOT LISTED FOR SALE

254 Rees St Playa Del Rey, CA 90293

Estimated Value: $3,490,000 - $3,936,000

4 Beds
4.5 Baths
3,480 Sq Ft
$1,068/Sq Ft Est. Value

Last Sold August 16, 2023

Last sale price $3,600,000 $1,034 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $23,734/month

3 Days on Market

Highlights

  • Ocean View
  • Attached Guest House
  • Open Floorplan
  • Kentwood Elementary Rated A-
  • Primary Bedroom Suite
  • Colonial Architecture

About This Home

As of August 2023

Exquisite Spanish Colonial nestled on an expansive hilltop lot, offering breathtaking views of the ocean, the Marina & Malibu. Constructed in 1925 and extensively remodeled in 2018, this one of a kind property features 4 spacious bedrooms, 4.5 bathrooms and a bonus private guest space/office atop Playa's coveted northwest "Palisades del Rey" bluff. Marvel at the high ceilings, graceful archways, floor-to-ceiling fireplace and spectacular picture windows that provide stunning vistas of the coast. The formal dining room is filled with character featuring stained glass windows, through which the setting sun over the Marina becomes dinner time's main attraction. The light-filled kitchen is outfitted with beautiful hickory cabinets, Thermador appliances, gorgeous quartzite countertops and a charming breakfast nook. The additional family room is perfect for indoor-outdoor entertaining with wall-to-wall accordion doors that open to a sprawling backyard. Retreat to the primary bedroom suite, complete with built-in wood cabinetry decorated with stained glass panels, a cozy fireplace, and a private balcony where you can experience towering views, holiday parades, and fireworks on the 4th of July. This full smart home is the perfect entertainment hub for hosting guests, with its powerful Sonos system providing a multi-dimensional soundscape throughout. Just a few strides away from the beach, volleyball courts, bike paths, shops and restaurants, this unique residence is in the perfect location to immerse yourself in the epitome of a luxurious coastal lifestyle, where elegance and sophistication meet blissful relaxation.

Last Agent to Sell the Property

Jackie Smith

Compass License #01889096 Listed on: 07/14/2023

Compass

Co-Listed By

Glenn McCuen

Compass License #02151908

Last Buyer's Agent

angela forgo

Compass License #01324702

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,618

Year Built

  • Built in 1925 | Remodeled

Lot Details

  • 7,376 Sq Ft Lot
  • Lot Dimensions are 54x130
  • North Facing Home
  • Fenced Yard
  • Wrought Iron Fence
  • Landscaped
  • Hilltop Location
  • Lawn
  • Back Yard
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Property Views

  • Ocean
  • Marina
  • Coastline
  • Views of a pier
  • Lagoon
  • Panoramic
  • Skyline

Home Design

  • Colonial Architecture
  • Combination Foundation
  • Raised Foundation
  • Slab Foundation
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 3,480 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • High Ceiling
  • Recessed Lighting
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Utility Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Oven
  • Range with Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Powder Room
  • In-Law or Guest Suite
  • Double Vanity
  • Bathtub with Shower
  • Double Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Room in yard for a pool
  • Balcony
  • Open Patio
  • Rain Gutters

Additional Homes

  • Attached Guest House

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Card or Code Access

Listing and Financial Details

  • Assessor Parcel Number 4116-016-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,618

Year Built

Built in 1925 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish Colonial
  • Street Number Display: Yes
  • Entry Location: Main Level
  • Living Area: 3480
  • Lot Acreage: 0.1693
  • Lot Dimensions: 54x130
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1925
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Beamed Ceiling(s), Open Floor Plan, Recessed Lighting, Storage Space, High Ceilings (9 Feet+)
  • Number Of Remote Controls: 2
  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Hardwood, Tile
  • Appliances: Range Hood, Range, Oven, Microwave
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Bedroom Features: WalkInCloset, Master Bedroom, Master Suite
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Shower, Double Vanity(s), Tile, Remodeled, Shower and Tub, Shower Over Tub, Powder Room
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Breakfast Area, Breakfast Nook, Dining Area, Living Room, Formal Dining Rm, Family Room, In Kitchen
  • Kitchen Features: Counter Top, Open to Family Room, Remodeled, Pantry
  • Laundry: In Closet
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Dryer, Dishwasher, Freezer, Garbage Disposal, Microwave, Washer, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 1004.31

Exterior Features

  • Direction Faces: North
  • Construction: Stucco
  • Other Features: Balcony, High Ceilings (9 Feet+), Rain Gutters, Slab
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Combination, Slab, Raised
  • Fence: Wrought Iron
  • Guest House: Attached
  • Patio: Balcony, Patio Open, Tile
  • Pool Description: Room For
  • Pool: No
  • Roof: Spanish Tile
  • Spa Yn: No
  • View: Marina, Ocean, Skyline, City, City Lights, Coastline, Panoramic, Lagoon, Pier
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 1
  • Parking Garage: Above Street Level, Built-In Storage, Driveway, Door Opener
  • Total Parking: 3

Utilities

  • Water Heater: Tankless
  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Exterior Security Lights, Fire and Smoke Detection System, Card/Code Access, Smoke Detector
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4116-016-011
  • Lot Description: Gutters, Yard, Street Lighting, Exterior Security Lights, Fenced, Fenced Yard, Back Yard, Lawn, Landscaped
  • Lot Location: Hilltop
  • Lot Size Area: 7376

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2024
Sold by
Zonno Alan J
Bought by
Rees Street Trust and Barth
Current Estimated Value
$3,717,545

Purchase Details

Listed on
Jul 14, 2023
Closed on
Aug 11, 2023
Sold by
Camp Marshall and Camp Courtney E
Bought by
Zonno Alan J
Seller's Agent
Jackie Smith
Compass
Buyer's Agent
angela forgo
Compass
List Price
$3,495,000
Sold Price
$3,600,000
Premium/Discount to List
$105,000
3%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.59%
Original Mortgage
$2,700,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 17, 2017
Closed on
Apr 26, 2017
Sold by
Hammer Steven H and Hammer Martha W
Bought by
Camp Marshall and Black Courtney E
Seller's Agent
Alice Plato
Coldwell Banker Realty
Buyer's Agent
Peter Bergman
Equity Union
List Price
$2,799,000
Sold Price
$2,761,750
Premium/Discount to List
-$37,250
-1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%
Original Mortgage
$2,485,575
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2015
Sold by
Hammer Steven H and Hammer Martha W
Bought by
Hammer Community Property Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$529,800
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2001
Sold by
Hammer Steven Hadley and Hammer Martha W
Bought by
Hammer Steve and Hammer Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.06%
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Rees Street Trust -- None Listed On Document
Zonno Alan J $3,600,000 Equity Title Company
Camp Marshall $2,762,000 Fidelity National Title
Hammer Community Property Trust -- Chicago Title
Hammer Steve -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zonno Alan J $2,700,000
Previous Owner Camp Marshall $2,382,223
Previous Owner Camp Marshall $760,000
Previous Owner Camp Marshall $2,485,575
Previous Owner Hammer Community Property Trust $529,800
Previous Owner Fammer Steve $125,000
Previous Owner Hammer Steve $200,000
Previous Owner Hammer Steve $200,000
Previous Owner Hammer Steven H $271,000
Previous Owner Hammer Steve $150,000
Previous Owner Hammer Steve $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2023 08/16/23 Sold $3,600,000 +3.0% $1,034 / Sq Ft
07/17/2023 07/17/23 Pending -- -- --
07/14/2023 07/14/23 For Sale $3,495,000 +26.6% $1,004 / Sq Ft
06/07/2017 06/07/17 Sold $2,761,750 -1.3% $878 / Sq Ft
04/22/2017 04/22/17 Pending -- -- --
04/17/2017 04/17/17 For Sale $2,799,000 -- $890 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $43,618 $3,672,000 $2,795,412 $876,588
2024 $43,618 $3,600,000 $2,740,600 $859,400
2023 $39,471 $3,254,852 $2,324,850 $930,002
2022 $37,622 $3,191,032 $2,279,265 $911,767
2021 $37,169 $3,128,464 $2,234,574 $893,890
2019 $36,046 $2,917,846 $2,168,297 $749,549
2018 $34,545 $2,860,634 $2,125,782 $734,852
2016 $6,357 $516,565 $97,736 $418,829
2015 $6,265 $508,806 $96,268 $412,538
2014 $6,291 $498,840 $94,383 $404,457
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-290659

The MLS

APN: 4116-016-011