NOT LISTED FOR SALE

355 Rees St Playa Del Rey, CA 90293

Estimated Value: $3,466,000 - $4,133,000

4 Beds
4.5 Baths
4,200 Sq Ft
$929/Sq Ft Est. Value

Last Sold October 02, 2023

Last sale price $3,400,000 $810 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $22,614/month

Highlights

  • Ocean View
  • Detached Guest House
  • Family Room with Fireplace
  • Kentwood Elementary Rated A-
  • 0.28 Acre Lot
  • Traditional Architecture

About This Home

As of February 2024

Welcome to this spectacular 4-bedroom, 4.5-bathroom + office home nestled on the prime Hill Section of Playa Del Rey, on one of the largest lots (over 12,000 square feet) in the area, offering panoramic views of the city, mountains, marina, and sea. The spacious 4,200-square-foot home comes with a separate guest house, perched just above the 2-car garage. Living room is flooded in natural light and surrounded by the lush greenery of the backyard, resembling a private oasis. Open kitchen boasts premium appliances, including a Sub-Zero fridge, Wolf range, Viking microwave, and custom cabinets, elegant granite countertops, and central island. There are two bedrooms and an enough sized bonus room. Bathroom, reminiscent of a luxurious resort, is remodeled with skylights that fill the space with natural light. On the second floor, a large family room with a minibar opens to a vast outdoor deck, offering breathtaking views of the marina and mountains. Enjoy quality time with family and guests in the cozy atmosphere. There's also a laundry space on the second floor, along with a second fridge. Luxurious primary suite features a separate seating area, private balcony, and spa-like bathroom. The outdoor space on the property is expertly landscaped with drought-resistant plants and a drip irrigation system. On the third floor, there's a rooftop deck with 360-degree views, perfect for witnessing the sunset over the sea and mountains. Additionally, there's a separate guest house with its own kitchen, bathroom, and private balcony a bright and airy space cooled by the refreshing ocean breeze. Not only is this residence conveniently located near the airport and beach, but it's also surrounded by excellent restaurants, bike and walking paths. This home truly epitomizes the Californian lifestyle, offering everything you need for comfortable living.

Last Agent to Rent the Property

Ayano Chikakiyo

Person Realty, Inc. License #02162549 Listed on: 01/17/2024

Co-Listed By

Natsuki Takano

Person Realty, Inc. License #01872835

Last Renter's Agent

Ayano Chikakiyo

Person Realty, Inc. License #02162549 Listed on: 01/17/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 84x132
  • Property is zoned LAR1

Parking

  • 2 Car Detached Garage

Property Views

  • Ocean
  • Marina
  • Coastline
  • Panoramic
  • City Lights
  • Trees
  • Creek or Stream
  • Mountain

Home Design

  • Traditional Architecture

Interior Spaces

  • 4,200 Sq Ft Home
  • 1-Story Property
  • Bar
  • Ceiling Fan
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Sun or Florida Room
  • Intercom

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dressing Area

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Open Patio
  • Detached Guest House
  • Central Heating

Listing and Financial Details

  • Security Deposit $9,500
  • Tenant pays for electricity, gas, trash collection, water
  • 12 Month Lease Term
  • Assessor Parcel Number 4116-015-024

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Rental Info

  • Security Deposit: 9500
  • Tenant Pays: Electricity, Gas, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Traditional
  • Single Family Or Apt: Single Family
  • Levels: Two
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 4200
  • Lot Acreage: 0.2769
  • Lot Dimensions: 84x132
  • Stories: 1
  • Year Built: 1952
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Living Room, Family Room
  • Flooring: Hardwood, Carpet, Tile
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Total Bathrooms: 5.00
  • Equipment: Range/Oven, Refrigerator, Washer, Dryer, Microwave, Intercom, Garbage Disposal, Hood Fan, Ceiling Fan, Dishwasher
  • Price Per S Q F T: 2.26

Exterior Features

  • Guest House: Detached
  • Pool: No
  • View: City Lights, Coastline, Ocean, Mountains, Tree Top, Panoramic, Marina, Creek/Stream
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Detached
  • Total Parking: 2

Utilities

  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4116-015-024
  • Lot Size Area: 12062

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Sep 15, 2023
Sold by
Morris Family Trust
Bought by
Adler Richard M
Seller's Agent
Jesse Weinberg
Jesse Weinberg
Buyer's Agent
toyohiko katabami
Premier Realty Associates
List Price
$3,599,000
Sold Price
$3,400,000
Premium/Discount to List
-$199,000
-5.53%
Views
111
Current Estimated Value
$3,665,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,810
Avg. Annual Appreciation
6.26%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Adler Richard M $3,400,000 Fidelity National Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/20/2024 02/20/24 Rented $9,000 -5.3% --
01/17/2024 01/17/24 For Rent $9,500 0.0% --
10/02/2023 10/02/23 Sold $3,400,000 -5.5% $810 / Sq Ft View Prior Sale
08/03/2023 08/03/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $3,599,000 -- $857 / 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 $41,337 $3,468,000 $2,244,000 $1,224,000
2024 $41,337 $3,400,000 $2,822,000 $578,000
2023 $7,432 $580,695 $128,655 $452,040
2022 $7,102 $569,310 $126,133 $443,177
2021 $6,994 $558,148 $123,660 $434,488
2019 $6,790 $541,595 $119,994 $421,601
2018 $6,708 $530,977 $117,642 $413,335
2016 $6,384 $510,361 $113,075 $397,286
2015 $6,294 $502,696 $111,377 $391,319
2014 $6,322 $492,850 $109,196 $383,654
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-347866

The MLS

APN: 4116-015-024