NOT LISTED FOR SALE

355 Rees St Playa Del Rey, CA 90293

Estimated Value: $3,478,000 - $4,141,000

4 Beds
5 Baths
4,200 Sq Ft
$895/Sq Ft Est. Value

Last Sold October 02, 2023

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

Est. 11% increase in value since last sale

Current estimated payment $24,540/month

About This Home

As of October 2023

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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Oct 4, 2023
Sold by
Adler Richard M
Bought by
Rs Estate Co Ltd
Seller's Agent
Jesse Weinberg
Jesse Weinberg
Buyer's Agent
toyohiko katabami
USA Realty and Loans
List Price
$3,599,000
Sold Price
$3,400,000
Premium/Discount to List
-$199,000
-5.53%
Views
111
Current Estimated Value
$3,757,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$357,948
Avg. Annual Appreciation
6.22%

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
USA Realty and Loans
List Price
$3,599,000
Sold Price
$3,400,000
Premium/Discount to List
-$199,000
-5.53%
Views
111
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Rs Estate Co Ltd -- Accommodation/Courtesy Recordi
Adler Richard M $3,400,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morris Glynn C $100,000
Previous Owner Morris Glynn C $120,000
Previous Owner Morris Glynn C $60,000
Previous Owner Morris Glynn C $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
08/03/2023 08/03/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $3,599,000 -- $857 / Sq Ft

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
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

  • A

    Seller's Agent in 2024

    Ayano Chikakiyo

    Person Realty, Inc.

    (310) 231-1200

    3 Total Sales

    Ayano Chikakiyo
    Section Image
  • Natsuki Takano

    Seller Co-Listing Agent in 2024

    Natsuki Takano

    Person Realty, Inc.

    (310) 985-4334

    19 Total Sales

    Natsuki Takano
    Section Image
  • Jesse Weinberg

    Seller's Agent in 2023

    Jesse Weinberg

    Jesse Weinberg

    (800) 804-9132

    49 in this area

    492 Total Sales

    Jesse Weinberg
    Section Image

  • C

    Seller Co-Listing Agent in 2023

    Christopher O'Brien

    Jesse Weinberg

    (703) 587-2651

    14 in this area

    121 Total Sales

    Christopher O'Brien
    Section Image

  • t

    Buyer's Agent in 2023

    toyohiko katabami

    USA Realty and Loans

    (808) 342-7000

    1 in this area

    3 Total Sales

    toyohiko katabami
    Section Image
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Map

California Los Angeles County Playa Del Rey 90293

355 Rees St, Playa Del Rey, CA

This home is located at 355 Rees St, Playa Del Rey, CA 90293 and is currently estimated at $3,757,948, approximately $894 per square foot. 355 Rees St is a home located in Los Angeles County with nearby schools including Paseo Del Rey Natural Science Magnet, Loyola Village Elementary School, and Kentwood Elementary.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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