Last Sold Price
6 beds3 baths2,328 sqft$730/sqft
116 Rees St, Playa del Rey, CA 90293

Description

Price reduced ! Own a Duplex a few Yards from the Beach in Beautiful Playa Del Rey ! ( Ocean is approx 75 Yards away). Top Unit is 4 Bed / (2) Bath which also includes a Separate Studio With Its Own Entrance and A Lower Unit That is 3 Bed (1) Bath. Each Unit has its Own Separate Garage, Upper unit has a large Balcony ,and Lower Unit has Big Patio area, Washer and Dryer Hookups in each Unit. New Roof, New Facia Boards, New Rain Gutters , New Water Heaters and New Garage Doors are some of the Upgrades...Price reduced ! Own a Duplex a few Yards from the Beach in Beautiful Playa Del Rey ! ( Ocean is approx 75 Yards away). Top Unit is 4 Bed / (2) Bath which also includes a Separate Studio With Its Own Entrance and A Lower Unit That is 3 Bed (1) Bath. Each Unit has its Own Separate Garage, Upper unit has a large Balcony ,and Lower Unit has Big Patio area, Washer and Dryer Hookups in each Unit. New Roof, New Facia Boards, New Rain Gutters , New Water Heaters and New Garage Doors are some of the Upgrades recently done. Floor plans are included in the Pictures and each Apartment is Slightly over 1,300 SQ Feet, However buyers are encouraged to verify Square Footage . Lower Unit Will and be delivered Vacant. Motivated Seller !
LISTING CLOSED: 01/06/2026 12:00 AM

Property Details for 116 Rees Street

Status
MLS #
25604737
Days on Market
53
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income
Year Built
1956
Lot Size
0.06 AC / 2,551 SF
Water Front
Beach Access, Beach Rights, Ocean
Zoning
LAR3
Style
California Bungalow
Parcel Number
4116033018
Total Units
2.0
Living Area
2328
Source Living Area
Vendor Enhanced
Area
Playa Del Rey (C31)
Vacancy Rate
3,600
Lot Size Area
2551
Source Lot Size Area
Vendor Enhanced
Assessor Parcel Number
4116-033-018
Directions
West on Culver past Vista Del Mar to Trolley place to Rees St

Recent comparable sales

Median sold price

$2,120,000

Avg days on market

44

Sale-to-list ratio

98.1%

Playa del Rey, CA

9 comparable properties found

a view of a building with outdoor space
1/3
1

$3,000,000

Sold 06/24/26

6
Bedrooms
3
Bathrooms
2,252
Square Feet
0.07
Acres
a front view of a building
1/42
2

$2,150,000

Sold 11/18/25

6
Bedrooms
2
Bathrooms
1,872
Square Feet
0.06
Acres
3

$1,333,500

Sold 11/12/25

5
Bedrooms
3
Bathrooms
2,329
Square Feet
0.23
Acres
4

$2,075,000

Sold 09/15/25

5
Bedrooms
3
Bathrooms
2,039
Square Feet
0.11
Acres
$2,120,000 | 6669 Vista Del Mar, Playa del Rey, CA 90293
1/3
5

$2,120,000

Sold 06/18/26

3
Bedrooms
3
Bathrooms
2,673
Square Feet
0.06
Acres
a utility room with multiple dryer and washer
1/27
6

$3,300,000

Sold 12/11/24

6
Bedrooms
2
Bathrooms
1,872
Square Feet
0.07
Acres
$4,227,500 | 6935 Trolleyway South, Playa del Rey, CA 90293
1/22
7

$4,227,500

Sold 12/16/25

4
Bedrooms
3
Bathrooms
2,252
Square Feet
0.09
Acres
$1,875,000 | 442 Manitoba Street, Playa del Rey, CA 90293
1/21
8

$1,875,000

Sold 04/22/25

6
Bedrooms
6
Bathrooms
3,120
Square Feet
0.11
Acres
a green field with lots of flowers in it
1/2
9

$1,925,000

Sold 05/06/26

3
Bedrooms
2,603
Square Feet
0.19
Acres

Location

Listing Courtesy of Watkins Realty & Investments, Martin Watkins, DRE #01249364

Sold By Pinnacle Real Estate Group, Lisa Guan, DRE #01912732

Add your commute

Building Information for 116 Rees Street

Stories2Residences-Year Built1956Building Size-Lot Size0.06 AC / 2,551 SF

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$8,840 per month

30 year fixed, 6.55% Interest

Principal and Interest

$8,641

Property Taxes

$199

HOA Dues

$0

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Property Information for 116 Rees Street

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 2
  • View: Yes
  • View Description: Water
  • View: Water
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $116,400
  • Net Operating Income: $87,700.00
  • Gross Income: $120,000
  • Gross Rent Multiplier: $15.20
  • Vacancy Allow Dollar: $3,600.00
  • Vacancy Allow Percent: 3.00%
  • Total Annual Expense: 28700
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.0586
  • Lot Size Square Feet: 2551
  • Lot Location: Alley Access, Beach Access
Parking Details
Parking Details
  • Parking Garage: Garage - 1 Car
  • Total Parking: 2
  • Covered Parking: 2
  • Garage Spaces Total: 2
  • Parking Features: Garage - Single Door
  • Garage Structures Total: 2.0
Interior Features
Interior Features
  • Levels: One
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Cooling Type: None
  • Heating: Baseboard
  • Heating Type: Baseboard
  • Equipment: Ceiling Fan, Garbage Disposal, Built-Ins
  • Interior Features: Ceiling Fan(s)
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structural Features: Balcony
  • Other Structures: GuestHouse
Lease Terms
Lease Terms
  • Entry Date: 10-11-2025
Unit Details
Unit 1 Information
  • Unit Beds: 4
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $5,500.00
  • Unit Actual Rent: $3,500.00
  • Unit Projected Rent: $5,500.00
  • Like Units: 116
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $4,500.00
  • Like Units: 118
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $63,645.00
  • Assessed Improvement Percent: 37.05
  • Assessed Land Value: $108,136.00
  • Assessed Land Percent: 62.95
  • Assessed Total Value: $171,781.00

Property History for 116 Rees Street

DateEvent & SourcePriceAppreciation
Jan 6, 2026

Sold

CRMLS #25604737

$1,700,000
Jan 6, 2026

Sold

CLAW #25604737

$1,700,000
Dec 19, 2025

Sold (Public Record)

Public Record #1925137437

$1,725,000
DateEvent & SourcePrice
01/06/2026

Sold

CRMLS #25604737

$1,700,000
01/06/2026

Sold

CLAW #25604737

$1,700,000
12/19/2025

Sold (Public Record)

Public Record #1925137437

$1,725,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 116 Rees Street

Taxable ValueLand$110,298Additions$64,917Total$175,215
Tax Record2025$2,382 ($199 / month)
Home Facts
Total Finished SqFt2,328 SqFtAbove Grade Finished SqFt2,328 SqFtLot Size2,551 SqFtStyleDuplexYear Built1956ZoningLAR3CountyLOS ANGELESAPN4116-033-018

Schools near 116 Rees Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - K to 5
Public - 6 to 8
Rating
School
Distance
Loyola Village Elementary School
PublicK to 5

Kentwood Elementary School
PublicK to 5

Paseo Del Rey Natural Science Magnet
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 116 Rees Street, Playa del Rey, CA 90293
$1,700,000
6
3
2,328
2,551
2
2,328
2,551
2
1,872
2,552
$550,000
6
2
1,872
2,700
$2,250,000
6
5
2,866
2,552
$2,250,000
5
2,553
2,552

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Watkins Realty & Investments, Martin Watkins, DRE #01249364

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.