SOLD JAN 6, 2026

Off Market Jan 2026 for $1.7M

—

Est. refi paymentEst. refi $11,193/mo

•

— ba

•

2,328

sq ft

116 Rees St, Playa del Rey, CA 90293

About this home

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 !

Multi-familyProperty Type

1956Year Built

2,551 sq ftLot Size

$730Price/Sq.Ft.

2 car garageParking

Listed by Martin Watkins •DRE #01249364 • Watkins Realty & Investments

•310-901-9356 (agent)

•watkinsrealtyinv@gmail.com (agent)

Bought with Lisa Guan •DRE #01912732 • Pinnacle Real Estate Group

Redfin checked: a minute ago

•Source:TheMLS #25604737

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in Playa del Rey, CA

Last updated July 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

100.7%

+1.2% MoM

Median sale price

$1.6M

$184K MoM

Avg. days on market

61d

11 days MoM

Recently sold homes

3 MoM

New listings for sale

NEW 13 HRS AGO
$5,595,000
3 beds3 baths5,476 sq ft
147 Napoleon St, Playa del Rey, CA 90293
OPEN SUN, 2PM TO 4PM
$599,000
2 beds2 baths1,048 sq ft
7742 Redlands St Unit D1046, Playa del Rey, CA 90293
OPEN SUN, 2PM TO 5PM
$649,000
2 beds2 baths930 sq ft
8358 Manitoba St #8, Playa del Rey, CA 90293
OPEN SUN, 1PM TO 4PM
$775,000
2 beds2 baths1,140 sq ft
8515 Falmouth Ave #209, Playa del Rey, CA 90293
OPEN SUN, 1:30PM TO 4:30PM
$1,425,000
2 beds1 bath922 sq ft
7203 Earldom Ave, Playa del Rey, CA 90293
OPEN TODAY, 1PM TO 4PM
$1,798,000
4 beds3 baths1,988 sq ft
7839 W 80th St, Playa del Rey, CA 90293
Wetrust Realty
OPEN SUN, 2PM TO 5PM
$689,000
2 beds2 baths1,030 sq ft
8358 Manitoba St #5, Playa del Rey, CA 90293
See all

Provided by Redfin

Sale history for 116 Rees St

Year

Property tax

Land + Additions

Assessment*

2025

$2,382 (+2.5%)

$110,298 + $64,917

$175,215

2024

$2,324 (+1.6%)

$110,298 + $64,917

$175,215

2023

$2,287 (+4.4%)

$108,136 + $63,645

$171,781

2022

$2,189 (+2.0%)

$106,016 + $62,398

$168,414

2021

$2,147 (−0.8%)

$103,938 + $61,175

$165,113

2020

$2,164 (+3.7%)

$101,900 + $59,976

$161,876

2019

$2,086 (+2.4%)

$100,856 + $59,362

$160,218

2018

$2,036 (+2.0%)

$98,879 + $58,199

$157,078

2017

$1,996 (+3.7%)

$95,041 + $55,940

$150,981

2016

$1,924 (+1.4%)

$95,041 + $55,940

$150,981

2015

$1,897 (−1.1%)

$93,178 + $54,844

$148,022

2014

$1,918 (−1.1%)

$89,982 + $52,963

$142,945

2012

$1,939 (+2.5%)

$89,576 + $52,724

$142,300

2011

$1,891 (−1.3%)

$87,820 + $51,691

$139,511

2010

$1,916 (+4.1%)

$86,099 + $50,678

$136,777

2009

$1,840 (+4.1%)

$85,456 + $50,300

$135,756

2008

$1,767

$85,660 + $50,420

$136,080

Tax history for 116 Rees St

Year

Property tax

Land + Additions

Assessment*

2025

$2,382 (+2.5%)

$110,298 + $64,917

$175,215

2024

$2,324 (+1.6%)

$110,298 + $64,917

$175,215

2023

$2,287 (+4.4%)

$108,136 + $63,645

$171,781

2022

$2,189 (+2.0%)

$106,016 + $62,398

$168,414

2021

$2,147 (−0.8%)

$103,938 + $61,175

$165,113

2020

$2,164 (+3.7%)

$101,900 + $59,976

$161,876

2019

$2,086 (+2.4%)

$100,856 + $59,362

$160,218

2018

$2,036 (+2.0%)

$98,879 + $58,199

$157,078

2017

$1,996 (+3.7%)

$95,041 + $55,940

$150,981

2016

$1,924 (+1.4%)

$95,041 + $55,940

$150,981

2015

$1,897 (−1.1%)

$93,178 + $54,844

$148,022

2014

$1,918 (−1.1%)

$89,982 + $52,963

$142,945

2012

$1,939 (+2.5%)

$89,576 + $52,724

$142,300

2011

$1,891 (−1.3%)

$87,820 + $51,691

$139,511

2010

$1,916 (+4.1%)

$86,099 + $50,678

$136,777

2009

$1,840 (+4.1%)

$85,456 + $50,300

$135,756

2008

$1,767

$85,660 + $50,420

$136,080

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

2,551

Year renovated

2026

Sq. Ft.

2,328

Year built

1956

Style

Multi-Family (2-4 Unit)

County

Los Angeles County

APN

4116033018

Parking Spaces

Basement

Accessible

HOA Dues

—

Garage

Yes

Features

Views, Waterfront

Last updated by owner on Aug 8, 2026.

Property details

Parking

Garage
1 Car Garage
Garage Structures Total: 2
# of Garage Spaces: 2

Parking
# of Parking Spaces (Total): 2
# of Covered Parking Spaces: 2

Interior

Equipment
Ceiling Fan, Garbage Disposal, Built-Ins

Heating & Cooling
No Cooling
Baseboard Heat

Multi-Unit Income
Gross Income: 120000
Gross Operating Income: $116,400
Net Operating Income: $87,700

Multi-Unit Expenses
Total Annual Expense: $28,700

Multi-Unit Other Financial Information
Gross Rent Multiplier: 15.2
Vacancy Rate: 3,600
Vacancy Allow Dollar: $3,600
Vacancy Allow %: 3
Scheduled Actual: Scheduled

Multi-Unit Information
Unit Type Type: 1, 2
Type Of Units: 2
# of Buildings: 1

Unit 1 Information
# of Beds: 4
# of Baths: 2.00
Rent: $5,500
Projected Rent: $5,500
Actual Rent: $3,500
# of Units: 116

Unit 2 Information
# of Beds: 3
# of Baths: 1.00
Projected Rent: $4,500
# of Units: 118

Exterior

Building Information
Total Floors: 2
One Level

Exterior Features
Other Structural Features: Balcony

Property Information
Property Type: Residential Income

Land Information
Other Structures: GuestHouse

Lot Information
Lot Size (Sq. Ft.): 2,551
Lot Size (Acres): 0.0586
Zoning: LAR3
Lot Location: Alley Access, Beach Access
Waterfront: Beach Rights, Ocean

Property Features
Has View
View: Water

Financial

Assessment Information
Assessed Total Value: $171,781
Assessed Land Value: $108,136
Assessed Land %: 62.95
Assessed Improvement Value: $63,645
Assessed Improvement %: 37.05
Assessor Parcel Number: 4116-033-018

Location

Community Information
# of Units in Complex (Total): 2

Location Information
Directions: West on Culver past Vista Del Mar to Trolley place to Rees St

Public facts

Beds: 6
Baths: 2.0
Sq. Ft.: 2,328
Stories: —
Parking Spaces: 2
Basement: No
Accessible: No
Lot Size: 2,551 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1956
Year Renovated: 2026
County: Los Angeles County
APN: 4116033018
HOA Dues: —
Garage: Yes
Features: Views, Waterfront

Home facts updated by owner on Aug 8, 2026

Other

Documents & Disclosures
Disclosures: As Is

Around this home

Schools

Paseo Del Rey Natural Science Magnet

Public K-5 • Assigned • 0.8mi

5/10

Katherine Johnson STEM Academy

Public 6-8 • Assigned • 1.2mi

7/10

Westchester Enriched Sciences Magnet Health/Sports Medicine

Public 9-12 • Assigned • 1.1mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

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Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

6 days above 82° expected this year, 16 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

4/10 Air Factor

6 unhealthy days expected this year, 7 days in 30 years

Provided by First Street

Historical weather

Playa del Rey, CA • 90293

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.2 hours in June and 6.7 hours in December, placing it above the U.S. average for solar exposure.

9.2 hrs

6.7 hrs

JuneDecember

Provided by Shadowmap

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New listings for sale in 90293

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Home values near 116 Rees St

Data from public records.

Address	Redfin Estimate
125 Rees Street, Playa del Rey, CA 7 Beds \| 3 Baths \| 2138 Sq. Ft.	$1,690,623
113 Rees Street, Playa del Rey, CA 4 Beds \| - Baths \| 2256 Sq. Ft.	$2,161,031

Address	Redfin Estimate
121 Rees Street, Playa del Rey, CA 4 Beds \| 3 Baths \| 2340 Sq. Ft.	$1,839,720
109 Rees Street, Playa del Rey, CA 6 Beds \| 2 Baths \| 2016 Sq. Ft.	—

Address	Redfin Estimate
117 Rees Street, Playa del Rey, CA 4 Beds \| 4 Baths \| 2354 Sq. Ft.	$2,043,448
105 Rees Street, Playa del Rey, CA 4 Beds \| 4 Baths \| 2354 Sq. Ft.	$1,803,224

Property information provided by TheMLS when last listed in 2025. This data may not show owner updates. Learn more.

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About this home

Redfin Estimate

Market trends in Playa del Rey, CA

Sale history for 116 Rees St

Tax history for 116 Rees St

Public record

Property details

Around this home

Schools

Lifestyle

Local insights from Redfin agents

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 90293

Home values near 116 Rees St

More real estate resources