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 !
Sold for $1,700,000
$1,700,000
116 Rees St, Playa Del Rey, CA 90293
6beds
3baths
2,328sqft
Multi Family
Built in 1956
-- sqft lot
$1,718,000 Zestimate®
$730/sqft
$5,370 Estimated rent
Home value
$1,718,000
$1.56M - $1.89M
$5,370/mo
Zestimate® history
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List your homeWhat's special
Large balconyNew roofNew rain guttersNew garage doorsNew facia boardsLower unitTop unit
Zillow last checked:
Listing updated:
Listed by:
Martin Watkins DRE # 01249364 310-901-9356,
Watkins Realty & Investments 310-301-3090
Bought with:
Lisa Guan, DRE # 01912732
Pinnacle Real Estate Group
Source: CLAW,MLS#: 25604737
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Baseboard
Cooling
- None
Appliances
- Included: Disposal
Features
- Ceiling Fan(s), Built-Ins
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,328
- Total interior livable area: 2,328 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - 1 Car
- Garage spaces: 2
Features
- Levels: One
- Stories: 2
- Exterior features: Balcony
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Beach Access, Beach Rights, Ocean
Lot
- Size: 2,552 Square Feet
Details
- Additional structures: Guest House
- Parcel number: 4116033018
- Zoning: LAR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: California Bungalow
- Property subtype: Multi Family
Condition
- Year built: 1956
Community & HOA
Location
- Region: Playa Del Rey
Financial & listing details
- Price per square foot: $730/sqft
- Tax assessed value: $171,781
- Date on market: 10/11/2025
Price history
| Date | Event | Price |
|---|---|---|
| 1/6/2026 | Sold | $1,700,000-5.3%$730/sqft |
Source:  CLAW #25604737 Report a problem | ||
| 12/3/2025 | Contingent | $1,795,000$771/sqft |
Source: CLAW #25604737 Report a problem | ||
| 11/10/2025 | Price change | $1,795,000-1.6%$771/sqft |
Source: CLAW #25604737 Report a problem | ||
| 10/11/2025 | Listed for sale | $1,825,000$784/sqft |
Source: CLAW #25604737 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $178,718 +2% |
| 2025 | $2,382 +2.5% | $175,215 +2% |
| 2024 | $2,324 +1.6% | $171,781 +2% |
| 2023 | $2,287 +4.4% | $168,414 +2% |
| 2022 | $2,189 +2% | $165,113 +2% |
| 2021 | $2,147 -0.8% | $161,876 +1% |
| 2020 | $2,164 | $160,218 +2% |
| 2019 | $2,164 +6.3% | $157,078 +2% |
| 2018 | $2,036 | $153,999 +2% |
| 2017 | $2,036 +2% | $150,981 +2% |
| 2016 | $1,996 +3.7% | $148,022 +1.5% |
| 2015 | $1,924 +0.3% | $145,800 +2% |
| 2014 | $1,918 | $142,945 +2.5% |
| 2012 | -- | $139,511 +2% |
| 2011 | -- | $136,777 +0.8% |
| 2010 | -- | $135,756 -0.2% |
| 2009 | -- | $136,080 +2% |
| 2008 | -- | $133,413 +2% |
| 2007 | -- | $130,798 +2% |
| 2006 | -- | $128,234 |
| 2005 | -- | $128,234 +4% |
| 2004 | -- | $123,257 +1.9% |
| 2003 | -- | $120,998 +2% |
| 2002 | -- | $118,626 +4% |
| 2000 | -- | $114,022 |
Find assessor info on the county website
Neighborhood: Playa Del Rey
Nearby homes
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Nearby schools
GreatSchools rating
- 5/10Paseo Del Rey Natural Science MagnetGrades: K-5Distance: 0.8 mi
- 7/10Katherine Johnson STEM AcademyGrades: 6-8Distance: 1.2 mi
- 5/10Westchester Enriched Sciences Magnet Health/Sports MedicineGrades: 9-12Distance: 1.1 mi
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Estimated market value
$1,718,000
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Estimated market value
$1,718,000
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