249 Waterview Street
Playa Del Rey, CA, 90293
$1,999,000
MLS: SB26048066
Beds
2
Baths
2
Sq Ft
2,040
Lot
0.16 ac
Year Built
1956
MLS #
SB26048066
Days on Market
25
Listed
Mar 6, 2026
Description
Perched high above the coastline in iconic Playa Del Rey, this rare hilltop retreat at 249 Waterview offers breathtaking, unobstructed ocean views in one of Los Angeles’ most coveted beachside communities. With 2,040 square feet of living space on a generous 7,158 sq. ft. lot, this 2 bedroom, 2 bath home captures the essence of coastal California living. Natural light fills the spacious interior, while expansive sightlines showcase stunning sunsets and sweeping water views. A versatile bonus room offers the flexibility to easily convert into a third bedroom, home office, or creative space - adding both functionality and value. Enjoy the best of both elevation and accessibility - just a short walk to the beach, local restaurants, and neighborhood cafés, offering the ultimate coastal lifestyle right outside your door. Move in and enjoy as-is, or reimagine and remodel to unlock immediate upside in a premier location where views like this are truly irreplaceable. Whether you’re seeking a serene primary residence, a coastal escape, or an investment opportunity with equity potential, 249 Waterview delivers location, views, walkability, and endless possibilities.
Location
Playa Del Rey, Los Angeles County, CA 90293
Open on Google Maps ↗Listed by: David Caskey · eXp Realty of California Inc
Payment estimate
$14,186
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $199,900 · Loan: $1,799,100
- Principal & Interest
- $11,054
- Property tax (1.25%)
- $2,082
- Homeowners insurance
- $300
- Mortgage insurance
- $750
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Playa Del Rey home with as little as 3.5% down using an FHA loan — roughly $69,965 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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