Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
Under ContractSingleFamilyResidence

265 Redlands Street

Playa Del Rey, CA, 90293

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$3,599,000

MLS: 25569893

Beds

5

Baths

4

Sq Ft

4,700

Lot

0.12 ac

Year Built

1954

MLS #

25569893

Days on Market

224

Listed

Aug 12, 2025

Description

It's A NEW YEAR and A NEW PRICE! Reduced to $3,699,000. Seller motivated don't miss out! Welcome to ocean breezes in Playa Del Rey. This gorgeous 5-bedroom, 4-bathroom home boasts stunning panoramic views of the Pacific Ocean from multiple rooms. The beautiful wood ceilings create a spacious feel and maximize natural light. Enjoy ultimate relaxation with the rooftop patio, pool, and spa. From the rooftop, you'll take in views of downtown Los Angeles, Palos Verdes LAX, the Palisades, and more. Inside, the home features hardwood floors and wood ceilings throughout. The first floor includes a large living room with a water-facing fireplace, an ensuite bedroom, two additional bedrooms with a shared bath, and a cozy sitting area with a skylight and pool table. Step outside to the lush pool and spa area. Upstairs, the open family room connects to a kitchen with stainless steel appliances, an Italian stove, an island, and a dining area. There's also an open bar with storage and a beverage fridge, plus a formal dining room with a balcony perfect for entertaining while enjoying the view. The primary suite features a newly remodeled bath with a soaking tub, large shower, dual sinks, and a private patio with a BBQ grill, ideal for unwinding. A few steps up, the loft is perfect as an office or den, complete with a large closet and shelving for collectibles. The rooftop is the crown jewel, inviting you to soak up the sun while taking in the surroundings. The spacious 2-car garage offers ample storage, and a separate laundry room holds a side-by-side washer and dryer, plus extra refrigerators. This home has amazing amenities for everyone and is ready to become yours.

Location

Playa Del Rey, Los Angeles County, CA 90293

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Listed by: Michelle Hicks · R. Hicks Realty

Payment estimate

$25,300

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $359,900 · Loan: $3,239,100

%
Principal & Interest
$19,902
Property tax (1.25%)
$3,749
Homeowners insurance
$300
Mortgage insurance
$1,350
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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 $125,965 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.

Local Market Stats

See Playa Del Rey, CA 90293 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

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