ActiveSingleFamilyResidence

8228 Rees Street

Playa Del Rey, CA, 90293

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$1,899,000

MLS: 26800091

Beds

4

Baths

4

Sq Ft

2,951

Lot

0.14 ac

Year Built

1962

MLS #

26800091

Days on Market

12

Listed

Apr 24, 2026

Description

*** Playa del Rey Opportunity *** This Mid-Century Modern Gem is on market for first time in over 50 years! Amazing square footage (almost 3000 sq.ft.) available in this rambling two-story home built around a pool courtyard. The pool and home exterior have undergone recent renovation creating a canvas for new owners to write their own story. "Old School" 8-foot deep pool has been entirely resurfaced with updates to code including lighting and second drain. State-of-the-Art pool cover emphasizes safety and reduces evaporation. Updated copper plumbing and new tankless water heater serving master bath. 50-year roof installed in 2015 still under warranty. Entire exterior of property has new drainage and concrete resurfacing, including pool area, west and north sides of home, and balcony deck out front. Don't miss this unique property - it's literally a once in a lifetime opportunity. The possibilities here are endless. All Offers presented immediately.

Location

Playa Del Rey, Los Angeles County, CA 90293

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Listed by: Timothy Jarnot · Westline Properties

Payment estimate

$13,804

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $189,900 · Loan: $1,709,100

%
Principal & Interest
$10,814
Property tax (1.25%)
$1,978
Homeowners insurance
$300
Mortgage insurance
$712
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Today's Rates

As of May 21, 2026

30-year fixed
6.51%
15-year fixed
5.85%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

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 $66,465 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

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.