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265 Redlands Street, Playa Del Rey, California 90293, Playa Del Rey, 90293 - 5 bed, 5 bath

265 Redlands Street, Playa Del Rey, California 90293 home-pic-0
ACTIVE$3,950,000
265 Redlands Street, Playa Del Rey, California 90293
5Beds
5Baths
4,700Sqft
5,067Lot

Price Vs. Estimate

The estimated value ($3,950,000) is $0 (0%) lower than the list price ($3,950,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Richmond Street Elementary School (9/10). High School: El Segundo High School (10/10).
Top Cons:
Multiple Price Reductions: The property has undergone significant price drops, including an initial reduction of nearly $300,000, which may indicate overpricing or challenges in attracting buyers at previous price points.

Compared to the nearby listings

Price:$3.95M vs avg $1.94M (+$2,015,000)82%
Size:4,700 sqft vs avg 2,544 sqft94%
Price/sqft:$840 vs avg $91435%

More Insights

Built in 1954 (71 years old).
Condition: Despite being built in 1954, this property has undergone extensive and high-quality renovations, particularly in key areas. The description explicitly states a 'newly remodeled bath' in the primary suite with a soaking tub, large shower, and dual sinks, which is supported by the modern and stylish appearance of the bathrooms in the images (e.g., contemporary vanities, glass shower enclosures, subway tiling). The kitchen features 'stainless steel appliances' and an 'Italian stove' with an island, indicating high-end, modern updates. The entire home boasts consistent 'hardwood floors and wood ceilings,' which appear to be in excellent condition and contribute to a modern, cohesive aesthetic. While the property's age (1954) might suggest potential for older systems, the visible renovations are comprehensive and recent, bringing the home to a virtually new standard in terms of finishes and functionality, with no immediate renovation required and meeting current quality standards.
Year Built
1954
Close
-
List price
$3.95M
Original List price
$4.45M
Price/Sqft
$840
HOA
-
Days on market
-
Sold On
-
MLS number
25569893
Home ConditionExcellent
Features
Excellent View: City Lights, Harbor, Ocean, Water
Deck
Pool
Spa
Patio
ViewCity Lights,Harbor,Ocean,Water

About this home

Price dropped by nearly $300,000don'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.

Nearby schools

4/10
Paseo Del Rey Natural Science Magnet
Public,•K-5•0.7mi
4/10
Loyola Village Elementary School
Public,•K-5•1.4mi
6/10
Playa Vista Elementary
Public,•K-6•1.8mi
8/10
Coeur D'Alene Avenue Elementary School
Public,•K-5•2.6mi
9/10
Richmond Street Elementary School
Public,•K-5•2.6mi
8/10
Playa Del Rey Elementary School
Public,•K-5•2.9mi
4/10
Orville Wright Engineering And Design Magnet
Public,•6-8•2.5mi
2/10
Marina Del Rey Middle School
Public,•6-8•2.7mi
8/10
El Segundo Middle School
Public,•6-8•3.3mi
4/10
Westchester Enriched Sciences Magnets
Public,•9-12•1.1mi
10/10
El Segundo High School
Public,•9-12•2.6mi
6/10
Venice Senior High School
Public,•9-12•3.1mi

Price History

Date
Event
Price
04/06/23
Sold
$3,440,000
04/13/16
Sold
$2,430,000
Condition Rating
Excellent
Despite being built in 1954, this property has undergone extensive and high-quality renovations, particularly in key areas. The description explicitly states a 'newly remodeled bath' in the primary suite with a soaking tub, large shower, and dual sinks, which is supported by the modern and stylish appearance of the bathrooms in the images (e.g., contemporary vanities, glass shower enclosures, subway tiling). The kitchen features 'stainless steel appliances' and an 'Italian stove' with an island, indicating high-end, modern updates. The entire home boasts consistent 'hardwood floors and wood ceilings,' which appear to be in excellent condition and contribute to a modern, cohesive aesthetic. While the property's age (1954) might suggest potential for older systems, the visible renovations are comprehensive and recent, bringing the home to a virtually new standard in terms of finishes and functionality, with no immediate renovation required and meeting current quality standards.
Pros & Cons

Pros

Great Schools: Elementary School: Richmond Street Elementary School (9/10). High School: El Segundo High School (10/10).
Exceptional Panoramic Views: The property boasts stunning panoramic views of the Pacific Ocean, downtown Los Angeles, Palos Verdes, LAX, and the Palisades from multiple rooms and the rooftop patio, offering a premium coastal living experience.
Luxurious Outdoor & Entertainment Amenities: Features include a rooftop patio, a pool, a spa, a private primary patio with a BBQ grill, an open bar with a beverage fridge, and a formal dining room with a view balcony, ideal for entertaining and relaxation.
Spacious & Versatile Floor Plan: With 5 bedrooms and 4700 sqft, the home offers a generous layout including multiple living areas (large living room, open family room, cozy sitting area with pool table, loft/office), catering to diverse lifestyle needs.
High-End Kitchen & Primary Suite Updates: The kitchen is equipped with stainless steel appliances, an Italian stove, and an island, while the primary suite features a newly remodeled bath with a soaking tub, large shower, and dual sinks, enhancing modern comfort and appeal.
Distinctive Architectural Features: Beautiful wood ceilings and hardwood floors throughout the home create a spacious feel, maximize natural light, and add significant character and aesthetic value.

Cons

Multiple Price Reductions: The property has undergone significant price drops, including an initial reduction of nearly $300,000, which may indicate overpricing or challenges in attracting buyers at previous price points.
Age of Property & Potential System Updates: Built in 1954, while some areas are remodeled, the core age of the property suggests potential for original or aging infrastructure (e.g., plumbing, electrical, HVAC) that may require future investment, as comprehensive system updates are not specified.
Limited Traditional Yard Space: With a 4700 sqft home on a 5067 sqft lot, and existing pool/spa, the property likely offers minimal traditional green yard space, which might not appeal to buyers seeking larger outdoor areas for gardening or play.

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