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Welcome to this exceptional Playa del Rey property on a rare corner lot less than one mile from the beach, offering the perfect blend of coastal living, modern comfort, and outstanding investment potential. With the main residence accessed from 83rd Street and the detached ADU enjoying its own private entrance from Falmouth, the thoughtfully designed layout provides an ideal balance of privacy and flexibility. A spacious central courtyard creates a wonderful outdoor living area and private play space for children while naturally separating the main home from the detached 3-car garage and 2-bedroom ADU, giving each residence its own sense of privacy and outdoor space. The beautifully updated and newly re-roofed main residence offers 4-bedrooms, 3-bathrooms and approximately 2,268 sq ft of light-filled living space with an open-concept floor plan and seamless flow between the large renovated kitchen, dining area, and family room ideal for everyday living and entertaining. The spacious primary suite features soaring lofted ceilings, a cozy fireplace, and a generous walk-in closet. Thoughtfully renovated throughout, the home is truly move-in ready.Above the detached 3-car garage, the beautifully renovated 783 sq ft, 2-bedroom, 1-bath ADU features its own private entrance and is currently leased month-to-month at $2,953 per month, providing immediate rental income with flexibility for future use.Situated on an R3-zoned lot, the property presents exceptional upside with the potential for up to seven units (Buyer to verify), offering opportunities to expand, redevelop, convert the garage/storage space, or simply hold as a high-performing investment in one of Playa del Rey's most supply-constrained neighborhoods.Just moments from the beach, bike path, LMU, shops, restaurants, parks, and major commuter routes, this rare offering combines a turnkey coastal home with significant income and development potential.Buyer to verify all square footage, permits, zoning, and development opportunities.
Property Type(s):
Single Family
| Last Updated | 7/7/2026 | Year Built | 1959 |
|---|---|---|---|
| Community | C31 - Playa Del Rey | Garage Spaces | 3.0 |
| County | Los Angeles |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Dryer, Microwave, Refrigerator, Washer |
| AREA | C31 - Playa Del Rey |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Central |
| LOT | 6116 sq ft |
| LOT DIMENSIONS | 6114 |
| PARKING | Garage |
| POOL DESCRIPTION | None |
| SEWER | Other |
| STORIES | 2 |
| VIEW DESCRIPTION | None |
Location
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Listed with Californian Estates
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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