Playa Del Rey Real Estate
Playa del Rey is a secluded beachtown located a few miles north of Los Angeles International Airport. In Spanish, Playa del Rey is known as the Beach of the King. In fact, in the 1920s this oceanside hideaway was considered a haven for surfers and the wealthy. Playa del Rey is located south of Marina del Rey with Ballona Creek running between the two communities. Residences in Playa del Rey have breathtaking, unobstructed views of the Pacific Ocean. 
Compared to other areas on the Westside, Playa del Rey is considered small. However, recent development of new housing units and office complexes in the last few years have contributed to the welcome growth of the community. Current residents and business owners are expanding and remodeling their homes.
Loyola Marymount University is located in Playa del Rey. Schools in Playa del Rey are governed by Los Angeles School District.
As of June 2008, single family homes for sale in Playa del Rey range from a 3-bedroom, 2-bath home at $1,690,000 to a 5-bedroom, 3.5-bath home with views Playa Bluffs at $3,390,000. Home sales activity for the first half of 2008 is not available, however, as of year end 2007, the median price for a single family home was $1,210,000 and the most expensive home sale reported was $1,650,000.
Prices of condos on the market as of June 2008 range from $329,000 for a 1-bedroom, 1-bath unit to $1,175,000 for a 3-bedroom, 2.5-bath beach front home. The most expensive condo sale reported year-to-date was $1,199,000.
Residential leases range from $1,290 per month for a 1-bedroom, 1-bath apartment to a 4-bedroom, 2.5-bath furnished luxury home for $8,500 per month.