
Playa Del Rey, California 90293
This Coastal Hillside Retreat is a Prime Investment Opportunity listed at $1,499,000—positioned well below the $1,548,808 Fair Market Value by 3%. This valuation gap offers $49,808 in Instant Equity. While the property holds a Well-Maintained Condition Rating, its vintage 1949 infrastructure provides significant upside for modernization. Featuring an award-winning terraced backyard and access to top-rated schools including El Segundo High (10/10), this home perfectly balances coastal lifestyle with appreciation potential. It is an ideal acquisition for Owner-Occupants seeking serenity or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 408 Talbert Street Subject | $1,499,000* List Price | 2 | 2 | 1,486 | $888 | - |
A 7839 W 80th Street Sold | $1,310,000 | 4 | 2 | 1,788 | $733 | 0.8 mi |
B 415 Campdell Street Pending | $1,329,000 List Price | 4 | 2 | 1,355 | $981 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1949, this home is exceptionally well-maintained and move-in ready, but its core aesthetic and fixtures are dated. The kitchen features older tile countertops and cabinetry styles, and the use of Saltillo pavers throughout suggests the last major renovation likely occurred 15 to 30 years ago. While it features high-quality maintenance and unique character like beamed ceilings and an award-winning backyard, it lacks the modern updates and high-end finishes required for a 'Good' or 'Excellent' rating.
Elementary School: Richmond Street Elementary School (9/10). High School: El Segundo High School (10/10).
Situated on the coveted Playa del Rey Hill, this home is just four blocks from the beach and minutes from the Silicon Beach tech hub, offering a rare blend of coastal serenity and professional convenience.
The property features an award-winning terraced backyard and a private enclosed patio accessible from both bedrooms, creating a secluded, lush oasis for entertaining and relaxation.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1486, other record living area = 1452.
Despite the inclusion of LAX/FAA soundproofing, the property's location near the airport may result in audible aircraft noise, particularly when utilizing the outdoor living spaces.
Originally built in 1949, the home may require ongoing maintenance or updates to its older systems to meet the efficiency and technical standards of modern luxury buyers.
Tucked away on the coveted Playa del Rey Hill, this light-filled coastal retreat offers the rare combination of privacy and ocean-close living; just four blocks from the sand and moments from Playa Vista and Silicon Beach. The home welcomes you with soaring beamed wood ceilings, beautiful skylights, and classic Saltillo pavers that anchor the main living spaces in warmth and character. French doors throughout invite ocean breezes to move freely from room to room, while the living room fireplace creates a cozy focal point for relaxed evenings at home. Both bedrooms open directly to a private enclosed patio ideal for morning coffee, yoga, or quiet relaxation. The spacious primary suite features a large walk-in closet plus an additional wardrobe closet. The second bedroom offers generous space, a walk-in closet, and a charming bay window. The square, well-appointed kitchen is filled with natural light from a skylight and includes a gas range, double-door refrigerator, dishwasher, microwave, ceiling fan, and abundant cabinetry perfect for both daily living and entertaining. An included additional den provides flexible space for a home office, studio, or guest area. Living and dining areas open seamlessly to a stunning, award-winning terraced backyard an upslope oasis with lush landscaping designed for dining, entertaining, gardening, and unwinding in total privacy. The home is oriented toward the backyard, creating a peaceful, secluded feel that must be experienced in person. Additional highlights include soundproofing completed through the LAX/FAA program and a location that places you minutes from coastal bike paths, Dockweiler Beach, Playa Vista dining and tech hubs, and all that Westside living has to offer. A rare opportunity to enjoy coastal California living with space, serenity, and exceptional outdoor beauty.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.3 mi
Grades K-6 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 6% |
| Baths | 2.0 | 3.0 | 11% |
| Square foot | 1,486 | 2,557 | 6% |
| Lot Size | 6,002 | 5,022 | 72% |
| Price | $1.50M | $2.03M | 11% |
| Price per sq ft | $1.0K | $895 | 78% |
| Built year | 1949 | 1967 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 62 | 100 | 17% |
Feb 19, 2026
$1,499,000
Initial Listing