7862 W Manchester, Playa Del Rey, California 90293, Playa Del Rey, 90293 - 3 bed, 3 bath

7862 W Manchester, Playa Del Rey, California 90293 home-pic-0
ACTIVE$1,050,000$1,620/sqft
7862 W Manchester, Playa Del Rey, California 90293
3Beds
3Baths
1,620Sqft
19,453Lot

Price Vs. Estimate

Estimation data not available

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:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.

Compared to the nearby listings

Price:$1.05M vs avg $1.05M (+$0)50%
Size:1,620 sqft vs avg 1,620 sqft50%
Price/sqft:$648 vs avg $64850%

More Insights

Built in 1975 (51 years old).
Condition: Despite being built in 1975, this property has undergone extensive and recent renovations, bringing its interior to an excellent, virtually new condition. The description highlights 'new plush luxury carpet' upstairs and 'new vinyl floors throughout' downstairs. The kitchen features modern natural wood shaker cabinets, stone countertops, stainless steel appliances, and a wine fridge, all appearing to be very recent updates. Bathrooms are also updated with modern vanities and clean tiling. Central AC & heating, EV charging, and recessed lighting further enhance its modern appeal. The overall quality, style, and features of the renovated components meet current high standards, indicating minimal physical depreciation post-renovation.
Year Built
1975
Close
-
List price
$1.05M
Original List price
$1.05M
Price/Sqft
$648
HOA
$515
Days on market
-
Sold On
-
MLS number
SR26012801
Home ConditionExcellent
Features
Good View: City Lights, Neighborhood
Deck
Patio
ViewCity Lights,Neighborhood

About this home

This French inspired townhome-style condo in Playa Del Rey offers direct access to side by side parking, EV charging, central AC & heating plus 2 outdoor living spaces. The upstairs bedrooms offer new plush luxury carpet & ensuite baths & walk-in closets. The downstairs boasts new vinyl floors throughout. With an abundance of natural light filling the entire living space, the main level offers a proper dining area and open concept kitchen with direct access to a balcony ideal for grilling. Step down to the formal living room with a decorative fireplace & high ceilings which lead to a spacious private patio perfect for entertaining. The kitchen boasts natural wood shaker cabinets, & stone countertops, stainless steel appliances, plus a wine fridge & dry bar. Benefit from the convenience of a half bath downstairs. This unit is a fantastic single family home alternative. A massive bonus area is located just off the garage entrance and this room could be used for a 3rd bedroom, bonus, office, workout room, play area and has the full size washer/dryer. The community garage provides direct access to this unit & comes with an additional storage space. Less than 1 mile from the beach! Enjoy the eateries, coffee shops & boutiques. HOA includes earthquake insurance, water, trash, insurance, and maintenance/gardening.

M
Mark Allan
Listing Agent

Nearby schools

4/10
Paseo Del Rey Natural Science Magnet
Public,K-50.2mi
4/10
Loyola Village Elementary School
Public,K-50.8mi
6/10
Playa Vista Elementary
Public,K-61.1mi
8/10
Playa Del Rey Elementary School
Public,K-52.2mi
8/10
Coeur D'Alene Avenue Elementary School
Public,K-52.4mi
9/10
Richmond Street Elementary School
Public,K-52.7mi
4/10
Orville Wright Engineering And Design Magnet
Public,6-81.8mi
2/10
Marina Del Rey Middle School
Public,6-82.1mi
8/10
El Segundo Middle School
Public,6-83.2mi
4/10
Westchester Enriched Sciences Magnets
Public,9-120.5mi
10/10
El Segundo High School
Public,9-122.7mi
6/10
Venice Senior High School
Public,9-122.8mi

Price History

Date
Event
Price
10/09/98
Sold
$243,000
02/09/24
Sold
$970,000
12/10/13
Sold
$579,000
12/15/08
Sold
$542,000
11/30/04
Sold
$535,000
Condition Rating
Excellent

Despite being built in 1975, this property has undergone extensive and recent renovations, bringing its interior to an excellent, virtually new condition. The description highlights 'new plush luxury carpet' upstairs and 'new vinyl floors throughout' downstairs. The kitchen features modern natural wood shaker cabinets, stone countertops, stainless steel appliances, and a wine fridge, all appearing to be very recent updates. Bathrooms are also updated with modern vanities and clean tiling. Central AC & heating, EV charging, and recessed lighting further enhance its modern appeal. The overall quality, style, and features of the renovated components meet current high standards, indicating minimal physical depreciation post-renovation.
Pros & Cons

Pros

Great Schools: Elementary School: Richmond Street Elementary School (9/10). High School: El Segundo High School (10/10).
Prime Coastal Location & Walkability: The property boasts an excellent location less than 1 mile from the beach, offering convenient access to local eateries, coffee shops, and boutiques in desirable Playa Del Rey.
Extensive Modern Upgrades & Amenities: Features central AC/heating, new luxury carpet upstairs, new vinyl floors downstairs, and a well-appointed kitchen with stone countertops, stainless steel appliances, a wine fridge, and a dry bar.
Versatile & Abundant Living Spaces: Offers two distinct outdoor living spaces (balcony and private patio), high ceilings, and a massive bonus area adaptable as a 3rd bedroom, office, or gym, providing significant flexibility.
Convenient Parking & Storage Solutions: Includes direct access to side-by-side parking, EV charging capabilities, and an additional storage space within the community garage, enhancing convenience and utility.
Comprehensive HOA Benefits: The HOA fees cover significant expenses such as earthquake insurance, water, trash, general insurance, and exterior maintenance/gardening, offering peace of mind and reduced owner responsibilities.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Age of Building & Potential Infrastructure: Built in 1975, the property is nearly 50 years old. While interior updates are noted, the underlying building infrastructure may be older and could require future maintenance or upgrades not covered by unit renovations.
Townhome/Condo Lifestyle Limitations: As a townhome-style condo, it involves shared walls, potential for neighbor noise, and adherence to HOA rules and regulations, which may limit personal modifications or lifestyle choices compared to a detached home.
Significant Monthly HOA Dues: The $515 monthly HOA fee, while comprehensive, represents a substantial recurring cost that adds to the overall housing expense and can be a deterrent for some buyers when factoring in other ownership costs.
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