8100 W 83rd Street, Playa Del Rey, California 90293, Playa Del Rey, 90293 - 4 bed, 3 bath

8100 W 83rd Street, Playa Del Rey, California 90293 home-pic-0
ACTIVE$2,550,000
8100 W 83rd Street, Playa Del Rey, California 90293
4Beds
3Baths
3,051Sqft
6,114Lot

Price Vs. Estimate

The estimated value ($1,621,348.98) is $928,651.02 (36%) lower than the list price ($2,550,000). 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:
Significant Price Discrepancy: The listing price is considerably higher than the property's estimated value, suggesting potential overpricing or requiring strong justification for the premium.

Compared to the nearby listings

Price:$2.55M vs avg $1.94M (+$615,000)82%
Size:3,051 sqft vs avg 2,544 sqft76%
Price/sqft:$836 vs avg $91435%

More Insights

Built in 1959 (66 years old).
Condition: Despite being built in 1959, the property has undergone extensive and high-quality modern renovations. The description highlights a 'fully renovated kitchen with modern finishes' and a 'beautifully updated main house,' including a 'move-in-ready ADU.' Images confirm contemporary updates in the bathrooms with new vanities, modern tiling, and fixtures, as well as updated flooring, paint, and recessed lighting throughout the living areas. The overall aesthetic is fresh, clean, and meets current quality standards, indicating a recent and comprehensive overhaul.
Year Built
1959
Close
-
List price
$2.55M
Original List price
$2.55M
Price/Sqft
$836
HOA
-
Days on market
-
Sold On
-
MLS number
25526049
Home ConditionExcellent
Features
View-

About this home

This charming Playa Del Rey single-family home, set on a rare corner lot less than a mile from the beach, perfectly blends quintessential California living with the added bonus of an income-producing ADU. The beautifully updated main house offers 4 bedrooms, 3 bathrooms, and 2,268 sq ft of bright, open living space, featuring a fully renovated kitchen with modern finishes designed for comfort and entertaining. Above the 3-car garage sits a separate updated 2-bedroom, 1-bathroom ADU with private entry, offering 783 sq ft of move-in-ready space ideal for long-term rental or Airbnb income. Zoned R3, this property has the potential to develop up to 7 units with no rent control, presenting multiple value-add options such as converting the garage, developing multi-units, or holding as a high-performing investment. Located steps from the sand, bike paths, LMU, shops, restaurants, and commuter routes, this turnkey property is a rare opportunity in an area with extremely low inventory. Whether you're seeking passive income, long-term development potential, or your dream coastal home, this Playa Del Rey gem delivers on every front. ** Buyer to verify all current square footage, permits and development opportunities.

Nearby schools

4/10
Paseo Del Rey Natural Science Magnet
Public,K-50.3mi
4/10
Loyola Village Elementary School
Public,K-51.0mi
6/10
Playa Vista Elementary
Public,K-61.2mi
8/10
Coeur D'Alene Avenue Elementary School
Public,K-52.3mi
8/10
Playa Del Rey Elementary School
Public,K-52.3mi
9/10
Richmond Street Elementary School
Public,K-52.7mi
4/10
Orville Wright Engineering And Design Magnet
Public,6-82.0mi
2/10
Marina Del Rey Middle School
Public,6-82.1mi
8/10
El Segundo Middle School
Public,6-83.3mi
4/10
Westchester Enriched Sciences Magnets
Public,9-120.7mi
10/10
El Segundo High School
Public,9-122.7mi
6/10
Venice Senior High School
Public,9-122.7mi

Price History

Date
Event
Price
03/28/18
Sold
$1,750,000
05/27/16
Sold
$1,039,500
Condition Rating
Excellent

Despite being built in 1959, the property has undergone extensive and high-quality modern renovations. The description highlights a 'fully renovated kitchen with modern finishes' and a 'beautifully updated main house,' including a 'move-in-ready ADU.' Images confirm contemporary updates in the bathrooms with new vanities, modern tiling, and fixtures, as well as updated flooring, paint, and recessed lighting throughout the living areas. The overall aesthetic is fresh, clean, and meets current quality standards, indicating a recent and comprehensive overhaul.
Pros & Cons

Pros

Great Schools: Elementary School: Richmond Street Elementary School (9/10). High School: El Segundo High School (10/10).
Prime Coastal Location: Situated on a rare corner lot less than a mile from the beach, offering unparalleled access to sand, bike paths, LMU, shops, and restaurants.
Exceptional Development Potential: Zoned R3 with the potential to develop up to 7 units and no rent control, presenting significant value-add and investment opportunities.
Income-Generating ADU: Includes a separate, updated 2-bedroom, 1-bathroom ADU with private entry, ideal for passive rental income or Airbnb.
Updated & Modernized Living Spaces: Both the main house (4 beds, 3 baths, 2,268 sq ft) and ADU are beautifully updated with modern finishes, including a fully renovated kitchen.
Ample Garage Space: Features a 3-car garage, providing valuable parking and storage solutions in a desirable coastal community.

Cons

Significant Price Discrepancy: The listing price is considerably higher than the property's estimated value, suggesting potential overpricing or requiring strong justification for the premium.
Older Construction Considerations: Built in 1959, despite recent updates, the underlying age of the property may lead to unforeseen maintenance or system upgrades compared to newer builds.
Absence of Premium Views: Unlike some comparable properties in this desirable coastal area, the home does not offer significant ocean, city, or panoramic views.

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