
Playa Del Rey, California 90293
This Rare Penthouse Residence represents a Strong Value Opportunity, listed at $850,000—positioned well below the $952,428 Fair Market Value by 10%. This valuation gap offers $102,428 in Instant Equity. Featuring a Fair Condition Rating with recent cosmetic updates, the 1,875 sqft layout includes a versatile loft, private balconies, and resort-style amenities. Located near top-rated schools like Richmond Street Elementary, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term appreciation near the upcoming Lulu’s Place development.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8180 Manitoba Street 302 Subject | $850,000* List Price | 2 | 2 | 1,875 | $509 | - |
A 8180 Manitoba 334 Sold | $893,000 | 2 | 2 | 1,684 | $530 | 0.0 mi |
B 8701 Delgany 205 Sold | $780,000 | 2 | 2 | 1,325 | $589 | 0.2 mi |
C 8701 Delgany Avenue 312 Sold | $850,000 | 2 | 2 | 1,475 | $576 | 0.2 mi |
D 8125 Redlands Sold | $628,000 | 2 | 3 | 1,246 | $504 | 0.2 mi |
E 8180 Manitoba 350 Active Under Contract | $899,000 List Price | 2 | 2 | 1,875 | $479 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981, this property is over 40 years old. While it features recent minor cosmetic updates such as new laminate flooring, fresh paint, and new countertops, the kitchen and bathroom cabinetry remain dated (original 1980s style). It is functional and move-in ready but requires further modernization to move beyond a fair rating.
Elementary School: Richmond Street Elementary School (9/10). High School: El Segundo High School (10/10).
As one of only nine residences of this size in the Pacific Club, this 1,875 sqft top-corner penthouse offers an expansive floor plan with soaring ceilings and a versatile loft that can serve as a third bedroom.
The property features premium community benefits including an 18-hour concierge, two pools, a state-of-the-art fitness center, and rare side-by-side parking spaces.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =201988, other record lot size in square feet = 201934.
The monthly association fee of approximately $878 is significant and may impact the overall affordability for budget-conscious buyers.
Built in 1981, the property may require ongoing maintenance or more extensive modernizations beyond the recent minor cosmetic updates to meet contemporary luxury standards.
An extraordinary opportunity to own a stunning top-corner penthouse spanning approximately 1,875 square feet. This is one of only nine residences of its size, the largest floor plan in the Pacific Club and among the largest condos in Playa del Rey. This premium northwest-facing sanctuary delivers exceptional privacy, tranquility, and elevated living in one of Playa del Rey’s most sought-after communities. The expansive layout features a versatile loft on the second level with two spacious bedrooms two full bathrooms, and in-unit laundry hook-ups on the main level. Soaring ceilings and dramatic walls of windows flood the home with natural light while inviting in refreshing ocean breezes. Two generous private balconies, surrounded by lush greenery, extend your living space outdoors. Recent minor updates, the residence showcases new wood laminate flooring in the kitchen and bathrooms, fresh paint, new countertops, and contemporary lighting. The open-concept kitchen flows seamlessly into the main living and dining areas and offers abundant storage throughout. The loft provides flexibility as a third bedroom, executive home office, or private guest retreat. The large primary suite features a private balcony, an expansive cedar-lined walk-in closet with a beautifully remodeled walk-in shower, luxurious soaking tub, and expansive vanity with dual sinks. Residents of the Pacific Club enjoy resort-style amenities including two sparkling pools, multiple spas, a state-of-the-art fitness center, multi-purpose sports court, steam rooms, saunas, and 18-hour concierge service. Two side-by-side parking spaces with direct garage access complete the offering. Ideally located minutes from the beaches of Playa del Rey, acclaimed dining, parks, schools, major freeways, and LAX. Exciting new development nearby includes Lulu’s Place — a planned $100 million, 35-acre educational and wellness campus breaking ground in April 2025 with anticipated completion in 2027. Great opportunity for an investor or buyer looking to add to their profile for income property. Be sure to view the property video via the virtual tour link. Photos have been virtually staged.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 1.0 mi
Grades K-6 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,875 | 1,209.692 |
| Lot Size | 201,988 | 106,139.923 |
| Price | $850.0K | $795.8K |
| Price per sq ft | $453 | $659 |
| Built year | 1981 | 1979 |
| HOA | $878.46 | $743 |
| Days on market | 39 | 54 |
Aug 1, 2026
$850,000
Initial Listing
Mar 24, 1994
$193,000
Public Record