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8500 Falmouth Avenue 3109, Playa Del Rey, California 90293, Playa Del Rey, 90293 - 2 bed, 2 bath

8500 Falmouth Avenue 3109, Playa Del Rey, California 90293 home-pic-0
ACTIVE$749,000
8500 Falmouth Avenue 3109, Playa Del Rey, California 90293
2Beds
2Baths
1,005Sqft
107,008Lot

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:
Substantial Monthly Association Fee: The $725.0 monthly association fee is relatively high and represents a significant ongoing cost that potential buyers must factor into their budget.

Compared to the nearby listings

Price:$749.0K vs avg $657.0K (+$91,950)73%
Size:1,005 sqft vs avg 1,005 sqft50%
Price/sqft:$745 vs avg $71967%

More Insights

Built in 1986 (39 years old).
Condition: Built in 1986, this condo has been well-maintained and features an updated kitchen with stainless steel appliances, granite countertops, and recessed lighting, which aligns with a renovation likely within the last 5-15 years. The images confirm a clean, functional, and aesthetically pleasing kitchen. Bathrooms are also well-maintained and functional, though not extensively renovated to a brand-new standard. The unit is described as 'turnkey' with central HVAC and in-unit laundry, indicating it is move-in ready with no immediate major renovations required, fitting the 'Good' condition criteria.
Year Built
1986
Close
-
List price
$749K
Original List price
$749K
Price/Sqft
$745
HOA
$725
Days on market
-
Sold On
-
MLS number
25532035
Home ConditionGood
Features
Good View: Courtyard
Patio
ViewCourtyard

About this home

Welcome to this well-maintained 2 Bedroom, 2 Bath condo, centrally located in the heart of Playa del Rey. This turnkey first-floor unit offers a practical layout with a dining area that flows seamlessly to the living room, completed with a cozy fireplace. The updated kitchen features stainless steel appliances, granite countertops, recessed lighting, and a breakfast bar overlooking the main living space. Enjoy fresh air and afternoon sunshine from the west-facing private patio, perfect for relaxing or entertaining. Inside, you'll find two spacious master suites, each with its own private bathroom, ceiling fans, and generous closet space. The larger suite makes a perfect primary bedroom, while the second bedroom offers flexibility for guests or a home office. Additional highlights include an in-unit Washer and Dryer, central HVAC system, and secure gated parking with two tandem spots. Residents also enjoy access to community amenities such as two heated pools, spas, tennis courts, and community clubhouse. With close proximity to the beach, local dining, shopping, and easy access to LAX, this condo offers a comfortable coastal lifestyle making it a true beach home oasis!

Nearby schools

4/10
Paseo Del Rey Natural Science Magnet
Public,•K-5•0.2mi
4/10
Loyola Village Elementary School
Public,•K-5•0.9mi
6/10
Playa Vista Elementary
Public,•K-6•1.2mi
8/10
Playa Del Rey Elementary School
Public,•K-5•2.3mi
8/10
Coeur D'Alene Avenue Elementary School
Public,•K-5•2.4mi
9/10
Richmond Street Elementary School
Public,•K-5•2.6mi
4/10
Orville Wright Engineering And Design Magnet
Public,•6-8•2.0mi
2/10
Marina Del Rey Middle School
Public,•6-8•2.2mi
8/10
El Segundo Middle School
Public,•6-8•3.2mi
4/10
Westchester Enriched Sciences Magnets
Public,•9-12•0.6mi
10/10
El Segundo High School
Public,•9-12•2.6mi
6/10
Venice Senior High School
Public,•9-12•2.8mi

Price History

Date
Event
Price
09/01/20
Sold
$690,000
05/08/15
Sold
$539,000
Condition Rating
Good
Built in 1986, this condo has been well-maintained and features an updated kitchen with stainless steel appliances, granite countertops, and recessed lighting, which aligns with a renovation likely within the last 5-15 years. The images confirm a clean, functional, and aesthetically pleasing kitchen. Bathrooms are also well-maintained and functional, though not extensively renovated to a brand-new standard. The unit is described as 'turnkey' with central HVAC and in-unit laundry, indicating it is move-in ready with no immediate major renovations required, fitting the 'Good' condition criteria.
Pros & Cons

Pros

Great Schools: Elementary School: Richmond Street Elementary School (9/10). High School: El Segundo High School (10/10).
Exceptional Coastal Location: Centrally located in the heart of Playa del Rey, offering immediate access to the beach, local dining, shopping, and LAX, which is highly desirable for a coastal lifestyle.
Comprehensive Community Amenities: Residents enjoy a wide array of amenities including two heated pools, spas, tennis courts, and a community clubhouse, significantly enhancing the living experience.
Modern & Turnkey Interior: The unit is well-maintained and turnkey, featuring an updated kitchen with stainless steel appliances and granite countertops, central HVAC, and in-unit washer and dryer, minimizing immediate buyer investment.
Functional Dual Master Suites: The practical layout includes two spacious master suites, each with its own private bathroom, providing excellent privacy and flexibility for occupants or guests.
Private Outdoor Space: A west-facing private patio offers a dedicated outdoor area perfect for relaxation and entertaining, benefiting from afternoon sunshine.

Cons

Substantial Monthly Association Fee: The $725.0 monthly association fee is relatively high and represents a significant ongoing cost that potential buyers must factor into their budget.
Tandem Parking Arrangement: While secure, the provision of two tandem parking spots can be less convenient for daily use and accessibility compared to independent parking spaces.
First-Floor Unit Characteristics: As a first-floor unit, it may experience reduced privacy and potentially more ambient noise from common areas or foot traffic compared to units on higher levels.

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