8515 Falmouth Avenue 419, Playa Del Rey, California 90293, Playa Del Rey, 90293 - 1 bed, 2 bath
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Playa Del Rey, California 90293
This Turnkey Penthouse is a Strong Value Opportunity, listed at $659,000—positioned well below the $625,254 Fair Market Value by -5%. While the list price reflects a premium, the property features an Excellent Condition Rating following an extensive renovation, including a chef's kitchen and vaulted ceilings. Residents enjoy a resort-style lifestyle with a pool, spa, and tennis courts just a half-mile from the beach. This move-in-ready residence is an ideal acquisition for Owner-Occupants seeking coastal luxury or first-time buyers prioritizing a stress-free transition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8515 Falmouth Avenue 419 Subject | $659,000* List Price | 1 | 2 | 855 | $731 | - |
A 8600 Tuscany Avenue 419 Sold | $680,000 | 1 | 2 | 863 | $788 | 0.1 mi |
B 8001 Redlands Street 207 Sold | $490,000 | 1 | 1 | 845 | $580 | 0.2 mi |
C 8505 Gulana Sold | $550,000 | 1 | 1 | 733 | $750 | 0.1 mi |
D 8160 Manitoba Street 208 Sold | $700,000 | 2 | 2 | 1,197 | $585 | 0.3 mi |
E 8675 Falmouth Avenue 223 Sold | $656,000 | 2 | 2 | 966 | $679 | 0.2 mi |
F 8600 Tuscany Avenue 301 Sold | $854,000 | 2 | 2 | 1,168 | $731 | 0.1 mi |
G 8707 Falmouth Avenue 101 Active | $575,000 List Price | 1 | 1 | 780 | $737 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1984, the property has undergone an extensive recent renovation. The kitchen features modern quartz countertops, shaker cabinets, and stainless steel appliances. The bathrooms are updated, and the unit includes central HVAC and contemporary flooring, placing it in mint, move-in-ready condition.
As a top-floor penthouse, the unit boasts vaulted ceilings and multiple skylights that maximize natural light and create an airy, spacious atmosphere.
The property features an extensively renovated chef’s kitchen with premium quartz countertops and stainless steel appliances, offering a move-in-ready experience.
Situated just a half-mile from the beach, the residence offers a resort-style lifestyle with extensive community amenities including tennis courts, pools, and a fitness center.
The assigned two-car parking is in a tandem configuration, which can be less convenient for households with multiple drivers compared to side-by-side spots.
At $670 per month, the association fees represent a significant recurring cost that may impact the overall affordability for some buyers.
Highly desirable, sun-drenched 1-bedroom, 1.5-bathroom penthouse in the popular Villas del Rey. This spacious and extensively renovated top floor unit features vaulted ceilings with multiple skylights and an updated chef's kitchen with quartz countertops, stainless steel appliances, and a breakfast bar. The spacious living room features a cozy fireplace and direct access to a private balcony, creating a seamless indoor/outdoor flow ideal for relaxing or entertaining. The generously sized bedroom offers a walk-in closet and an en-suite bathroom for added comfort and privacy. Additional highlights include central air and heat, in-unit laundry, powder room, two-car tandem parking, and a secured room with a fenced storage area of approximately 40 square feet. Villas del Rey residents enjoy resort-style amenities including a sparkling pool, two spas, two saunas, tennis courts, a fitness center, ample guest parking, evening security, and a clubhouse with a full kitchen for events all just a half mile from the beach!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 34% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 855 | 1,117 | 31% |
| Lot Size | 62,909 | 96,549 | 37% |
| Price | $659.0K | $690.0K | 46% |
| Price per sq ft | $771 | $622 | 77% |
| Built year | 1984 | 1978 | 80% |
| HOA | $670.0 | $670 | 50% |
| Days on market | 33 | 158 | 3% |
May 14, 2026
$659,000
Initial Listing
Jun 6, 2017
$556,000
Public Record
Oct 12, 2007
$435,000
Public Record
Oct 31, 2003
$317,500
Public Record