
Playa Del Rey, California 90293
This Turnkey Condominium is a Strong Value Opportunity, listed at $935,000—positioned well below the $936,738 Fair Market Value by 0.18%. This valuation gap offers $1,738 in Instant Equity for buyers. Featuring a Condition Rating of 2, the home boasts a refreshed kitchen, new hardwood floors, and a versatile den. With resort-style amenities including a pool and spa, this residence is an ideal sanctuary for Owner-Occupants or coastal lifestyle seekers desiring a move-in ready home near the beach.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8515 Falmouth Avenue 405 Subject | $935,000* List Price | 2 | 2 | 1,513 | $619 | - |
A 8515 Falmouth Avenue 206 Sold | $850,000 | 3 | 2 | 1,367 | $622 | 0.0 mi |
B 8601 Falmouth Avenue 224 Sold | $998,000 | 3 | 2 | 1,367 | $730 | 0.0 mi |
C 8180 Manitoba Street 354 Sold | $800,000 | 2 | 2 | 1,543 | $518 | 0.3 mi |
D 8180 Manitoba Street 102 Sold | $887,790 | 3 | 2 | 1,340 | $663 | 0.3 mi |
E 7862 W Manchester Avenue Sold | $960,500 | 2 | 3 | 1,620 | $593 | 0.2 mi |
F 8512 Tuscany Avenue 207 Sold | $719,000 | 2 | 2 | 1,140 | $631 | 0.1 mi |
G 8160 Manitoba Street 208 Sold | $700,000 | 2 | 2 | 1,197 | $585 | 0.3 mi |
H 8160 Manitoba Street 216 Sold | $725,000 | 2 | 2 | 1,223 | $593 | 0.3 mi |
I 8180 Manitoba 330 Pending | $790,000 List Price | 2 | 2 | 1,543 | $512 | 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 been recently updated throughout (within <5 years) featuring a refreshed kitchen with stainless steel appliances, fully renovated bathrooms with a new walk-in shower and vanities, new hardwood flooring, and updated fixtures.
As a top-floor corner residence, this unit offers the development's largest floor plan, providing maximum privacy, superior natural light, and cooling ocean breezes compared to interior units.
The property is move-in ready following extensive recent renovations, including new hardwood floors, a refreshed kitchen with stainless steel appliances, and modernized bathrooms with premium fixtures.
The inclusion of a spacious den featuring a wet bar and custom built-ins offers rare flexibility for a high-end home office, media room, or guest space, catering to modern work-from-home needs.
The monthly association fee of $678 represents a significant recurring expense that may impact buyer affordability and overall debt-to-income ratios for financing.
Despite its top-floor coastal location and proximity to the beach, the listing indicates no specific views, which may be a drawback for buyers seeking Pacific Ocean or city vistas at this price point.
Enjoy coastal living in the sought-after Villas del Rey community, located in the heart of Playa del Rey. This top-floor corner residence features the largest floor plan in the development, offering two spacious bedrooms plus a versatile den, along with abundant natural light and refreshing ocean breezes. Recently updated throughout, the home showcases hardwood floors, fresh interior paint, new fixtures, and a beautifully refreshed kitchen complete with stainless steel appliances and a sunny breakfast area. The private primary suite features direct access to an east-facing balcony, a stunning new walk-in shower, updated vanity and mirrors, and ample closet space. On the opposite side of the home, a secondary bedroom and spacious den provide flexibility for guests, a home office, or media room. The den includes a wet bar with granite countertops, custom built-in bookshelves, and sliding doors opening to a northwest-facing balcony. The adjacent bathroom has been tastefully renovated with a new white vanity, newly tiled tub surround and updated fixtures. A new stackable washer and dryer add everyday convenience. Located just seven blocks from the beach, bike path, and the popular restaurants and cafes along Culver Boulevard, Villas del Rey offers resort-style amenities and an unbeatable location. Convenient access to LAX, major freeways, the technology centers of Playa Vista and El Segundo, and many of Southern California's premier sports and entertainment venues makes this an ideal place to call home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,513 | 1,340 |
| Lot Size | 62,909 | 67,790 |
| Price | $935.0K | $727.8K |
| Price per sq ft | $618 | $638 |
| Built year | 1984 | 1975 |
| HOA | $678.0 | $784 |
| Days on market | 27 | 63 |
Jun 25, 2026
$935,000
Initial Listing