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8640 Gulana Avenue J3012, Playa Del Rey, California 90293, Playa Del Rey, 90293 - 2 bed, 2 bath

8640 Gulana Avenue J3012, Playa Del Rey, California 90293 home-pic-0
ACTIVE$624,500
8640 Gulana Avenue J3012, Playa Del Rey, California 90293
2Beds
2Baths
1,050Sqft
176,989Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Desirable Location & Enhanced Security: Situated in the sought-after Playa Del Rey, this property benefits from a secure, gated community with 24/7 on-site security, offering peace of mind and exclusivity.
Top Cons:
High Monthly Association Fees: The association fee of $624.00 per month is substantial and could be a deterrent for some buyers, impacting overall affordability and long-term ownership costs.

Compared to the nearby listings

Price:$624.5K vs avg $650.0K ($-25,500)44%
Size:1,050 sqft vs avg 1,005 sqft60%
Price/sqft:$595 vs avg $71138%

More Insights

Built in 1971 (54 years old).
Condition: The property, built in 1971, features a significantly updated kitchen with modern white cabinets, contemporary countertops, stainless steel appliances, and recessed lighting, indicating a recent renovation within the last 5-15 years. While the bathroom shown has a more traditional wood vanity, older-style floor tiles, and a dated light fixture, it appears clean and functional, not requiring immediate renovation. The overall unit is move-in ready, well-maintained, and benefits from the updated kitchen and good condition of common areas, aligning with the 'Good' score criteria for properties with recent significant updates to key areas, despite the building's age.
Year Built
1971
Close
-
List price
$625K
Original List price
$649K
Price/Sqft
$595
HOA
$624
Days on market
-
Sold On
-
MLS number
SB25190742
Home ConditionGood
Features
Good View: Courtyard, Trees/Woods
Deck
Pool
Spa
ViewCourtyard, Trees/Woods

About this home

Welcome to your private haven in the heart of Playa Del Rey! Located in a secure, gated community with 24/7 on-site security, this top-floor 2-bedroom, 2-bathroom condo offers elevated living with no neighbors above you. Step inside to find an updated kitchen featuring modern cabinets and updated countertops. The open-concept living area flows seamlessly onto a spacious deck, perfect for entertaining or enjoying tranquil views of the surrounding greenery. Both generously sized bedrooms include custom built-in closets, while the primary suite offers a true retreat with an en-suite full bath and abundant storage. The community boasts resort-style amenities including two swimming pools, a spa, saunas, a gym, tennis and basketball courts, a playground, and on-site laundry. The clubhouse also features a game room, ideal for hosting friends, family, or casual get-togethers. There are two assigned parking spaces inside the garage. Don’t miss your chance to enjoy top-level living in one of Playa Del Rey’s most desirable and amenity-rich communities.

Price History

Date
Event
Price
12/15/04
Sold
$400,000
Condition Rating
Good
The property, built in 1971, features a significantly updated kitchen with modern white cabinets, contemporary countertops, stainless steel appliances, and recessed lighting, indicating a recent renovation within the last 5-15 years. While the bathroom shown has a more traditional wood vanity, older-style floor tiles, and a dated light fixture, it appears clean and functional, not requiring immediate renovation. The overall unit is move-in ready, well-maintained, and benefits from the updated kitchen and good condition of common areas, aligning with the 'Good' score criteria for properties with recent significant updates to key areas, despite the building's age.
Pros & Cons

Pros

Desirable Location & Enhanced Security: Situated in the sought-after Playa Del Rey, this property benefits from a secure, gated community with 24/7 on-site security, offering peace of mind and exclusivity.
Extensive Resort-Style Amenities: The community boasts an impressive array of amenities including two swimming pools, a spa, saunas, a gym, tennis/basketball courts, a playground, and a clubhouse with a game room, providing a luxurious lifestyle.
Top-Floor Privacy & Outdoor Space: As a top-floor unit, it offers elevated living with no overhead neighbors, ensuring enhanced privacy and quiet enjoyment, complemented by a spacious deck for outdoor relaxation.
Updated Interior & Thoughtful Features: The condo features an updated kitchen with modern cabinets and countertops, an open-concept living area, and generously sized bedrooms with custom built-in closets, enhancing its modern appeal and functionality.
Valued Assigned Parking: The inclusion of two assigned parking spaces inside the garage is a significant advantage, providing convenience and security in a competitive urban environment.

Cons

High Monthly Association Fees: The association fee of $624.00 per month is substantial and could be a deterrent for some buyers, impacting overall affordability and long-term ownership costs.
Building Age & Potential Maintenance: Constructed in 1971, the building is over 50 years old, which may lead to higher maintenance costs or potential special assessments for common area repairs and infrastructure upgrades in the future.
Recent Price Adjustment: A recent price reduction from $649,000 to $624,500 could signal initial overpricing or market resistance, potentially raising buyer questions about the property's market value or demand.

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