8640 Gulana Avenue K1020, Playa Del Rey, California 90293, Playa Del Rey, 90293 - 3 bed, 2 bath
8640 Gulana Avenue K1020
Playa Del Rey, California 90293
Property Price
SUMMARY
Analysis of 8640 Gulana Avenue K1020, Playa Del Rey, California 90293 is currently available with a list price of $639,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Playa Del Rey Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
This condo features a recently remodeled gourmet kitchen with modern dark cabinetry, white countertops, and stainless steel appliances, along with updated bathrooms that include new vanities and modern tiling. New wood-look laminate flooring is present throughout the living areas and bedrooms. While the building was constructed in 1971, the interior unit has undergone significant and recent renovations, making it move-in ready with no immediate updates required. The popcorn ceiling is a minor detractor from an 'Excellent' rating, but the overall condition of the interior is very good.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated in desirable Playa Del Rey, offering a peaceful, wooded enclave setting just moments from the beach, shops, and restaurants, embodying a sought-after coastal lifestyle.
- Extensive Community Amenities
The complex boasts a wealth of recreational facilities including two community pools, tennis, pickleball, and basketball courts, plus a children's playground, providing a resort-like living experience.
- Modernized Kitchen
Features a recently remodeled gourmet kitchen with a breakfast bar, enhancing the unit's modern appeal and functionality for residents.
CONSRISKS & DEFICIENCIES
- Significant Monthly Association Fees
The monthly association fee of $638 is substantial and will be a notable ongoing cost for potential buyers.
- Building Age
Constructed in 1971, the property is over 50 years old, which may lead to concerns about aging infrastructure, potential for future maintenance, or less contemporary building standards.
- Recent Price Reduction
A recent price drop from $699,000 to $639,000 could indicate initial overpricing or a longer time on market, potentially affecting perceived value or buyer confidence.
About 8640 Gulana Avenue K1020
Step into the coastal lifestyle you've been dreaming of with this 3-bedroom, 2-bathroom condo in Playa Del Rey. Situated within a peaceful, wooded enclave, you'll feel miles away from the city yet be just moments from the beach, shops, and restaurants. The complex offers a wealth of recreational opportunities, from two sparkling community pools to dedicated courts for tennis, pickleball, and basketball. A children's playground adds to the complex. Inside, a recently remodeled gourmet kitchen with a breakfast bar awaits. The property also presents a fantastic investment opportunity with its strong rental potential. The unit has a wonderful patio, great for entertaining. A unique resort like stetting makes this condo truly a best buy! Showings can be scheduled anytime.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1971
- Lot Size
- 176,989 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $638.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 88% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,212 | 1,004.5 | 75% |
| Lot Size | 176,989 | 87,430 | 75% |
| Price | $639.0K | $656.5K | 48% |
| Price per sq ft | $527 | $642 | 8% |
| Built year | 1971 | 1979 | 40% |
| HOA | $638.0 | $629 | 68% |
| Days on market | 154 | 189 | 43% |
Pricing History
Listed for Sale
Nov 7, 2025
$639,000
$699,000
-9% Price Drop
Initial Listing
Price Change
Oct 3, 2025
$699,000
Initial Listing
Sold
May 27, 2016
$555,000
Public Record
Sold
Mar 30, 2007
$510,000
Public Record