
Playa Del Rey, California 90293
This 1-bedroom condominium presents a High-Potential Investment Opportunity, listed at $485,000—positioned above the $436,553 Fair Market Value. While the price reflects a premium, the property offers a Condition Rating of 4, featuring sound-insulated windows and two rare tandem parking spaces in a prime coastal location. With access to top-tier education, including El Segundo High School (10/10), this residence provides a stable, long-term asset for Buy-and-Hold Investors or first-time buyers seeking a beachside lifestyle with significant modernization potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8740 Tuscany Subject | $485,000* List Price | 1 | 1 | 713 | $612 | - |
A 7740 Redlands Street M3075 Sold | $405,000 | 1 | 1 | 722 | $561 | 0.4 mi |
B 8740 Tuscany Avenue 109 Sold | $423,000 | 1 | 1 | 800 | $529 | 0.0 mi |
C 7765 W W 91st A2122 Sold | $395,000 | 1 | 1 | 612 | $645 | 0.7 mi |
D 8635 Falmouth Avenue 110 Sold | $450,000 | 1 | 1 | 761 | $591 | 0.1 mi |
E 8505 Gulana Sold | $550,000 | 1 | 1 | 733 | $750 | 0.3 mi |
F 8740 Tuscany Active | $549,900 List Price | 1 | 1 | 782 | $703 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1971, the property features a kitchen and bathroom with honey-oak cabinetry and tile countertops characteristic of a renovation performed over 20 years ago. While the unit is well-maintained with newer laminate flooring and upgraded sound-insulated windows, the primary systems and finishes are dated and require modernization to meet current standards.
Elementary School: Richmond Street Elementary School (9/10). High School: El Segundo High School (10/10).
Situated in the heart of Playa Del Rey, this property offers exceptional proximity to the beach, bike paths, and local dining, making it an ideal retreat for those seeking a relaxed coastal lifestyle.
The unit includes two tandem parking spaces in a secure gated garage, a highly valuable and rare amenity for a one-bedroom condo in this high-demand beach community.
The lack of in-unit laundry requires residents to use community facilities on each floor, which may be a convenience drawback for modern buyers.
Built in 1971, the complex may lack the contemporary aesthetic and high-end amenities found in newer luxury developments within the Silicon Beach area.
Welcome to your coastal retreat in the heart of Playa del Rey. This bright and inviting 1-bedroom, 1-bath condominium offers the perfect blend of comfort, convenience, and beachside living. Situated in the desirable Del Rey Plaza community, the residence features an open-concept floor plan with abundant natural light, a spacious living area, and a private balcony ideal for enjoying the ocean breeze. The well-appointed kitchen opens seamlessly to the dining and living spaces, creating an ideal setting for both everyday living and entertaining. The generously sized bedroom offers ample closet space, while the bathroom is thoughtfully designed for comfort and functionality. Sound-insulated windows, upgraded entry systems, and ventilation improvements enhance the home's peaceful interior environment. Residents enjoy secure gated access, elevator service, a sparkling community pool, and community laundry facilities conveniently located on each floor. The unit includes two tandem parking spaces in a gated garage, a rare and valuable amenity in this highly sought-after beach community. Ideally located just moments from the beach, bike path, local dining, shopping, and entertainment, this home also offers convenient access to Loyola Marymount University, Los Angeles International Airport, and major freeways. Whether you're seeking a primary residence, vacation getaway, or investment opportunity, this charming condo delivers exceptional value and the relaxed coastal lifestyle that makes Playa del Rey one of Los Angeles' best-kept secrets.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 1.0 mi
Grades K-6 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 713 | 1,340 |
| Lot Size | 19,381 | 67,790 |
| Price | $485.0K | $727.8K |
| Price per sq ft | $680 | $638 |
| Built year | 1971 | 1975 |
| HOA | $400.0 | $784 |
| Days on market | 49 | 63 |
Jun 6, 2026
$485,000
Initial Listing
Jun 3, 2026
$480,000
Initial Listing
Oct 3, 2022
$480,000
Public Record
Sep 8, 1993
$118,000
Public Record