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8500 Falmouth Avenue 3111, Playa Del Rey, California 90293, Playa Del Rey, 90293 - 1 bed, 1 bath

8500 Falmouth Avenue 3111, Playa Del Rey, California 90293 home-pic-0
ACTIVE$520,000
8500 Falmouth Avenue 3111, Playa Del Rey, California 90293
1Bed
1Bath
703Sqft
107,037Lot
Year Built
1986
Close
-
List price
$520K
Original List price
$560K
Price/Sqft
$740
HOA
$671
Days on market
-
Sold On
-
MLS number
25584423
Home ConditionFair
Features
Good View: Courtyard, Trees/Woods
Pool
Spa
Patio
ViewCourtyard, Trees/Woods

About this home

We found 3 Cons,5 Pros. Rank: price - $520.0K(20th), sqft - 703(13th), beds - 1(36th), baths - 1(31th).

Welcome to this charming 1 bedroom, 1 bath condo in the highly desirable Beachport Village community perfectly situated near Venice, Marina Del Rey, LAX, and just a short stroll to the beach, local shops, and popular restaurants. This inviting home boasts a spacious open floor plan filled with natural light, beautiful flooring, a cozy gas fireplace, and an open kitchen complete with a convenient breakfast bar, perfect for casual dining or entertaining. The large primary bedroom offers a peaceful retreat with its own ensuite bathroom, in-unit washer and dryer, and direct access to a private patio that can also be enjoyed from the living room, creating a seamless indoor-outdoor flow. Residents of Beachport Village enjoy resort-style amenities, including two sparkling pools, two relaxing spas, two tennis courts, and a welcoming clubhouse, all set within beautifully landscaped garden-like grounds. With the added bonus of two gated parking spaces, this home offers the ideal blend of comfort, convenience, and coastal living.

Nearby schools

4/10
Paseo Del Rey Natural Science Magnet
Public,•K-5•0.2mi
4/10
Loyola Village Elementary School
Public,•K-5•0.9mi
6/10
Playa Vista Elementary
Public,•K-6•1.2mi
8/10
Playa Del Rey Elementary School
Public,•K-5•2.3mi
8/10
Coeur D'Alene Avenue Elementary School
Public,•K-5•2.4mi
9/10
Richmond Street Elementary School
Public,•K-5•2.6mi
4/10
Orville Wright Engineering And Design Magnet
Public,•6-8•2.0mi
2/10
Marina Del Rey Middle School
Public,•6-8•2.2mi
8/10
El Segundo Middle School
Public,•6-8•3.2mi
4/10
Westchester Enriched Sciences Magnets
Public,•9-12•0.6mi
10/10
El Segundo High School
Public,•9-12•2.6mi
6/10
Venice Senior High School
Public,•9-12•2.8mi

Price History

Date
Event
Price
10/16/25
Price Change
$520,000-2.8%
09/28/25
Price Change
$535,000-4.5%
09/04/25
Listing
$559,999
04/13/16
Sold
$425,000
07/13/12
Sold
$235,000
Condition Rating
Fair
Built in 1986, this property shows signs of regular upkeep but the kitchen and bathroom are significantly outdated. While the living areas feature newer laminate flooring and some kitchen appliances have been updated (range, dishwasher), the kitchen cabinets and especially the tile countertops are very dated. The bathroom vanity and light fixtures also reflect an older style. The property is functional and move-in ready, but requires minor updates to the kitchen and bathroom to align with current aesthetic standards, fitting the 'Fair' condition criteria.
Pros & Cons

Pros

Prime Coastal Location: The property boasts an excellent location in Playa Del Rey, offering a short stroll to the beach, local shops, and popular restaurants, with convenient access to Venice, Marina Del Rey, and LAX.
Extensive Resort-Style Amenities: Residents benefit from a wealth of community amenities including two sparkling pools, two relaxing spas, two tennis courts, and a clubhouse, all set within beautifully landscaped grounds.
In-Unit Laundry: The convenience of an in-unit washer and dryer is a significant advantage, enhancing daily living for condo residents.
Dedicated Gated Parking: The inclusion of two gated parking spaces is a highly desirable and valuable feature in a dense coastal area like Playa Del Rey.
Private Outdoor Space: Direct access to a private patio from both the living room and primary bedroom provides valuable outdoor living space.

Cons

High Monthly Association Fees: The $671.0 monthly association fee is substantial for a 1-bedroom unit and could be a significant factor in overall affordability for potential buyers.
Recent Price Reduction History: Multiple price reductions from the original list price suggest potential overpricing or market resistance, which may impact buyer perception of value.
Building Age & Potential System Updates: Built in 1986, the property may have original building systems (e.g., HVAC, plumbing, electrical) that could require future maintenance or replacement, and there is no mention of a cooling system.

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