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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 home-pic-0
ACTIVE$639,000
8640 Gulana Avenue K1020, Playa Del Rey, California 90293
3Beds
2Baths
1,212Sqft
176,989Lot
Year Built
1971
Close
-
List price
$639K
Original List price
$699K
Price/Sqft
$527
HOA
$638
Days on market
-
Sold On
-
MLS number
25601225
Home ConditionGood
Features
Good View: Trees/Woods
Patio
ViewTrees/Woods

About this home

We found 3 Cons,5 Pros. Rank: price - $639.0K(44th), sqft - 1212(69th), beds - 3(89th), baths - 2(50th).

Step into the coastal lifestyle you've been dreaming of with this 3-bedroom, 3-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.

Price History

Date
Event
Price
11/07/25
Price Change
$639,000-8.6%
10/03/25
Listing
$699,000
05/27/16
Sold
$555,000
03/30/07
Sold
$510,000
Condition Rating
Good
Despite being built in 1971, the unit features a 'recently remodeled gourmet kitchen' with modern dark cabinetry, light countertops, stainless steel appliances (including built-in oven, microwave, and electric cooktop), and updated lighting. The visible living areas and bedrooms boast modern wood-look laminate flooring, indicating significant interior updates. While the condition of the bathrooms is not shown, the substantial updates to the kitchen and flooring suggest the unit is move-in ready and well-maintained, aligning with the 'Good' criteria for properties extensively renovated within the last 5-15 years.
Pros & Cons

Pros

Prime Coastal Location: Situated in Playa Del Rey, the property is 'just moments from the beach, shops, and restaurants,' offering a highly desirable coastal lifestyle.
Abundant Resort-Style Amenities: The complex boasts 'two sparkling community pools,' 'tennis, pickleball, and basketball courts,' and a 'children's playground,' creating a comprehensive resort-like living experience.
Modernized Kitchen: Features a 'recently remodeled gourmet kitchen with a breakfast bar,' providing an updated and functional central living space.
Strong Investment Potential: Explicitly noted as a 'fantastic investment opportunity with its strong rental potential,' appealing to investors.
Spacious Layout & Private Outdoor Space: A '3-bedroom, 3-bathroom condo' with '1212 sqft' and a 'wonderful patio, great for entertaining,' offering ample living and outdoor space.

Cons

High Monthly Association Fees: The $638.0 monthly association fee is substantial and can impact overall affordability and investment returns.
Building Age: Constructed in 1971, the property is over 50 years old, which may imply potential for future maintenance, repairs, or special assessments for common areas, despite interior updates.
Significant Price Reduction: A recent $60,000 price drop from the original listing price of $699,000 to $639,000 could suggest initial overpricing or a slower market response, potentially raising buyer concerns.

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