8675 Falmouth Avenue 215, Playa Del Rey, California 90293, Playa Del Rey, 90293 - 1 bed, 1 bath
ACTIVE$543,000
8675 Falmouth Avenue 215, Playa Del Rey, California 90293
1Bed
1Bath
686Sqft
162,394Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Desirable Coastal Location: Situated in Playa Del Rey, a highly sought-after coastal Los Angeles community, offering proximity to beaches, dining, and entertainment options.
Top Cons:
High Association Fee: The monthly association fee of $531.67 is substantial for a 1-bedroom unit, significantly increasing the overall cost of ownership.
Compared to the nearby listings
Price:$543.0K vs avg $650.0K ($-107,000)22%
Size:686 sqft vs avg 1,004 sqft13%
Price/sqft:$792 vs avg $71989%
More Insights
Built in 1983 (42 years old).
Condition: Despite being built in 1983, the property has undergone significant and tasteful renovations, particularly in the kitchen and bathroom. The kitchen features modern white shaker-style cabinets, stainless steel appliances, light countertops, and a subway tile backsplash. The bathroom boasts a contemporary vanity, updated fixtures, and a tiled shower/tub combo with a glass door. The living areas have updated hard-surface flooring, and the bedroom is carpeted, all appearing well-maintained. While not a brand-new construction, the extensive interior updates make this condo move-in ready with a modern aesthetic, aligning with a property extensively renovated within the last 5-15 years.
Year Built
1983
Close
-
List price
$543K
Original List price
$543K
Price/Sqft
$792
HOA
$531.67
Days on market
-
Sold On
-
MLS number
25493919
Home ConditionGood
Features
Good View: Courtyard
Deck
ViewCourtyard
About this home
Inviting 1 Bd + 1 Bath condo overlooking lush landscaping and water features.
Price History
Date
Event
Price
10/29/99
Sold
$133,500
07/11/08
Sold
$360,000
Condition Rating
Good
Despite being built in 1983, the property has undergone significant and tasteful renovations, particularly in the kitchen and bathroom. The kitchen features modern white shaker-style cabinets, stainless steel appliances, light countertops, and a subway tile backsplash. The bathroom boasts a contemporary vanity, updated fixtures, and a tiled shower/tub combo with a glass door. The living areas have updated hard-surface flooring, and the bedroom is carpeted, all appearing well-maintained. While not a brand-new construction, the extensive interior updates make this condo move-in ready with a modern aesthetic, aligning with a property extensively renovated within the last 5-15 years.
Pros & Cons
Pros
Desirable Coastal Location: Situated in Playa Del Rey, a highly sought-after coastal Los Angeles community, offering proximity to beaches, dining, and entertainment options.
Pleasant Views & Ambiance: The condo overlooks lush landscaping and water features, providing a serene and inviting courtyard view that enhances the living experience.
Functional Layout: The 686 sqft 1-bedroom, 1-bathroom layout offers a comfortable and efficient living space, well-suited for individuals or couples.
Condominium Lifestyle: As a condominium, it likely offers access to shared community amenities (common in complexes with lush landscaping) and reduced exterior maintenance responsibilities for the owner.
Investment in Coastal LA: Properties in Playa Del Rey generally represent a stable investment with potential for appreciation due to their prime location in a desirable coastal market.
Cons
High Association Fee: The monthly association fee of $531.67 is substantial for a 1-bedroom unit, significantly increasing the overall cost of ownership.
Limited Buyer Pool: A 1-bedroom, 1-bathroom unit of 686 sqft primarily appeals to singles or couples, which may limit the potential buyer demographic.
Building Age & Potential Updates: Built in 1983, the building is over 40 years old. While potentially well-maintained, it may require updates to common areas or the unit itself to meet modern aesthetic and functional standards, if not already completed.