8515 Falmouth Avenue 206
Playa Del Rey, CA, 90293
$850,000
MLS: 26643823
Beds
2
Baths
2
Sq Ft
1,367
Lot
1.44 ac
Year Built
1984
MLS #
26643823
Days on Market
47
Listed
Jan 29, 2026
Description
Looking for a home that works as hard as you do? This popular corner two-bedroom plus den floor plan (often used as a 3Br) in the Villas del Rey checks all the boxes. A sought-after north-facing location offers great natural light along with a private courtyard patio perfect for morning coffee or evening downtime. Inside, the flexible den creates an ideal work-from-home setup, guest space, or creative studio. The home features beautiful engineered hardwood floors throughout, contemporary lighting, and a stylishly updated gourmet kitchen with stainless steel appliances, custom cabinetry, and stone countertops. Both bathrooms have been tastefully remodeled with clean, contemporary finishes that feel fresh and timeless. Enjoy indoor-outdoor living with a north-facing balcony plus a rare north- and south-facing patio, giving you multiple spaces to relax or entertain. The Villas del Rey is a full-amenity community offering a clubhouse, pool, spa, and tennis courts. You're just six blocks to the beach, close to downtown Playa del Rey's shops and restaurants, and conveniently located near freeways and LAX. Two deeded parking spaces and a well-run homeowners association add peace of mind. Smart, stylish, and exceptionally located this is easy living without compromise.
Location
Playa Del Rey, Los Angeles County, CA 90293
Open on Google Maps ↗Listed by: Jane St. John · Estate Properties
Payment estimate
$6,204
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $85,000 · Loan: $765,000
- Principal & Interest
- $4,700
- Property tax (1.25%)
- $885
- Homeowners insurance
- $300
- Mortgage insurance
- $319
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Playa Del Rey home with as little as 3.5% down using an FHA loan — roughly $29,750 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Playa Del Rey, CA 90293 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
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