8515 Falmouth Avenue 405
Playa Del Rey, CA, 90293
$935,000
MLS: 26852987
Beds
2
Baths
2
Sq Ft
1,513
Lot
1.44 ac
Year Built
1984
MLS #
26852987
Days on Market
58
Listed
Jun 25, 2026
Description
Enjoy coastal living in the sought-after Villas del Rey community, located in the heart of Playa del Rey. This top-floor corner residence features the largest floor plan in the development, offering two spacious bedrooms plus a versatile den, along with abundant natural light and refreshing ocean breezes. Recently updated throughout, the home showcases hardwood floors, fresh interior paint, new fixtures, and a beautifully refreshed kitchen complete with stainless steel appliances and a sunny breakfast area. The private primary suite features direct access to an east-facing balcony, a stunning new walk-in shower, updated vanity and mirrors, and ample closet space. On the opposite side of the home, a secondary bedroom and spacious den provide flexibility for guests, a home office, or media room. The den includes a wet bar with granite countertops, custom built-in bookshelves, and sliding doors opening to a northwest-facing balcony. The adjacent bathroom has been tastefully renovated with a new white vanity, newly tiled tub surround and updated fixtures. A new stackable washer and dryer add everyday convenience. Located just seven blocks from the beach, bike path, and the popular restaurants and cafes along Culver Boulevard, Villas del Rey offers resort-style amenities and an unbeatable location. Convenient access to LAX, major freeways, the technology centers of Playa Vista and El Segundo, and many of Southern California's premier sports and entertainment venues makes this an ideal place to call home.
Location
Playa Del Rey, Los Angeles County, CA 90293
Open on Google Maps ↗Listed by: Jane St. John · Estate Properties
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$7,705
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $93,500 · Loan: $841,500
Average 30-yr fixed rate 6.65% as of Aug 20, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $5,402
- Property tax (1.25%)
- $974
- Homeowners insurance
- $300
- Mortgage insurance
- $351
- HOA dues
- $678
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 Aug 20, 2026
- 30-year fixed
- 6.65%
- 15-year fixed
- 5.95%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $32,725 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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