8601 Falmouth Avenue 224
Playa Del Rey, CA, 90293
$998,000
MLS: 26660869
Beds
3
Baths
2
Sq Ft
1,367
Lot
1.57 ac
Year Built
1983
MLS #
26660869
Days on Market
12
Listed
Mar 6, 2026
Description
Designer-Renovated 3-Bedroom Condo with Expansive Private Terrace in Playa del ReyWelcome to Villas del Rey, one of the most desirable gated communities in the charming coastal neighborhood of Playa del Rey. This beautifully renovated 3-bedroom, 2-bath residence offers approximately 1,367 square feet of thoughtfully designed living space and an ideal split-bedroom layout that provides both privacy and flexibility.The home opens into a spacious open-concept living and dining area featuring luxury vinyl plank flooring, recessed lighting, and a contemporary fireplace with custom surround, creating a warm yet sophisticated space for relaxing or entertaining. Large sliding doors lead to an exceptionally spacious private terrace (approximately 23' x 17')perfect for outdoor dining, entertaining guests, gardening, or enjoying the coastal breeze.The fully remodeled designer kitchen is a standout feature of the home, showcasing striking Italian porcelain backsplash and waterfall countertops, custom bamboo wood upper cabinetry paired with velvet black lower cabinets, and a full suite of Samsung appliances including a Bespoke refrigerator, new dishwasher, stove, oven, and microwave. A built-in beverage refrigerator and elegant 42" Santana dining chandelier complete the space, creating a stunning focal point for gatherings and everyday living.The primary suite offers a spa-inspired retreat, complete with a fully renovated bathroom featuring custom Kohler fixtures, dual sinks, and an oversized walk-in shower with dual water distribution and integrated stability bars for enhanced comfort and accessibility. Two additional bedrooms provide flexible space for guests, a home office, or creative studio.Additional highlights include:* In-unit laundry* Modern lighting throughout* Designer finishes and fixtures* Walk-in closet in primary suite* Abundant storage throughout* Luxury vinyl plank flooringResidents of Villas del Rey enjoy resort-style amenities, including a pool, spa, tennis courts, fitness center, sauna, clubhouse, and beautifully landscaped grounds within a secure gated community.Ideally located just minutes from Playa del Rey Beach, Marina del Rey, Playa Vista, Silicon Beach, and LAX, this home offers the perfect balance of coastal living and urban convenience.
Location
Playa Del Rey, Los Angeles County, CA 90293
Open on Google Maps ↗Listed by: Marquis Horace · Agee Realty
Payment estimate
$7,233
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $99,800 · Loan: $898,200
- Principal & Interest
- $5,519
- Property tax (1.25%)
- $1,040
- Homeowners insurance
- $300
- Mortgage insurance
- $374
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 $34,930 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.
Similar Homes Nearby
Active and pending listings in ZIP 90293 (Playa Del Rey) within ±10% of this home's price and size.
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
Only large teams outsell Mike Watson · Keller Williams Realty
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.