NOT LISTED FOR SALE

8515 Falmouth Ave Unit 316 Playa Del Rey, CA 90293

Estimated Value: $786,000 - $1,188,000

2 Beds
2 Baths
1,168 Sq Ft
1.44 Acres

Last Sold March 24, 2020

Last sale price $735,000 $629 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,506/month

Highlights

  • Fitness Center
  • Filtered Pool
  • Gated Community
  • Kentwood Elementary Rated A-
  • Gated Parking
  • City Lights View

About This Home

As of December 2023

Great location for this 3rd Floor Corner unit. NO adjoining walls/neighbors. Only great natural light from south, west and east facing windows. Tree top view overlooking open spaces. This large 2 + 2 has NEW vinyl flooring, new paint and near new higher end appliances (including washer/dryer). Counter-top for easy breakfast and coffee mornings, large dining area, large, sunny balcony with bar-b-que has access from both bedroom and living room. Forced AC and heat, on site management. Situated across the lobby from elevator (but private secluded entry). 2 car tandem parking conveniently located in gated community garage. Secure entry to building and to all common amenities (pool, 2 spas, gym, clubhouse, 2 tennis courts and more). Extra storage closet on balcony and private storage cage in secure room in garage. Beautifully maintained. Gas fireplace 1 updated bath. Just 3 blocks from the beach and 1 block from PDR shopping, market and postal... this is the hub of Silicon Beach. Great privacy!

Last Agent to Rent the Property

Thomas Corte

Matilla Realty Inc License #01323411 Listed on: 10/28/2023

Co-Listed By

Dana Wright

Matilla Realty Inc License #01439943

Last Renter's Agent

Dana Wright

Matilla Realty Inc License #01439943

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,593

Year Built

  • Built in 1984

Lot Details

  • 1.44

Property Views

  • City Lights
  • Trees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,168 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Vinyl Plank Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer

Parking

  • Garage
  • Garage Door Opener
  • Gated Parking
  • Parking Garage Space
  • Controlled Entrance

Pool

  • Filtered Pool
  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $5,000
  • Tenant pays for cable TV, electricity, gas, move out fee
  • 12 Month Lease Term
  • Assessor Parcel Number 4118-018-112

Community Details

Overview

  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Meeting Room
  • Elevator
  • Community Storage Space

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$9,593

Year Built

Built in 1984

Lot Details

0

Rental Info

  • Security Deposit: 5000
  • Tenant Pays: Cable TV, Electricity, Gas, Move Out Fee

Listing Details

  • Property Type: Residential Lease
  • Style: Contemporary Mediterranean
  • Single Family Or Apt: Condo/Apt
  • Levels: One
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 1168
  • Lot Acreage: 1.4442
  • Stories: 4
  • Year Built: 1984
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace Rooms: Gas, Living Room
  • Flooring: Vinyl Plank
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Closet
  • Total Bathrooms: 2.00
  • Equipment: Built-Ins, Cable, Dishwasher, Dryer, Range/Oven, Refrigerator, Microwave, Garbage Disposal
  • Price Per S Q F T: 3.30

Exterior Features

  • Pool Description: Filtered, Safety Fence, In Ground, Community
  • Pool: Yes
  • View: Tree Top, City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage, Controlled Entrance, Door Opener

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Forced Air, Central

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Clubhouse, Conference, Controlled Access, Gated Community, Gated Parking, Elevator, Extra Storage, Fitness Center, Onsite Property Management, Pool, Spa, Tennis Courts

Lot Info

  • Assessor Parcel Number: 4118-018-112
  • Lot Size Area: 62909

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2020
Closed on
Feb 24, 2020
Sold by
Saeed Zohaib
Bought by
Akbari Alireza and Akbari Hessam Tahereh
Seller's Agent
Dana Wright
Matilla Realty Inc
Buyer's Agent
Haleh Dolatshahi
Rodeo Realty- Brentwood
List Price
$759,000
Sold Price
$735,000
Premium/Discount to List
-$24,000
-3.16%
Current Estimated Value
$894,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,909
Avg. Annual Appreciation
3.56%
Original Mortgage
$551,250
Outstanding Balance
$375,149
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$519,760

Purchase Details

Listed on
Feb 4, 2014
Closed on
Jun 6, 2014
Sold by
Rogers Dr Terri
Bought by
Saeed Zohaib
Seller's Agent
Lisa Agbalaya
Coldwell Banker Residential Br
Buyer's Agent
Oxana Davydova
No Firm Affiliation
List Price
$425,000
Sold Price
$462,000
Premium/Discount to List
$37,000
8.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.50%
Original Mortgage
$346,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 4, 2014
Closed on
May 30, 2014
Sold by
Uhle Sarah
Bought by
Saeed Zohaib
Seller's Agent
Lisa Agbalaya
Coldwell Banker Residential Br
Buyer's Agent
Oxana Davydova
No Firm Affiliation
List Price
$425,000
Sold Price
$462,000
Premium/Discount to List
$37,000
8.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2004
Sold by
Miller Elizabeth
Bought by
Rogers Dr Terri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,200
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 1997
Sold by
Miller Elizabeth
Bought by
Miller Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,100
Interest Rate
7.66%

Purchase Details

Closed on
Aug 26, 1996
Sold by
Miller Lynn G
Bought by
Miller Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
8.2%

Purchase Details

Closed on
Jul 11, 1996
Sold by
Federal National Mortgage Association
Bought by
Miller Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
8.2%

Purchase Details

Closed on
Feb 5, 1996
Sold by
Dydzak Daniel D and Federal National Mortgage Asso
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Akbari Alireza $735,000 Fidelity National Title Co
Saeed Zohaib $462,000 Progressive Title Company
Saeed Zohaib -- Progressive Title Company
Rogers Dr Terri $420,818 Ticor Title
Miller Elizabeth -- First American Title Ins Co
Miller Elizabeth A -- Progressive Title Company
Miller Elizabeth $162,000 Progressive Title Company
Federal National Mortgage Association $150,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akbari Alireza $551,250
Previous Owner Saeed Zohaib $346,500
Previous Owner Saeed Zohaib $69,250
Previous Owner Rogers Dr Terri $351,200
Previous Owner Miller Elizabeth $21,100
Previous Owner Miller Elizabeth $157,000
Closed Rogers Dr Terri $87,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/28/2023 12/28/23 Rented $3,850 0.0% --
12/13/2023 12/13/23 Under Contract -- -- --
11/16/2023 11/16/23 Price Changed $3,850 -2.5% $3 / Sq Ft
10/28/2023 10/28/23 For Rent $3,950 +3.9% --
10/29/2022 10/29/22 Rented $3,800 -2.6% --
10/21/2022 10/21/22 Under Contract -- -- --
10/03/2022 10/03/22 Price Changed $3,900 -4.9% $3 / Sq Ft
08/22/2022 08/22/22 For Rent $4,100 +22.4% --
06/02/2020 06/02/20 Rented $3,350 -2.9% --
04/24/2020 04/24/20 Price Changed $3,450 -8.0% $3 / Sq Ft
04/15/2020 04/15/20 For Rent $3,750 0.0% --
03/24/2020 03/24/20 Sold $735,000 -1.9% $629 / Sq Ft View Prior Sale
02/15/2020 02/15/20 Pending -- -- --
01/23/2020 01/23/20 Price Changed $749,000 -1.3% $641 / Sq Ft
01/09/2020 01/09/20 For Sale $759,000 +64.3% $650 / Sq Ft
07/18/2014 07/18/14 Sold $462,000 +8.7% $396 / Sq Ft View Prior Sale
02/12/2014 02/12/14 Pending -- -- --
02/04/2014 02/04/14 For Sale $425,000 -8.0% $364 / Sq Ft
02/02/2014 02/02/14 Off Market $462,000 -- --
12/19/2013 12/19/13 For Sale $425,000 -- $364 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,593 $803,824 $643,061 $160,763
2024 $9,593 $788,063 $630,452 $157,611
2023 $9,410 $772,612 $618,091 $154,521
2022 $8,971 $757,464 $605,972 $151,492
2021 $8,858 $742,613 $594,091 $148,522
2020 $6,222 $507,705 $354,295 $153,410
2019 $5,974 $497,751 $347,349 $150,402
2018 $5,953 $487,992 $340,539 $147,453
2017 $5,825 $478,424 $333,862 $144,562
2016 $5,690 $469,044 $327,316 $141,728
2015 $5,606 $462,000 $322,400 $139,600
2014 $5,960 $487,000 $356,000 $131,000
Source: Public Records

Agents Affiliated with this Home

  • Thomas Corte

    Landlord's Agent in 2023

    Thomas Corte

    Matilla Realty Inc

    (310) 713-0552

    30 in this area

    43 Total Sales

    Thomas Corte
    Section Image
  • Dana Wright

    Landlord's Co-Listing Agent in 2023

    Dana Wright

    Matilla Realty Inc

    (310) 463-6814

    29 in this area

    42 Total Sales

    Dana Wright
    Section Image
  • Haleh Dolatshahi

    Buyer's Agent in 2020

    Haleh Dolatshahi

    Rodeo Realty- Brentwood

    (310) 463-3030

    13 Total Sales

    Haleh Dolatshahi
    Section Image

  • L

    Seller's Agent in 2014

    Lisa Agbalaya

    Coldwell Banker Residential Br

  • O

    Buyer's Agent in 2014

    Oxana Davydova

    No Firm Affiliation

    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 23-326335

The MLS

APN: 4118-018-112

California Los Angeles County Playa Del Rey 90293

8515 Falmouth Ave Unit 316, Playa Del Rey, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes