THE PROPERTY
PROPERTY OVERVIEW 8601 Falmouth Ave. #219 Playa Del Rey, CA 90293 1 Bed | 1.5 Bath | 855 Sqft. | 68,446 Lot Sqft. Year Built: 1983 Owner Name: Jennifer & Joseph Chavez
County Land Use
Condo
Heat Type
Central
Lot Acres
1.5713
Cooling Type
Central
Stories (Bldg)
3
Year Built
1983
Total Units
1
Building Type
Type Unknown
Charles Fisher | RE/MAX Estate Properties
3. 1. 2.
SALES COMPARABLE MAP 1. 8707 Falmouth Ave. #304
4. 8707 Falmouth Ave. #317
2. 8114 Manitoba St. #205
5. 8600 Tuscany Ave. #419
3. 8110 Manitoba St. #210
6. 8505 Gulana Ave. #5208
Charles Fisher | RE/MAX Estate Properties
SALES COMPARABLES 8707 FALMOUTH AVE. #304 PLAYA DEL REY, CA Beds
1
DOM
8
Baths
1
Year Built
1982
Sqft.
816
Parcel #
4118-008-088
Price/Sqft.
$796.57 Listing ID
20-591018
• SOLD $650,000 • Large loft room over kitchen • High 18 ft ceilings in the living room • Large balcony
8114 MANITOBA ST. #205 PLAYA DEL REY, CA Beds
1
DOM
14
Baths
1
Year Built
1983
Sqft.
852
Parcel #
4118-017-136
Price/Sqft.
$750.00 Listing ID
20-564908
• SOLD $639,000 • Includes a loft and a spiral staircase • Fireplace and vaulted ceilings •Hardwood floors throughout
Charles Fisher | RE/MAX Estate Properties
SALES COMPARABLES 8110 MANITOBA ST. #210 PLAYA DEL REY, CA Beds
1
DOM
7
Baths
1
Year Built
1983
Sqft.
867
Parcel #
4118-017-124
Price/Sqft.
$775.09 Listing ID
20-605554
• SOLD $672,000 • Corner unit with custom cabinets • Double-pane windows • Bamboo floors & barn doors lead to master
8707 FALMOUTH AVE. #317 PLAYA DEL REY, CA Beds
1
DOM
1
Baths
1
Year Built
1982
Sqft.
740
Parcel #
4118-008-081
Price/Sqft.
$863.51 Listing ID
20-589600
• SOLD $639,000 • 2 skylights, hardwood floors throughout • Fireplace and vaulted ceilings •Spiral staircase
Charles Fisher | RE/MAX Estate Properties
SALES COMPARABLES 8600 TUSCANY AVE. #419 PLAYA DEL REY, CA Beds
1
DOM
49
Baths
1.5
Year Built
1981
Sqft.
863
Parcel #
4118-003-253
Price/Sqft.
$740.44 Listing ID
20-660186
• ACTIVE $639,000 • Overlooks tennis courts and pool • Vaulted ceilings with skylights and oak floors • Fireplace, private balcony & chefs kitchen
8505 GULANA AVE. #5208 PLAYA DEL REY, CA Beds
1
DOM
1
Baths
1
Year Built
1986
Sqft.
862
Parcel #
4118-019-076
Price/Sqft.
$734.00 Listing ID
SB20164372MR
• SOLD $633,000 • High cathedral ceilings & large windows • Remodeled kitchen with newer appliances • Trendy tile floors throughout
Charles Fisher | RE/MAX Estate Properties
PRICING ANALYSIS COMPARATIVE SUMMARY - SALES Address
Bed
Bath
Sqft
Built
Price
$/Sqft
Sold Date
DOM
Sold?
8707 Falmouth Ave. #304
1
1
816
1982
$650,000
$796.57
8/8/2020
8
Sold
8114 Manitoba St. #205
1
1
852
1983
$639,000
$750.00
5/13/2020
14
Sold
8110 Manitoba St. #210
1
1
867
1983
$672,000
$775.09
9/9/2020
7
Sold
8707 Falmouth Ave. #317
1
1
740
1982
$639,000
$863.51
8/18/2020
1
Sold
8505 Gulana Ave. #5208
1
1
862
1986
$633,000
$734.00
9/18/2020
1
Sold
8600 Tuscany Ave. #419
1
1.5
863
1981
$639,000
$740.44
Active
49
Active
1
1
833
-
$645,333
$776.60
-
13
-
Average:
Charles Fisher | RE/MAX Estate Properties
NET SHEET #1
Scenario 1 Proposed Price
$650,000
Existing Financing 1. Present Mortgage Payoff 2. Property Tax 3/3/2021 to 7/1/2021
($592,099) $2,501
3. HOA Dues 3/3/2021 to 4/1/2021
$415
4. Building Report: City of Los Angeles
($73)
5. Property Taxes 2nd Half
($3,804)
6. County Transfer Tax
($357)
7. Homeowner’s Warranty
($500)
8. Title Fees
($1,870)
9. Escrow Fees
($1,895)
10. Natural Hazard Fees
($99)
11. HOA Dues
($445)
12. Listing Broker Fee (2.5%)
($16,250)
13. Seller Broker Fee (2.5%)
($16,250)
Estimated Equity To Seller
$18,714
Charles Fisher | RE/MAX Estate Properties
NET SHEET #2
Scenario 2 Proposed Price
$679,000
Existing Financing 1. Present Mortgage Payoff 2. Property Tax 3/3/2021 to 7/1/2021
($592,099) $2,501
3. HOA Dues 3/3/2021 to 4/1/2021
$415
4. Building Report: City of Los Angeles
($73)
5. Property Taxes 2nd Half
($3,804)
6. County Transfer Tax
($373)
7. Homeowner’s Warranty
($500)
8. Title Fees
($2,069)
9. Escrow Fees
($1,961)
10. Natural Hazard Fees
($99)
11. HOA Dues
($445)
12. Listing Broker Fee (2.5%)
($16,975)
13. Seller Broker Fee (2.5%)
($16,975)
Estimated Equity To Seller
$45,982
Charles Fisher | RE/MAX Estate Properties
We look forward to working with you.
Thank you Charles Fisher 310.902.7214 Charles@FisherRealEstate.com www.FisherRealEstate.com
Lic #: 01731424
Charles Fisher | RE/MAX Estate Properties