Playa Del Rey Condo Listing Highlights Affordable Coastal Living in Competitive Los Angeles Market

The listing of a renovated 852-square-foot condominium in Playa Del Rey offers a rare opportunity for affordable coastal living in one of Los Angeles' most desirable neighborhoods, highlighting the ongoing housing affordability challenges in Southern California's competitive real estate market. The property features one bedroom, 1.5 bathrooms, and comes with controlled-access security, elevator service, and assigned parking in a gated subterranean garage.

Recent updates to the unit include fresh paint, new carpeting, and reglazed countertops, sinks, tub, and shower, positioning it as a move-in ready option for buyers seeking coastal accessibility without extensive renovation costs. The property's location provides immediate access to beach activities including swimming, volleyball, biking, surfing, and kite flying, while being minutes from Loyola Marymount University, LAX, Marina Del Rey, and Venice's Silicone Beach technology hub.

What makes this listing particularly noteworthy in today's market are the exceptionally low HOA dues of $363 per month, which include building common area earthquake and liability insurance—a significant value in earthquake-prone Southern California. The HOA amenities include a sauna, recreation room, and ocean-view rooftop deck, offering premium features at below-market maintenance costs compared to similar coastal properties.

The property is represented by Bandele Oguntomilade, whose background in real estate law and architecture provides clients with comprehensive expertise in property valuation and marketing. Additional information about the specific property can be found at http://www.8710DelganyUnit15.com while details about the real estate professional's services are available at https://www.BogunRealtyAndLuxuryHomes.com.

This listing matters because it represents the shrinking inventory of affordable coastal properties in Los Angeles County, where median home prices consistently rank among the nation's highest. The combination of low HOA fees, recent renovations, and prime location addresses multiple pain points for Southern California homebuyers: high maintenance costs, renovation expenses, and commute times to major employment centers. For the broader real estate industry, properties like this demonstrate how strategic pricing of HOA fees and inclusion of essential insurance coverage can make coastal properties more accessible to moderate-income buyers.

The property's proximity to Silicone Beach—Los Angeles' growing technology corridor—also positions it as potentially attractive to tech professionals seeking shorter commutes, reflecting broader trends of workplace location influencing housing demand patterns. As Southern California continues to grapple with housing affordability crises, listings that combine coastal access with reasonable ongoing costs provide important case studies for developers and policymakers seeking solutions to the region's housing challenges.