For SaleRisky Deal66 days on market
8505 Gulana Ave Unit 4206
8505 Gulana Ave Unit 4206, Playa Del Rey, CA 90293, Playa Del Rey, CA 90293
$500,000
Estimate®:$492,900
Listing Price
8505 Gulana Ave Unit 4206, Playa Del Rey, CA 90293
Loc: Playa Del Rey, CA
Days Listed
66
Tax Assessed
$431k
Estimate®
$493k
Market Rate
Lot Size
2.22 acres
Rent Estimate
$2,870/mo
Est. Cash Flow base
Type
condo
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
5
Paseo Del Rey Natural Science Magnet
K-5
0.2 mi away
7
Katherine Johnson STEM Academy
6-8
0.4 mi away
5
Westchester Enriched Sciences Magnet Health/Sports Medicine
9-12
0.4 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
multi-family residentialapartment complexshingle sidingcontemporarygated entrywalkwaylandscaped groundsbalconiesresidentialsuburbanoutdoor lightingfencingmature trees
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.06%
Total ROI
47.0%
Cash Flow
$-904/mo
DSCR
0.65
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-904/mo net cash flow with a 4.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Playa Del Rey, CA
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-07-19 | Listed for sale | $500,000 | $672 |
| 2010-10-13 | Sold | $286,500 | $385 |
| 1999-05-27 | Sold | $147,000 | $198 |
| 1997-05-16 | Sold | $105,000 | $141 |
| 1997-03-14 | Sold | $90,100 | $121 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $431,231 |
| 2025 | $5,139.18 | $422,776 |
| 2024 | $5,079.01 | $414,487 |
| 2023 | $4,984 | $406,360 |
| 2022 | $4,753.39 | $398,393 |
| 2021 | $4,691.59 | $390,582 |
| 2020 | $4,739.35 | $386,578 |
| 2019 | $4,739.35 | $378,999 |
| 2018 | $4,534.41 | $371,569 |
| 2017 | $4,534.41 | $364,284 |
| 2016 | $4,436.52 | $357,143 |
| 2015 | $4,335.85 | $351,779 |
| 2014 | $4,293.2 | $344,889 |
| 2012 | $0 | $336,600 |
| 2011 | $0 | $330,000 |
| 2010 | $0 | $178,524 |
| 2009 | $0 | $178,949 |
| 2008 | $0 | $175,441 |
| 2007 | $0 | $172,002 |
| 2006 | $0 | $168,631 |
| 2005 | $0 | $168,631 |
| 2004 | $0 | $162,084 |
| 2003 | $0 | $159,114 |
| 2002 | $0 | $155,995 |
| 2000 | $0 | $149,940 |
Similar Properties Nearby
Explore other investment opportunities in Playa Del Rey.