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The second-priciest is the $27.5 million sale of 5 Harborage Drive in. Property records also show the buyer is Oppornova LLC, a Delaware-based company affiliated with Andrew Mack, co-founder of tea company Teavana, which was acquired by Starbucks in 2012. 9 Floor Plans. Overlooking the beach from the Santa Monica mountains. In Unit Washer & Dryer Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. It has 11 bedrooms, 22 bathrooms, an IMAX home theater, a 3,000-bottle wine cellar, a 20-car garage with tunnel access, chandeliers, and 22-karat gold leaf sprinkled throughout. Just because it is a non-reserve does not mean that the owner is obligated to accept an offer, Ameer says. Microwave $3,745. Heat, Dishwasher Or sign in if you already have an account, 4971 S Centinela Ave, Los Angeles, CA 90066, 2424 Wilshire Blvd, Los Angeles, CA 90057, 11059 McCormick St, North Hollywood, CA 91601, 5460 W Fountain Ave, Los Angeles, CA 90029, 1100-1132 Exposition Blvd, Los Angeles, CA 90007, 10599 Wilshire Blvd, Los Angeles, CA 90024, 4829-4848 Beverly Blvd, Los Angeles, CA 90004, 5529-5533 Hollywood Blvd, Los Angeles, CA 90028, 7810 Topanga Canyon Blvd, Canoga Park, CA 91304, 1100 Exposition Blvd-Private Suite Co-Living, enter move in date in the format: 2 digit month / 2 digit day / 4 digit year. Stainless Steel Appliances The combined final selling price for both parcels was $42.5 million, asindicated by property records that were updated on December 28th, the second-to-last business day of 2018. Kitchen Playa Vista Isle, previously known as Le Palais Royal, was a two-parcel listing asking as high as $159 million. When Mason and Cleo are finished, they will inch the Playa Vista master-planned development, which has been in planning stages since the late 1980s, toward completion. [7] The remains were discovered after construction began. Increasing rapidly. Transportation Somewhat Walkable 66 out of 100 WalkScore Rating Distribution and use of this material are governed by Youll be introduced to an agent from our real estate professional network. What they called The Summa Corporation Playa Vista plan would consume all but 72 of the 1,187 acres. For those looking to buy, the average house is valued at $1.5 million compared to the city average of $901,291. Walk-In Closets Playa Vista Utilities-Included Apartments, Playa Vista Wheelchair Accessible Apartments, Ballona Creek Trail - Ballona Wetlands Ecological Reserve Access. Apply to multiple properties within minutes. Apartments.com has the most extensive inventory of any apartment search site, with over one million currently available apartments for rent. Playa Vista is a neighborhood in the Westside area of Los Angeles, California. New York and Los Angeles", "How Snoop Dogg Is Becoming a Marijuana Media Mogul", http://www.yelp.com/biz/playa-vista-dog-park-playa-vista, http://www.yelp.com/biz/playa-vista-sports-park-playa-vista, http://www.yelp.com/biz/fountain-park-at-playa-vista-playa-vista, http://www.shapedscape.com/projects/playa-vista-park, "Ballona Discovery Park - Playa Vista - Los Angeles, CA", "Concert Park - Playa Vista - Los Angeles, CA", "CLIPPERS: Clippers' Training Center Press Conference Transcript", "CLIPPERS: Clippers Training Center Update", Shapedscape.com: Playa Vista Central Park, Archinect.com: Review of Central Park at Playa Vista, https://en.wikipedia.org/w/index.php?title=Playa_Vista,_Los_Angeles&oldid=1161959176. Privacy and security are of utmost importance at Playa Vista Isle. The units, in the $825 a square foot range, are designed by KTGY. The seller spent about seven years conceiving and designing the home but decided to sell because he wanted to travel more, according to several news reports. Its also the priciest residential sale to close in 2018. As of July 2023, the average apartment rent in Playa Vista, CA is $3,557 for a studio, $3,748 for one bedroom, $4,662 for two bedrooms, and $4,427 for three bedrooms. By signing up, you agree to TheRealDeal Terms of Use and acknowledge the data practices in our Privacy Policy. [1] The area began development in 2002 as a planned community with residential, commercial, and retail components. Healthcare costs make up a significant part of the. Rooftop Deck, Kitchen Robert Pereira, founder of the Massachusetts-based construction companyMiddlesex Corp., likely lost money on the deal. [6] A Tongva sacred burial site is located here: "about 1,000 Native American remains [] had been exhumed during construction," grave sites that were deemed sacred by the Tongva people. Cost of Living in Playa Vista, CA - Salary.com Playa Vista Apartments for Rent - Los Angeles, CA After all, real estate auctions are often reserved for foreclosures or bank-owned properties. Dishwasher Community Enhancement Fee: When you buy in Playa, you pay a special fee to the community in the amount of .75% of the purchase price of . She can be reached at natalie.way@move.com. [64], Playa Vista from the south, with Bluff Creek in foreground, Playa Vista neighborhood as mapped by the, Vincent, Roger and Groves, Martha (October 18, 2003), Vincent, Roger and Chang, Andrea (December 3, 2014), Partnership for Advancing Technology in Housing, Institute for Creative Technologies (ICT), "Playa Vista Was Going to Be a Utopian Planned Community. best Heat, Dog & Cat Friendly The mahogany-hued kitchen with gold trim is adjacent to the living room with fish tank surrounding the television screen. Andrew Mack | Playa Vista Isle | Hillsboro Beach - The Real Deal Besides the down payment, which is usually 15-20% of the selling price, there will be closing costs. Stainless Steel Appliances DISCLAIMER: All information contained in this web site is deemed reliable but not guaranteed. 736-994 Sqft. Gehry Partners, LLP, the architectural firm of Frank Gehry. One property, dubbed Mason, has beachy brownstone flats which are anticipated to be priced in the mid $1,000,000s, according to Playa Vistas website. 7 Units Available. Prices are increasing, but at a reasonable rate. This $159 million Florida mansion is up for auctiontake a - CNBC Playa Vista is bordered by the unincorporated enclave of Marina Del Rey to the northwest, by the community of Playa del Rey to the southwest, by Loyola Marymount University and the upland part of Westchester to the southwest, south, east and southeast, and by the Del Rey district to the northwest.[32]. On April 17, 2000, Exploration Technologies (ETI), "found methane seeps much larger than any previously reported, one about 1,000 feet long, and a second slightly smaller, in the area east of Lincoln Boulevard and south of Jefferson Boulevard. Parks: Neighborhood parks, sports fields, and regional hiking parks, are in and adjacent to Playa Vista. High-Speed Internet Disposal $475-million deal reflects Playa Vista's rise as a tech hub [27], According to the Mapping L.A. project of the Los Angeles Times, Playa Vista is adjoined on the northwest by Del Rey, on the north and east by Culver City, on the southeast by Westchester and on the west by Marina del Rey. Cost of Living in Playa Vista, CA is 44.2% Higher than the National Average Did the Cost of Living in Playa Vista, CA increase in 2023? 7 Things to Know Before Moving to Playa Vista. Even thoughthe sale didnt meetthe nine-figure asking price (which would have made it one of the most expensive sales ever for the U.S.), the sale did set two different records. Balcony In response to this proposed development, the Friends of . Indulge in an immersive cinematic experience that rivals the best theaters in the world. Fitness Center Controlled Access On top of being very close to the airport and the freeway, living in Playa Vista pits you just a few blocks from the beach and right next door to Loyola Marymount University, as well as the growing tech sector in the neighborhood; this unique positioning means that your neighbors represent a diverse mix of backgrounds, from students and airline workers to surfers and software developers and everything in between. Playa Vista residents pay for these with a secondary tax assessment in addition to their annual taxes. "[26], Playa Vista's parks and landscaped areas are serviced with 100% recycled water. The bedroom comes with a private terrace. [9], In 1839 the land was part of Rancho La Ballona, later in 1887, it became part of the Port Ballona. [20] Other environmentalists, however, oppose development in the wetlands. Furnished, Dishwasher "[18], It was constructed as, "a model for green development [using] energy saving systems, non-toxic and recycled materials, product selections and design techniques that promote conservation [thus] minimizing the impacts of development on the environment. Playa Vista, California Cost Of Living - AreaVibes History of Ballona Wetlands Friends of Ballona Wetlands [28][29], Street and other boundaries are: Ballona Creek or the Marina Freeway on the northwest and north, the Culver City boundary on the northeast, Bluff Creek Drive or the boundary between Rancho Ballona and Rancho Sausal Redondo on the southeast, followed by Teale Street and Cabora Drive, westerly and unmarked, to include the Ballona Wetlands on the southwest. Balcony Playa Vista Apartments. HOA & Other Expenses - Playa Vista Experts Balcony Many of the three-story homes in Brookfields Marlowe development, which opened in December 2015, cost more than $3 million ($960 a square foot). Good News! In the fourth quarter of 2015, condo properties sold for an average of $644 a square foot, compared with $906 in Santa Monica and $961 in Malibu Beach, according to a report by the Agency. Steve Soboroff Court Park is a basketball and playground facility next door to the LAClippers training facility, Randy Johnson Park is located on Bluff Creek Drive, Central Park includes a bandshell and athletic facilities. In 2000 there were 33 families headed by single parents, a low rate for Los Angeles. Kitchen Individual Locking Bedrooms, Fitness Center Hows that, you might ask? Playa Vista Isle, previously known asLe Palais Royal, was a two-parcel listingasking as high as$159 million. Bidding for Playa Vista Isle, which has 11 bedrooms and 22 bathrooms in 58,000 square feet, will open Nov. 12. Andrew Macks name appears on corporate records tied to the LLC in Hawaii. Range. Range The breakdown was Latinos, 34.8%; whites, 32.4%; Asians, 21.2%; blacks, 4.7%, and others, 6.9%. Tub / Shower Playa Vista, Los Angeles - Wikipedia New! As one of just a few homes on Hillsboro Mile, this property has the ocean on one side and the Intracoastal Waterway on the other. Create unforgettable memories and embrace a life of refined splendor at Playa Vista Isle. The cost of living in Playa Vista is 21% higher than the Los Angeles average. This rental is accepting applications through Apartments.com. Auctions are designed to reveal the price that the open market is willing to pay, so it is hard to know if it will end up going anywhere close to its $159 million asking price, Ameer says. [24], According to officials at the L.A. Department of Building and Safety, "Methane is an old story in Los Angeles and the standards the city requires at Playa Vista are the strictest in the country. Walk-In Closets Package Service Act now and your $ purchase will include 9 additional FREE application submissions to participating properties. The last phase of construction began in 2013, just as the area was becoming an attractive market companies like Google, Yahoo and Facebook. [16][17], It was one of "six communities in the nation selected by President Bill Clinton in 1998 as a National Pilot Project of the Partnership for Advancing Technology in Housing (PATH). Tub / Shower The place is now calledPlaya Vista Islea massive 30,000-square-foot estate on a private stretch of land in Hillsboro Beach, smack dab between Miami and Mar-a-Lago. Best Companies to Work for in Playa Vista | Working in West L.A. about your inquiry and other home-related matters, but not as a condition of any purchase. You may also be able to have your property tax basis and your taxes due reduced if you feel your property has . There are both three- and four-bedroom models that have private decks and two-car garages. Rent Trends. (At that price, it would still rule the market today.) Rooftop Deck Stainless Steel Appliances Playa Vista housing is 197% higher than the national average. If we had gone along with the normal marketing standards, it would have maybe taken us one to two years to sell, she says. Top editors give you the stories you want delivered right to your inbox each weekday. Take a look around the home and its expansive property. Playa Vista has a Livability Score of 70 /100, which is considered excellent Playa Vista crime rates are 34% lower than the Los Angeles average Microwave, In Unit Washer & Dryer This time, its being marketed in a whole new way:The property is being offered at auction without reserve, meaningtheres no minimum bid. Playa Vista, CA - AreaVibes Inside Playa Vista Isle - $175M WATERFRONT MANSION - YouTube Themarble staircase was said to have cost $2 million. Refrigerator We know luxury properties are notoriously difficult to sell, butits hard to see the word auction and not wonder if Playa Vista Isle is in dire straits. Decreasing rapidly. In addition to Cleo, Marlowe, Mason and Everly, the planned community of Playa Vista also contains the Skylar development by KB Homes ($2 million and up) and Brookfields Camden, Jewel and Seabluff Flats. Gated Maintenance on site Once the most expensive home in the country, Playa Vista Isle, in Hillsboro Beach sold in November 2018 after a bidding war amongst 11 buyers. Playa Vista, CA 3 Bedroom Homes For Sale | Trulia Access your favorite topics in a personalized feed while you're on the go. But that doesnt mean hell snag the home. Disposal The average household size of 2.4 people was average for the city. Laundry Facilities, Dog & Cat Friendly By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from Realtor.com and othersPersons who may contact you include real estate professionals such as agents and brokers, mortgage professionals such as lenders and mortgage brokers, realtor.com and its affiliates, insurers or their agents, and those who may be assisting any of the foregoing. you have mello-roos and an exorbitant HOA fee. Developer Robert Pereira sold Playa Vista Isle, previously called Le Palais Royal, to Oppornova LLC, a Delaware company, property records show. It was deemed the most expensive home in the U.S. in 2015 by the South Florida Business Journal. Select your school and find the perfect place nearby or on-campus. Venice has a shit ton of charm, but it's also expensive, but it's worth it to check out and see if you get lucky. Lavish Homes I - Playa Vista Isle Florida - Over the Top Still, the sale price reportedly broke a record as the highest a US home has sold for at auction. Short Term Lease Apartment Rentals in Playa Vista, CA Some errands can be accomplished on foot, but for others youll need a car. Apartment rent in Playa Vista has decreased by -2.9% in the past year.

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