NOT LISTED FOR SALE

12875 W Runway Rd Unit 3 Los Angeles, CA 90094

Estimated Value: $1,730,015 - $1,891,000

3 Beds
2 Baths
1,601 Sq Ft
$1,138/Sq Ft Est. Value

Last Sold March 22, 2021

Last sale price $1,550,000 $968 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $12,115/month

19 Days on Market

Highlights

  • Fitness Center
  • Tennis Courts
  • Heated Lap Pool
  • Playa Vista Elementary Rated A-
  • 24-Hour Security
  • Views of Trees

About This Home

As of March 2021

Popular Phase 2 home in the best location in all of Playa Vista with views of LMU Bluffs! East-facing, overlooking The Lounge Park and with lots of natural light. Located on the residential side, just steps from The Resort (pool & gym) and only 1 block from Runway Retail (Whole Foods, restaurants & retail). No Mello-Roos! This semi-exclusive Camden building has only 6 total units. This spacious home is single-level and has 3 total bedrooms. An open-concept floorplan showcases the modern kitchen, dining area and living room. Covered balcony faces The Lounge and outdoor fireplace. Has private 2-car tandem garage with pre-wiring for electric car charger and space for storage. New kitchen appliances, wine refrigerator, reverse-osmosis filtration system and high capacity vent hood. Custom crown molding, built-in bookshelves and custom closets. HOA includes pool & gym access, free cable tv, wireless internet and security monitoring service.

Last Agent to Sell the Property

Dennis Hsii

Highland Premiere Real Estate License #01919746 Listed on: 01/18/2021

Co-Listed By

Kofi Nartey

Globl RED License #01404511

Last Buyer's Agent

Reid Kaplan

Estate Properties License #01711288

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,923

Year Built

  • Built in 2014 | Remodeled

Lot Details

  • 6,565 Sq Ft Lot
  • West Facing Home
  • Landscaped
  • Sprinkler System
  • Property is zoned LAR4(PV)

HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor
  • Turnkey
  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation
  • Common Roof
  • Stucco

Interior Spaces

  • 1,601 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Wired For Sound
  • Wired For Data
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Window Screens
  • Family Room
  • Dining Area
  • Wood Flooring
  • Views of Trees

Kitchen

  • Open to Family Room
  • Gas Oven
  • Self-Cleaning Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Double Vanity
  • Low Flow Toliet
  • Shower Only
  • Low Flow Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Guest Parking

Pool

  • Heated Lap Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Tennis Courts
  • Basketball Court
  • Balcony
  • Covered Patio or Porch

Location

  • Property is near a park
  • Property is near public transit
  • City Lot

Utilities

  • Air Conditioning
  • Central Heating
  • Vented Exhaust Fan
  • Underground Utilities
  • Tankless Water Heater
  • Hot Water Circulator
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4211-033-077

Community Details

Overview

  • Association fees include cable TV, alarm system
  • Firstservice Residential Association, Phone Number (800) 428-5588
  • Low-Rise Condominium
  • Built by Brookfield Residential
  • Camden
  • Maintained Community

Amenities

  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Meeting Room
  • Elevator

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Sport Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • 24-Hour Security
  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,923

Year Built

Built in 2014 | Remodeled

Lot Details

0

HOA Fees

$825 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Builder Model Name: Camden
  • Builder Name: Brookfield Residential
  • Complex Name: Camden
  • Disability Access: DisabilityAccess, Handicap Access, Halls/Doors - 3 Feet Wide, No Interior Steps, Customized Wheelchair Accessible
  • Entry Floor: 3
  • Entry Location: Elevator
  • Living Area: 1601
  • Lot Acreage: 0.1507
  • Planned Urban Dev: 1
  • Property Condition: Updated/Remodeled
  • Stories: 4
  • Unit Floor In Building: 3
  • Year Built: 2014
  • Number Of Photos: 33
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Turnkey, Open Floor Plan, Detached/No Common Walls, Recessed Lighting, Pre-wired for surround sound, Pre-wired for high speed Data, High Ceilings (9 Feet+)
  • Number Of Remote Controls: 2
  • Flooring: Hardwood
  • Appliances: Microwave, Cooktop - Gas, Oven-Gas, Range, Range Hood, Self Cleaning Oven
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Bedroom, Main Floor Master Bedroom, Master Bedroom, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Low Flow Shower(s), Low Flow Toilet(s), Remodeled, Shower Stall, Double Vanity(s)
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Dining Area
  • Kitchen Features: Counter Top, Open to Family Room, Island
  • Laundry: Inside, In Unit, Room
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Alarm System, Cable, Dryer, Dishwasher, Elevator, Freezer, Garbage Disposal, Hood Fan, Microwave, Gas Dryer Hookup, Refrigerator, Range/Oven, Vented Exhaust Fan, Washer, Water Line to Refrigerator, Ice Maker
  • Price Per S Q F T: 998.75
  • Windows: Double Pane Windows, Screens

Exterior Features

  • Balcony: West
  • Direction Faces: West
  • Construction: Brick, Stucco
  • Other Features: High Ceilings (9 Feet+)
  • Tennis Court: Basketball, Community, Sport Court
  • Tennis Court Y/N: Yes
  • Foundation Details: Slab
  • Exposure: West
  • Patio: Balcony, Covered
  • Pool Description: Association Pool, Heated, In Ground, Lap Pool, Community
  • Pool: Yes
  • Roof: Common Roof, Flat
  • Spa: Association Spa, Community, Heated, In Ground
  • Spa Yn: Yes
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Door Opener, Parking for Guests, Private Garage
  • Total Parking: 2

Utilities

  • Volt 220: In Garage, In Laundry
  • Water Heater: Tankless, Hot Water Circulator
  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Card/Code Access, Community, Prewired for alarm system, Smoke Detector, Fire Sprinklers

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Basketball Court, Clubhouse, Controlled Access, Elevator, Fire Pit, Fitness Center, Playground, Pool, Picnic Area, Security, Spa, Sport Court, Meeting Room, Guest Parking, Tennis Courts
  • Pet Rules: Assoc Pet Rules, Pets Permitted, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA #2 Fee Frequency: Monthly
  • Association Fees Include: Cable TV, Alarm System
  • High Rise: Controlled Access
  • HOA Fees: 540.00
  • Management Company: FirstService Residential
  • Mgmt Co 2: FirstService Residential
  • Mgmt Co Phone: 8004285588|
  • Mgmt Co 2 Phone: 8004285588|
  • Phone: 8004285588|
  • HOA Fees: 285.00
  • HOA: Yes

Schools

  • School District: Los Angeles Unified

Lot Info

  • Special Zoning: Methane Gas, Seismic Hazard
  • Sprinklers: Sprinkler System
  • Assessor Parcel Number: 4211-033-077
  • Lot Description: Sidewalks, Street Lighting, Street Paved, Landscaped, Utilities Underground
  • Lot Location: Near Public Transit, Park Nearby, City
  • Lot Size Area: 6565

Rental Info

  • Land Lease Type: Fee
  • Lease Option: 1

Multi Family

  • Number Of Units: 6

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2018
Sold by
Rausch George Psinakis and Rausch Lauren Schnipper
Bought by
Rausch George Psinakis and Rausch Lauren Schnipper
Current Estimated Value
$1,821,754

Purchase Details

Closed on
Feb 18, 2015
Sold by
Brookfield Pv 725 Llc
Bought by
Rausch George P and Rausch Lauren S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$819,416
Outstanding Balance
$610,536
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,211,218
Source: Public Records

Range of Values:

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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
Rausch George Psinakis -- None Available
Rausch George P $1,024,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rausch George P $819,416
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2021 03/22/21 Sold $1,550,000 -3.1% $968 / Sq Ft
02/04/2021 02/04/21 Pending -- -- --
01/16/2021 01/16/21 For Sale $1,599,000 -- $999 / 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 $19,923 $1,677,769 $865,945 $811,824
2024 $19,923 $1,644,872 $848,966 $795,906
2023 $19,535 $1,612,620 $832,320 $780,300
2022 $20,166 $1,581,000 $816,000 $765,000
2021 $13,550 $1,137,300 $693,172 $444,128
2020 $13,691 $1,125,640 $686,065 $439,575
2019 $13,141 $1,103,569 $672,613 $430,956
2018 $13,103 $1,081,931 $659,425 $422,506
2016 $12,541 $1,039,920 $633,820 $406,100
Source: Public Records

Agents Affiliated with this Home

  • Dennis Hsii

    Seller's Agent in 2021

    Dennis Hsii

    Highland Premiere Real Estate

    (424) 248-9510

    50 in this area

    104 Total Sales

    Dennis Hsii
    Section Image
  • Kofi Nartey

    Seller Co-Listing Agent in 2021

    Kofi Nartey

    Globl RED

    (310) 849-5634

    12 in this area

    37 Total Sales

    Kofi Nartey
    Section Image
  • Reid Kaplan

    Buyer's Agent in 2021

    Reid Kaplan

    RE/MAX

    (310) 883-8921

    25 in this area

    69 Total Sales

    Reid Kaplan
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 21-679068

The MLS

APN: 4211-033-077

California Los Angeles County Los Angeles 90094

12875 W Runway Rd Unit 3, Los Angeles, CA

This home is located at 12875 W Runway Rd Unit 3, Los Angeles, CA 90094 since 18 January 2021 and is currently estimated at $1,821,754, approximately $1,137 per square foot. This property was built in 2014. 12875 W Runway Rd Unit 3 is a home located in Los Angeles County with nearby schools including Playa Vista Elementary, Marina Del Rey Middle School, and Wright Middle School STEAM Magnet.

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