NOT LISTED FOR SALE

12883 Runway Rd Unit 3 Playa Vista, CA 90094

Estimated Value: $2,086,244 - $2,338,000

3 Beds
2.5 Baths
1,876 Sq Ft
$895/mo HOA Fee

Last Sold December 20, 2023

Last sale price $2,060,000 $1,098 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $14,472/month

31 Days on Market

Highlights

  • Fitness Center
  • 24-Hour Security
  • Views of Trees
  • Playa Vista Elementary Rated A-
  • Heated Lap Pool
  • 0.3 Acre Lot

About This Home

As of December 2023

Don't miss this rare, incredible opportunity for luxurious coastal living in the heart of Playa Vista. Experience the most vibrant, walkable and tech-savvy community in all of Los Angeles! This exquisite 3BR penthouse is nestled in a private courtyard location and offers a perfect blend of modern design, comfort, and convenience. Located merely steps from The Resort pool/gym and only one block from Runway Retail. The spacious living area is filled with natural light, creating a warm and inviting ambiance. High ceilings and large windows provide comforting views of the surrounding palm trees. The chef's kitchen is perfect for cooking and entertaining and features top-of-the-line Viking stainless steel appliances, quartz countertops, a center island with a breakfast bar, and a walk-in pantry with plenty of storage space. Enjoy your morning coffee or evening cocktail on the quiet, corner balcony. The primary bedroom is a true retreat, complete with a walk-in closet and a spa-like ensuite bathroom with dual vanities, a soaking tub, and a separate shower. An extra flex space is perfect as a home office, exercise room or nursery. Includes a private 2-car garage (side-by-side) with plenty of space for storage. Playa Vista offers resort-style amenities, including pools, fitness centers, 29 total parks, and more. HOA includes pool/gym access, cable, internet and home security. 24/7 bike security team patrols the neighborhood. Walk to Playa Vista retail including Whole Foods, Cinemark, Free Market, Superfine Playa, Neighbors, Sol Cocina, SenderOne, Loqui, Blue Bottle, Tocaya Organica, Hopdoddy, CVS, plus new retailers & restaurants coming soon! Playa Vista is home to these offices: Google, YouTube, Facebook, Yahoo!, The Honest Company, Tencent, Nike, Vinfast, 72andSunny, WeWork and more. You're just minutes away from LAX airport, Silicon Beach tech hubs, the beach, the Westside including Santa Monica, Venice and Marina del Rey. This is a Phase 2 home built in 2015 and there are no Mello-Roos fees.

Last Agent to Sell the Property

Dennis Hsii

Highland Premiere Real Estate License #01919746 Listed on: 10/04/2023

Co-Listed By

Vivian Yoon

Highland Premiere Real Estate License #01925833

Last Buyer's Agent

Chad Singer

Amalfi Estates License #02046735

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $24,853

Year Built

  • Built in 2014

Lot Details

  • East Facing Home

HOA Fees

Parking

  • 2 Car Garage
  • Side by Side Parking
  • Guest Parking

Property Views

  • Trees
  • Courtyard

Home Design

  • Contemporary Architecture
  • Entry on the 4th floor
  • Turnkey
  • Flat Roof Shape
  • Brick Exterior Construction
  • Fire Rated Drywall
  • Stucco

Interior Spaces

  • 1,876 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Wired For Data
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Plantation Shutters
  • Sliding Doors
  • Living Room
  • Dining Area
  • Den
  • Alarm System

Kitchen

  • Open to Family Room
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Powder Room
  • Bathtub with Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

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

Outdoor Features

  • Basketball Court
  • Balcony
  • Covered Patio or Porch

Utilities

  • Air Conditioning
  • Central Heating
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4211-033-067

Community Details

Overview

  • Association fees include alarm system, cable TV
  • 3 Units
  • Firstservice Residential Association
  • Low-Rise Condominium
  • Built by Brookfield Residential
  • Camden
  • Maintained Community

Amenities

  • Community Fire Pit
  • Elevator

Recreation

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

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$24,853

Year Built

Built in 2014

Lot Details

0

HOA Fees

$895 per month

Parking

2

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 in Playa Vista
  • Disability Access: Handicap Access, DisabilityAccess, No Interior Steps, Parking
  • Entry Floor: 4
  • Entry Location: Top Level
  • Living Area: 1876
  • Lot Acreage: 0.2997
  • Planned Urban Dev: 1
  • Stories: 4
  • Unit Floor In Building: 4
  • Year Built: 2014
  • Number Of Photos: 44
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: High Ceilings (9 Feet+), Elevator, Pre-wired for high speed Data, Recessed Lighting, Turnkey, Open Floor Plan
  • Flooring: Ceramic Tile, Carpet
  • Appliances: Cooktop - Gas, Microwave, Oven-Gas, Range, Range Hood
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Bedroom Features: WalkInCloset, Master Bedroom
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Linen Closet, Shower and Tub, Powder Room
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area, Kitchen Island
  • Kitchen Features: Island, Quartz Counters, Open to Family Room, Pantry
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Alarm System, Ceiling Fan, Dishwasher, Dryer, Freezer, Elevator, Garbage Disposal, Ice Maker, Hood Fan, Microwave, Washer, Refrigerator, Range/Oven
  • Price Per S Q F T: 1172.71
  • Windows: Double Pane Windows, Plantation Shutters

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Private Garage, Parking for Guests, Side By Side
  • Total Parking: 2

Utilities

  • TV Svcs: Cable TV
  • Volt 220: In Garage, In Laundry
  • Water Heater: Tankless
  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Card/Code Access, Community, 24 Hour, Fire Rated Drywall, Fire Sprinklers, Prewired for alarm system, Smoke Detector

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Basketball Court, Controlled Access, Elevator, Fire Pit, Fitness Center, Spa, Sport Court, Tennis Courts, Pool, Playground
  • Pet Rules: Pets Permitted, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA #2 Fee Frequency: Monthly
  • Association Fees Include: Alarm System, Cable TV
  • High Rise: Controlled Access
  • HOA Fees: 610.00
  • Management Company: FirstService Residential
  • Mgmt Co 2: Seabreeze Management
  • HOA Fees: 285.00
  • HOA: Yes

Schools

  • School District: Los Angeles Unified

Lot Info

  • Assessor Parcel Number: 4211-033-067
  • Lot Size Area: 13055

Multi Family

  • Number Of Units: 3

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2023
Closed on
Dec 12, 2023
Sold by
Eagles Nest 100 Title Holdings Trust
Bought by
Pedersen Debra
Seller's Agent
Dennis Hsii
Highland Premiere Real Estate
Buyer's Agent
Chad Singer
Amalfi Estates
List Price
$2,200,000
Sold Price
$2,060,000
Premium/Discount to List
-$140,000
-6.36%
Views
50
Current Estimated Value
$2,176,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,561
Avg. Annual Appreciation
3.02%
Original Mortgage
$1,030,000
Outstanding Balance
$1,009,844
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$1,166,717

Purchase Details

Closed on
Nov 18, 2014
Sold by
Brookfield Pv 725 Llc
Bought by
Park Howard H and Park Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$925,521
Interest Rate
4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Pedersen Debra $2,060,000 Chicago Title Company
Park Howard H $1,234,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pedersen Debra $1,030,000
Previous Owner Park Howard H $925,521
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2023 12/20/23 Sold $2,060,000 -6.4% $1,098 / Sq Ft
11/05/2023 11/05/23 Pending -- -- --
10/04/2023 10/04/23 For Sale $2,200,000 -- $1,173 / 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 $24,853 $2,101,200 $1,282,752 $818,448
2024 $24,853 $2,060,000 $1,257,600 $802,400
2023 $17,324 $1,425,485 $808,623 $616,862
2022 $16,640 $1,397,535 $792,768 $604,767
2021 $16,445 $1,370,133 $777,224 $592,909
2019 $15,953 $1,329,496 $754,172 $575,324
2018 $15,902 $1,303,429 $739,385 $564,044
2017 $15,557 $1,277,873 $724,888 $552,985
2016 $15,194 $1,252,818 $710,675 $542,143
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-316945

The MLS

APN: 4211-033-067