NOT LISTED FOR SALE

13020 Pacific Promenade Unit 311 Playa Vista, CA 90094

Estimated Value: $1,117,139 - $1,349,000

2 Beds
2 Baths
1,300 Sq Ft
1.84 Acres

Last Sold September 02, 2014

Last sale price $710,000 $546 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $7,461/month

4 Days on Market

Highlights

  • Fitness Center
  • 24-Hour Security
  • Views of Trees
  • Playa Vista Elementary Rated A-
  • Heated In Ground Pool
  • 1-minute walk to Playa Vista Concert Park

About This Home

As of September 2014

Best location in Playa Vista! Spectacular park-view, single-level unit in The Lofts has everything you need to live, work, & play. Open floor plan is perfect for entertaining and features spacious kitchen with granite counter tops, stainless steel appliances, & an ample dining space that opens to huge terrace. Upgraded hardwood floors, fireplace, high ceilings, & large windows throughout create beautiful living spaces. Work from home in separate office area, that could easily be converted to a third bedroom, & take a break & enjoy lazy afternoons in the sunny living area. At dusk, view amazing sunsets and vibrant colors overlooking Concert Park. Enjoy a good night's sleep from the luxurious master suite that includes a walk-in closet. Enclosed 2nd bedroom with extra closet space and built-ins. Home is perched above existing Playa Vista retail shops & restaurants & is a short distance to Centerpointe Club, soon to open "The Resort" & other new phase II amenities.

Last Agent to Sell the Property

Reid Kaplan

Estate Properties License #01711288 Listed on: 04/24/2014

Last Buyer's Agent

Winnie Licht

Palm Realty Boutique Inc. License #01272501

Palm Realty Boutique Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,691

Year Built

  • Built in 2005

Lot Details

  • 1.84

Property Views

  • Trees
  • Mountain

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor

Interior Spaces

  • 1,300 Sq Ft Home
  • 4-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Home Office
  • Wood Flooring
  • Alarm System

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer Hookup

Parking

  • Subterranean Parking
  • Tandem Parking

Outdoor Features

  • Heated In Ground Pool
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Sewer in Street
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4211-029-183

Community Details

Recreation

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

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • 73 Units
  • Meeting Room

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,691

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: The Lofts
  • Entry Floor: 3
  • Living Area: 1300
  • Planned Urban Dev: 1
  • Stories: 4
  • Unit Floor In Building: 3
  • Year Built: 2005
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Living Room
  • Flooring: Hardwood
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit, Inside, Laundry Closet Stacked
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Alarm System, Cable, Dishwasher, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Stackable W/D Hookup
  • Fireplace: Yes
  • Price Per S Q F T: 534.62

Exterior Features

  • Balcony: Yes
  • Tennis Court Y/N: No
  • Exposure: Northwest
  • Pool Description: Association Pool, Heated
  • Pool: Yes
  • View: Mountains, Tree Top, Walk Street
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Subterranean, Tandem
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Earth Quake Ins: 0
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Prewired for alarm system, Smoke Detector
  • Sewer: In Street

Association/Amenities

  • Amenities: Basketball Court, Controlled Access, Fitness Center, Meeting Room, Playground, Pool, Security, Spa, Sport Court
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 646.95
  • Unit Location: Front

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4211-029-183
  • Geocode Override: No

Multi Family

  • Number Of Units: 73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2023
Sold by
Cochrane Douglas J and Cochrane Gigi K
Bought by
Doug And Gigi Cochrane Family Trust and Cochrane
Current Estimated Value
$1,223,285

Purchase Details

Closed on
Sep 29, 2016
Sold by
Cochrane Douglas J
Bought by
Cochrane Douglas J and Cochrane Gigi K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 24, 2014
Closed on
Jul 29, 2014
Sold by
Mevorach Barry B
Bought by
Cochrane Douglas J and Cochrane Gigi Kormendi
Seller's Agent
Reid Kaplan
Estate Properties
Buyer's Agent
Winnie Licht
Palm Realty Boutique Inc.
List Price
$695,000
Sold Price
$710,000
Premium/Discount to List
$15,000
2.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.00%

Purchase Details

Closed on
Oct 30, 2007
Sold by
Matsuno Osamu and Funakoshi Takuya
Bought by
Mevorach Barry B

Purchase Details

Closed on
Sep 14, 2005
Sold by
Concert Park South Venture Llc
Bought by
Matsuno Osamu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,700
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
Doug And Gigi Cochrane Family Trust -- None Listed On Document
Cochrane Douglas J -- Old Republic Title Company
Cochrane Douglas J $710,000 Entitle Insurance Company
Mevorach Barry B $630,000 Fidelity National Title Co
Matsuno Osamu $621,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cochrane Douglas J $207,000
Previous Owner Matsuno Osamu $496,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2014 09/02/14 Sold $710,000 +2.2% $546 / Sq Ft
04/28/2014 04/28/14 Pending -- -- --
04/24/2014 04/24/14 For Sale $695,000 -- $535 / 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 $12,691 $853,306 $555,612 $297,694
2024 $12,691 $836,575 $544,718 $291,857
2023 $12,494 $820,173 $534,038 $286,135
2022 $12,130 $804,092 $523,567 $280,525
2021 $12,019 $788,326 $513,301 $275,025
2019 $11,647 $764,945 $498,077 $266,868
2018 $11,689 $749,947 $488,311 $261,636
2016 $11,203 $720,827 $469,350 $251,477
2015 $11,038 $710,000 $462,300 $247,700
2014 $10,235 $628,000 $409,000 $219,000
Source: Public Records

Agents Affiliated with this Home

  • Reid Kaplan

    Seller's Agent in 2014

    Reid Kaplan

    RE/MAX

    (310) 883-8921

    26 in this area

    70 Total Sales

    Reid Kaplan
    Section Image

  • W

    Buyer's Agent in 2014

    Winnie Licht

    Palm Realty Boutique Inc.

    (310) 600-3996

    1 in this area

    1 Total Sale

    Winnie Licht
    Section Image
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Map

Source: The MLS

MLS Number: 14-754605

The MLS

APN: 4211-029-183

California Los Angeles County Playa Vista 90094

13020 Pacific Promenade Unit 311, Playa Vista, CA

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