Playa Vista Real Estate - Costs Mello Roos - Playa Vista School and Library - The Reserve - The Runway
Playa Vista real estate is the newest Westside neighborhood in more than 50 years set next to restored BallonaÂ Wetlands and wildlife preserve. Playa Vista is adjacent to Marina del Rey, Westchester L.A. neighborhood and near Los Angeles Airport.Playa Vista is a Planned Unit Development (PUD). Playa Vista L.A., CA 90094 has gained Westside and International attention. Outstanding architects and urban planners have combined to create an environmentally friendly, active-lifestyle real estate showpiece in West Los Angeles, CA.Â Mixed-used communityÂ fusesÂ retail, commercial, residential and recreational space. Residents can live, work, shop and play without traffic,Â stress and hassles associated with â€œleap frogâ€ community setting.
Phase One consists of 3,246 new residential housing residents ranging from luxury condominiums, townhouses, single family homes and apartment rentals. Parks and recreational amenities have been developed.Â Condominiums, townhousesÂ and homes built in mid 2000s.Â The 2010 census is a population of 5,464. Concert Park gives free Spring â€“ Summer Concerts and Events .Â Phase 1 has Playa Vista Elementary School
and Playa Vista Public Library. School and Library Â BELOW. 2013Â Spring/Summer Concerts/Events.
Â Concert Park is surrounded by a bank, restaurant,bank, dry cleaners, beauty salon, pet store, grocery and other retail shops.Playa Vista Real Estate Resources:-Playa Vista SELLER Home Staging
Approximate Costs Owning in Playa Vista:
Owning property in Playa Vista is slightly more expensive than other home purchases on the Westside. Because Playa Vista is a new community there is an additional Mello-Roos fee. Review Property Taxes, Mello-Roos, Homeowner Dues and Community Enhancement Fee.
Mello Roos or Community Facilities District:
Playa Vista is a Community Facilities District No. 4 (CFD). In 1982, the Mellow Roos Community Facilities Act was established. Mello Roos is a 40 year bond that allows financing for infrastructure, public improvements and services. These improvements and services includes: streets, sewer systems, police and fire protection, ambulance services, schools, parks, libraries, museums and other facilities. In addition to property taxes average 1.25 % of sales price supplemental Mello-Roos taxes are added. The Mello-Roos tax can decrease or increase. Currently Mello-Roos is approximately $2.00 per sq. ft. Mello Roos rates change for exact amount of Mello Roos rate: CDIAC programs may be obtained by contacting CDIAC directly via phone (916) 653-3269, fax (916) 654-7440, e-mail (email@example.com)
Sales Price $600,000.00 and Unit 1,000 square feet
Approximate Mello Roos = $2,000.00
Appriximate Property Taxes = $7,500.00
Playa Vista a planned unit development has monthly Homeowner Dues. There are two Homeowner associations in Playa Vista.
Playa Vista Parks and Landscaping (Approximately $250.00/month subject to change)
- Center Point Club
- Time Warner Cable and High Speed Internet
- Landscaping and Street Maintenance
- Patrol Service
- Merit Property Management Administrative Expenses
Individual Building Dues (Varies Approximately $350.00 to $750.00/month Â subject to change)
- Fire and Liability Insurance for common area
- Building Maintenance
- Water Usage for Common Area
- Trash Removal
- Management Company Fees
Community Enhancement Fee:
Upon selling your condominium or home in Playa Vista there is a one-time fee. The Playa Vista Community Enhancement Fee is .75% of sales price. This fee maintains parks, Playa Vista Bus Shuttle, community programs and intranet. This fee can be paid by seller or buyer.
The Reserve and RunwayÂ Long awaited addition to Playa Vista is the Reserve and the Runway is under construction. The Runway is expected to open December 2014. Reservein Playa Vista is formerly U.S. Post Office facility at 13031 W. Jefferson Blvd.Â Is new site for Microchip Technology, Laureate Education and TMZ Offices. The Reserve is a 20-acre site offering approximately 380,000 square feet of office and industrial space. Playa Vistaâ€™s latest development, designed by firm of HLW International and Katherine Spitz Associates (landscaping). LEED Certified inspired office environment friendly commercial
Project rendering downtown Playa Vista, CA. Rendering provided Playa Vista L.A.
will be designed by will have additional luxury housing and parks.Â There is an additional 195,000 square feet of commercial space. The commercial space will house restaurants, a grocery store, and retail stores.Playa Vista Elementary School
VIEW: Playa Vista Elementary SchoolÂ Website13150 Bluff Creek DrL.A., CA 90094Playa Vista Public Library
VIEW: Playa Vista Public Library Website6400 Playa Vista Dr.L.A., CAÂ 90094(310) 437-6680
Playa Vista has its own Public Library
Playa Vista Map (provided Google)
Playa Vista real estate latest new residential and commercial development on the Westside L.A. in over 50 years. 21st planned community LEEDS certifiedÂ has luxuryÂ condominium and townhouse density. There are breathtaking single family homes in the community. Mixed-use with bank, restaurant, retail stores and commercial spaces. Parks, pools, spas, recreation facility, and Farmers Market. Playa Vista is still growing with the addition of the Reserve. The Runway under construction will offer luxury homes, apartments, Downtown Playa Vista, parksÂ and various retail/commercial spaces. Buying or Selling call Playa Vista Expert: Gail Mercedes Cole (310) 853.9933
Â Information deemed reliable not guaranteed License #00788828. Verify with Community Facilities District exact amount of Mello-Roos in Playa Vista.