Does anyone know why HOA fees in Playa Vista are so HIGH!???

Asked by Garry, Culver City, CA Sat Aug 16, 2008

Is it really worth it to pay those high fees?

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6
Darryl Chern…, Agent, Los Angeles, CA
Mon Aug 18, 2008
BEST ANSWER
Garry:
There are 2 HOA fees in Playa Vista, the building's HOA and Community HOA. The community HOA in Playa Vista (approx. $212/month) covers a host amenities: community landscaping and maintenance for parks, full access to the CenterPointe Club (24 hour state-of-the-art fitness center, use of two pools and spa, business center, screening room, game room, conference room, banquet rooms), alarm system monitoring, 24-hour security staff, basic CATV, high-speed internet access.

Building HOAs cover (dues vary by bldg): common area maintenance and landscaping, water, trash, sewage, insurance, and any other amenities offered by each building.

Playa Vista is a lifestyle oriented community. It's a unique community that offers a plethora of social events for community residents: summer concerts, monthly breakfasts "bagels and brew" to meet other neighbors in the community, movies in the park w/popcorn and snacks, spring and fall festivals, holiday parties (halloween, winter, Easter egg hunts, summer pool parties, etc.), free shuttle bus that runs weekly to nearby beaches and attractions, dinner cruises, fishing trips, and other events/excursions hosted by Playa Vista Community Services (PVCS). Most of these events are free to residents.

The Mello-Roos bond recently decreased about 16% from the previous year (reflective on the 2008-2009 tax bill). This special tax pays for many improvements as well as infrastructure for the community. They include: street enhancements, traffic improvements, restorations of the Ballona Wetlands, the addition of the new fire station, library and parks, landscaping beautification, underground utilities, storm drain, water system, sewer improvements, and electrical systems.

If you have any further questions regarding Playa Vista and would like to discuss in greater length, please do not hesitate to let me know.

Best regards,
Darryl Cherniss
Coldwell Banker - Playa Vista
877-CA-90094
1 vote
Dorene Slavi…, Agent, Torrance, CA
Mon Nov 22, 2010
Hi Gary,

Usually the HOA will cover property insurance, security, amenities (pool,clubhouse, etc) all exterior maintainence landscaping,,cable, and sometimes a utility or two. Each development is different and you should ask the listing agent to know exactly what your HOA does cover.
In Playa the properties are not the same, some have a concierge desk, others have a private health club or other amenities,so the HOA fees will vary.
Playa Vista also has community events for all that are part of the "lifestyle" of being in Playa Vista.
If you were to purchase a home and pay or each of these things (health club,landscaping, maintenance,etc you will likely have to spend the same amount or more, so that's something to consider when looking at community living such as Playa Vista.
I will say that across the board people are very happy with the quality of life in Playa Vista.

Dorene Slavitz
Coldwell Banker Playa Vista
"playa vista preferred broker"
Web Reference:  http://www.doreneslavitz.com
1 vote
., , Los Angeles, CA
Sat Aug 16, 2008
Likely Mello Roos and upgrades and amenitites that exceed yur average HOA. See Moniques "best" answer
Web Reference:  http://borrowerhotline.com
1 vote
Monique & Joe…, Agent, Beverly Hills, CA
Sat Aug 16, 2008
Hello Garry,

The fees are high at Playa Vista as they have a lot of services such as the pool and clubhouse but most importantly there are Mello Roos fees. These are fees that cover the impact of building a new city within the city of Los Angeles. Roads, schools etc.

All the best,

Monique Carrabba
Realtor and EcoBroker
The Reavis Group
Keller Williams Wilshire
1 vote
Gail Mercedes…, Agent, Beverly Hills, CA
Mon Jun 17, 2013
Playa Vista, L.A. 90094 is the newest community in West Los Angele, CA. In addition to the HOAs is an annual Mello Roos fee. Mello Roos http://en.wikipedia.org/wiki/Mello-Roos. The HOA plus Mello Roos combined increases monthly fees at Playa Vista. More information about Playa Vista Real Estate and Property Search.http://www.westlaestates.com/local/los-angeles-2/

Gail Mercedes Cole
EXP Realty
310.853.9933
0 votes
Yona Bello, , Studio City, CA
Mon Aug 18, 2008
Hello Garry,

A 'beach' city will likely have higher HOA's fees b/c of the additional amenities and the special upgrades made which would fall into the Mello-Roos bond.

Please keep in mind that HOA fees will continue to rise in order to cover addtional improvements. You might want to consider a small home purchase and pencil out the monthly costs between condo to single family home.

Best,
Yona Bello
Web Reference:  http://www.YonaBello.com
0 votes
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