12883 Runway Road 1, Playa Vista, California 90094, Playa Vista, 90094 - 4 bed, 4 bath
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Playa Vista, California 90094
This Luxury Coastal Townhome represents a Strong Value Opportunity, listed at $2,449,000—positioned well below the $2,594,065 Fair Market Value by 5%. This valuation gap offers $145,065 in Instant Equity for the buyer. Featuring an Excellent Condition Rating, this 2014-built residence offers a Chef's Kitchen, Private Balcony, and a versatile 4-bedroom layout. Located in the heart of Silicon Beach near Top-Rated Schools like Cowan Avenue Elementary, this home is an ideal acquisition for Tech Professionals or Owner-Occupants seeking a turnkey, resort-style lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12883 Runway Road 1 Subject | $2,449,000* List Price | 4 | 4 | 2,206 | $1,176 | - |
A 12871 Runway Road 2 Sold | $2,595,000 | 4 | 4 | 2,224 | $1,167 | 0.0 mi |
B 5850 Mcconnell Avenue 1 Sold | $2,650,000 | 4 | 4 | 2,520 | $1,052 | 0.2 mi |
C 12526 W Fielding Circle 6 Sold | $2,225,000 | 3 | 3 | 1,871 | $1,189 | 0.5 mi |
D 12655 Sandhill Lane 2 Sold | $2,250,000 | 3 | 3 | 1,909 | $1,179 | 0.4 mi |
E 12457 Osprey Lane 3 Sold | $2,550,000 | 3 | 3 | 2,081 | $1,225 | 0.6 mi |
F 12526 W Fielding Circle Sold | $1,900,000 | 3 | 2 | 1,580 | $1,203 | 0.5 mi |
G 12468 Osprey 2 Sold | $2,200,000 | 3 | 3 | 2,026 | $1,086 | 0.6 mi |
H 6241 Crescent Parkway 206 Sold | $2,090,000 | 2 | 3 | 2,400 | $871 | 0.6 mi |
I 12642 Sandhill Lane 1 Pending | $2,600,000 List Price | 4 | 4 | 2,638 | $986 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2014/2015, this property is approximately 10 years old and remains in mint condition. The interior features a modern chef's kitchen with high-end stainless steel appliances, spa-inspired bathrooms, and contemporary systems. The home is move-in ready with no visible maintenance needs, meeting the criteria for top-tier condition.
Elementary School: Cowan Avenue Elementary School (9/10).
Situated in Playa Vista's desirable Phase 2, this residence offers unparalleled walkability to major tech hubs like Google and Meta, premier retail at Runway, and the added financial benefit of no Mello-Roos taxes.
The unique two-level design features a private fourth bedroom on the garage level, providing an ideal setup for a secluded home office, guest suite, or multigenerational living separate from the main living areas.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =13068, other record lot size in square feet = 13166.
The $720 monthly association fee, while inclusive of many services, represents a significant recurring expense that buyers must factor into their budget on top of the multi-million dollar purchase price.
While the property is located in a luxury enclave, some of the assigned secondary schools in the district have lower performance ratings, which may be a concern for education-focused families.
Check out this rare opportunity for luxurious coastal living in the heart of Playa Vista, one of most vibrant and walkable communities on the Westside. This highly sought-after 4-bedroom Camden residence is unique with its two-level, townhome-style design and offers the ideal blend of luxury, privacy, and modern convenience. Three spacious bedrooms are thoughtfully positioned on the main level, while a private fourth bedroom on the garage level creates the perfect space for a home office, guest suite or multigenerational living. Tucked within a serene, courtyard-facing location, this home feels like a peaceful escape. With no street traffic in front, you're surrounded by lush greenery, mature trees, and colorful landscaping that create a tranquil, resort-like setting. Enjoy your morning coffee on the quiet, private, oversized balcony with subtle ocean breeze. Inside, the home impresses with a bright, open-concept layout designed for both everyday living and entertaining. The chef's kitchen is the centerpiece, featuring an expansive island with seating for four or more, ideal for gatherings with family and friends. The primary suite is a true sanctuary, complete with a spacious walk-in closet and a spa-inspired bathroom with dual vanities, a soaking tub and a separate glass-enclosed shower. Located just steps from The Resort and only one block from Runway Retail, you'll enjoy unmatched access to Playa Vista's premier amenities. Residents experience a lifestyle unlike anywhere else, with access to pools, state-of-the-art fitness centers, and 29 beautifully maintained parks and open spaces. HOA dues include pool and gym access, cable, internet, and home security, along with a dedicated 24/7 bike security patrol that enhances the community's comfort and peace of mind. Enjoy effortless access to Playa Vista's top dining, shopping, and entertainment options, including Whole Foods, Cinemark, Free Market, Sol Cocina, Blue Bottle, Tocaya, Hopdoddy, CVS and Seabutter, with exciting new additions continually arriving. Playa Vista is also home to major tech and creative companies including Google, YouTube, Meta, Yahoo, Nike, Tencent, VinFast and 72andSunny, placing you at the center of Silicon Beach. Built in 2015 as part of Playa Vista's desirable Phase 2, this home offers the added benefit of no Mello-Roos. Just minutes from LAX, the beach, and the best of the Westside including Santa Monica, Venice, and Marina del Rey, this is Westside living at its absolute finest.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-5 • 0.8 mi
Grades K-6 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,206 | 1,871 |
| Lot Size | 13,068 | 43,391 |
| Price | $2.45M | $1.34M |
| Price per sq ft | $1.1K | $920 |
| Built year | 2014 | 2007 |
| HOA | $720.0 | $710 |
| Days on market | 28 | 52 |
Jun 24, 2026
$2,449,000
Initial Listing
Aug 27, 2024
$2,225,000
Public Record
Dec 18, 2014
$1,233,500
Public Record