12963 Runway 416, Playa Vista, California 90094, Playa Vista, 90094 - 3 bed, 2 bath

12963 Runway 416, Playa Vista, California 90094 home-pic-0
PENDING$1,175,000
12963 Runway 416, Playa Vista, California 90094
3Beds
2Baths
1,152Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Great Schools: Elementary School: Cowan Avenue Elementary School (9/10).
Top Cons:
High Monthly Association Fee: The monthly association fee of $620 is substantial and adds a significant recurring cost to homeownership.

Compared to the nearby listings

Price:$1.18M vs avg $1.20M ($-25,000)45%
Size:1,152 sqft vs avg 1,310 sqft27%
Price/sqft:$1.0K vs avg $85882%

More Insights

Built in 2004 (21 years old).
Condition: The property was built in 2004, making it 20 years old. While it benefits from engineered wood flooring in main areas and newly installed plush carpet in bedrooms, the kitchen features dated black tiled countertops and older black appliances. The bathrooms are functional and clean but basic in style, showing signs of being outdated. The property is well-maintained and move-in ready, but the kitchen and bathrooms would require minor updates to meet current aesthetic standards.
Year Built
2004
Close
-
List price
$1.18M
Original List price
$1.18M
Price/Sqft
$1,020
HOA
$620
Days on market
-
Sold On
-
MLS number
SB25230234
Home ConditionFair
Features
Good View: City Lights, Mountain(s), Panoramic
Deck
ViewCity Lights,Mountain(s),Panoramic

About this home

Welcome to Catalina. A highly sought-after top-floor, corner penthouse residence featuring 3 bedrooms and 2 bathrooms. Located directly across from Concert Park, the unit offers a bright and airy layout with central AC and heating, and a convenient in-unit stackable washer and dryer. The kitchen opens seamlessly to the dining area and includes a breakfast bar, perfect for casual meals or entertaining. Enjoy engineered wood flooring throughout the main living areas and kitchen, complemented by newly installed plush carpet in the bedrooms for added comfort. From the living area, you have direct access onto a sizable private balcony, with unobstructed city and mountain views. Additional highlights include side-by-side parking with personal EV charging, as well as personal storage lockers above each parking space. Enjoy everything Playa Vista has to offer, including The Resort and The Center Pointe Club, featuring multiple pools, state-of-the-art gyms, parks, sports courts, soccer fields, playgrounds, dog parks, and more. A short stroll or PVCS Bus ride takes you to Playa Vista Elementary, Concert Park, and Runway Village, home to shops, restaurants, entertainment, Whole Foods, CVS, and medical offices. Experience the best of Playa Vista living at Catalina!

Nearby schools

6/10
Playa Vista Elementary
Public,K-60.2mi
8/10
Playa Del Rey Elementary School
Public,K-51.0mi
9/10
Cowan Avenue Elementary School
Public,K-61.0mi
4/10
Paseo Del Rey Natural Science Magnet
Public,K-51.4mi
8/10
Coeur D'Alene Avenue Elementary School
Public,K-52.1mi
8/10
El Rincon Elementary School
Public,K-52.3mi
2/10
Marina Del Rey Middle School
Public,6-80.9mi
4/10
Orville Wright Engineering And Design Magnet
Public,6-81.1mi
7/10
Culver City Middle School
Public,6-82.6mi
4/10
Westchester Enriched Sciences Magnets
Public,9-121.0mi
6/10
Venice Senior High School
Public,9-122.1mi
8/10
Culver City High School
Public,9-122.6mi

Price History

Date
Event
Price
12/13/04
Sold
$538,000
Condition Rating
Fair

The property was built in 2004, making it 20 years old. While it benefits from engineered wood flooring in main areas and newly installed plush carpet in bedrooms, the kitchen features dated black tiled countertops and older black appliances. The bathrooms are functional and clean but basic in style, showing signs of being outdated. The property is well-maintained and move-in ready, but the kitchen and bathrooms would require minor updates to meet current aesthetic standards.
Pros & Cons

Pros

Great Schools: Elementary School: Cowan Avenue Elementary School (9/10).
Top-Floor Penthouse & Views: This highly sought-after top-floor, corner penthouse residence offers unobstructed city and mountain views from a sizable private balcony, enhancing its exclusivity and appeal.
Exceptional Community Amenities: Residents enjoy access to a wealth of amenities including The Resort and The Center Pointe Club, featuring multiple pools, state-of-the-art gyms, parks, sports courts, playgrounds, and dog parks.
Modern Interior & Features: The unit boasts a bright and airy layout with central AC/heating, convenient in-unit stackable washer/dryer, engineered wood flooring, newly installed plush carpet in bedrooms, and an open kitchen with a breakfast bar.
Premium Parking & Storage: The property includes side-by-side parking with personal EV charging and dedicated storage lockers above each parking space, offering significant convenience and value.
Highly Walkable & Convenient Location: Located directly across from Concert Park, the unit offers easy access to Playa Vista Elementary, Runway Village (shops, restaurants, Whole Foods, CVS, and medical offices) via a short stroll or PVCS Bus ride.

Cons

High Monthly Association Fee: The monthly association fee of $620 is substantial and adds a significant recurring cost to homeownership.
Compact Living Space for a Penthouse: At 1152 sqft for a 3-bedroom penthouse, the living space might be considered compact by some buyers expecting more expansive dimensions for a premium unit.
Potential for Noise from Concert Park: While proximity to Concert Park is a strength, being directly across from it could lead to increased noise levels during events or peak usage times.

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