12963 Runway Road 121, Playa Vista, California 90094, Playa Vista, 90094 - 3 bed, 2 bath
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Playa Vista, California 90094
This Renovated Playa Vista Condo is a Prime Investment Opportunity listed at $1,025,000—positioned well below the $1,048,006 Fair Market Value by 2%. This valuation provides $23,006 in Instant Equity for the incoming owner. Boasting an Excellent Condition Rating, the home features a remodeled kitchen, wide-plank flooring, and a private patio overlooking greenery. Residents enjoy resort-style amenities and access to the 9/10 rated Cowan Avenue Elementary. This turnkey residence is ideal for Owner-Occupants or first-time buyers seeking a coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12963 Runway Road 121 Subject | $1,025,000* List Price | 3 | 2 | 1,154 | $908 | - |
A 12963 Runway 416 Sold | $1,130,000 | 3 | 2 | 1,152 | $981 | 0.0 mi |
B 12963 Runway Road 101 Sold | $1,075,000 | 3 | 2 | 1,163 | $924 | 0.0 mi |
C 6020 Seabluff Drive 338 Sold | $915,000 | 2 | 2 | 910 | $1,005 | 0.1 mi |
D 6400 Crescent Parkway 206 Sold | $785,000 | 2 | 1 | 960 | $818 | 0.3 mi |
E 5625 Crescent Park W 125 Sold | $875,000 | 2 | 2 | 1,230 | $711 | 0.4 mi |
F 6400 Crescent Parkway 125 Sold | $905,000 | 2 | 2 | 1,130 | $801 | 0.3 mi |
G 12975 Agustin Place 335 Active | $1,195,000 List Price | 2 | 2 | 1,300 | $919 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2004, this condo has been extensively renovated within the last few years, meeting the criteria for excellent condition. The interior features modern wide-plank flooring, a fully remodeled kitchen with stone countertops, designer tile backsplash, and stainless steel appliances. The bathrooms have been updated with contemporary hexagonal floor tiles, glass vessel sinks, and a spa-like walk-in shower. All components appear new or virtually new with no visible deferred maintenance.
Elementary School: Cowan Avenue Elementary School (9/10).
Situated in the heart of Playa Vista near Concert Park, the property offers a walkable lifestyle with immediate access to Whole Foods, retail, and resort-style facilities including pools and fitness centers.
The condo features a high-end remodeled kitchen with stone countertops and designer tile, paired with contemporary wide-plank flooring and a spa-like primary suite for a move-in-ready experience.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The $620 monthly association fee represents a substantial recurring expense that may impact the overall affordability and long-term investment yield for some buyers.
With three bedrooms squeezed into 1,154 square feet, the individual room sizes—particularly the third bedroom—are likely quite small, potentially limiting their functionality for larger furniture.
Welcome to this beautifully updated 3 bedroom, 2 bath condo in the desirably located Catalina Building by Concert Park in Playa Vista. Offering nearly 1,200 sq ft of thoughtfully designed living space, this home blends modern style with comfort and functionality. Step into a bright, open-concept layout featuring wide-plank flooring and seamless flow between the kitchen, dining, and living areas. The remodeled kitchen showcases stone countertops, a designer tile backsplash, stainless steel appliances, and ample cabinetry, perfect for both everyday living and entertaining. The spacious living room is anchored by a cozy fireplace and opens to a private patio, ideal for relaxing or enjoying the coastal breeze. The primary suite features a spa-like en-suite bath, dual vanities, and a large walk-in closet. The versatile third bedroom offers flexibility as a home office, guest room, or creative space, while the additional bedrooms are well-sized and thoughtfully positioned. Additional highlights include in-unit laundry and conveniently located side-by-side parking with additional storage. Playa Vista offers resort-style amenities, including: two pools, tennis courts, fitness center with top of the line equipment, dog park, sidewalk-lined streets, lush green parks, outdoor concert center, summer shuttle, Whole Foods, shopping and great restaurants.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-5 • 1.0 mi
Grades K-6 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 67% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,154 | 1,460 | 33% |
| Lot Size | 53,039 | 42,603 | 57% |
| Price | $1.02M | $1.17M | 37% |
| Price per sq ft | $888 | $842 | 61% |
| Built year | 2004 | 2005 | 50% |
| HOA | $620.0 | $684 | 33% |
| Days on market | 27 | 170 | 4% |
Mar 26, 2026
$1,025,000
Initial Listing
Sep 23, 2015
$770,000
Public Record
Feb 9, 2005
$572,727
Public Record
Nov 10, 2004
$480,500
Public Record