
Playa Vista, California 90094
This Penthouse Condominium represents a Strong Value Opportunity, listed at $1,400,000—positioned slightly above the $1,372,273 Fair Market Value. While priced at market, the property offers a premium lifestyle with stunning bluff views, a spacious 1,860 sqft layout, and access to elite community amenities like The Resort. With a Condition Rating of 4, the home is well-maintained but offers potential for cosmetic modernization. Located near top-rated schools like Cowan Avenue Elementary, this is an ideal acquisition for Owner-Occupants or sophisticated professionals seeking a high-end Playa Vista residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12975 Agustin Place 312 Subject | $1,400,000* List Price | 3 | 3 | 1,860 | $738 | - |
A 5935 Playa Vista Drive 408 Sold | $1,290,000 | 3 | 3 | 1,669 | $773 | 0.3 mi |
B 13031 Villosa Place 122 Sold | $1,100,000 | 2 | 3 | 1,680 | $655 | 0.1 mi |
C 5625 W Crescent Park 335 Sold | $1,310,000 | 2 | 3 | 1,675 | $782 | 0.3 mi |
D 7100 Playa Vista Drive 421 Sold | $1,425,000 | 2 | 2 | 1,778 | $801 | 0.3 mi |
E 5831 Seawalk 240 Sold | $1,120,000 | 2 | 3 | 1,886 | $594 | 0.2 mi |
F 5935 Playa Vista Drive 303 Sold | $1,220,000 | 2 | 2 | 1,558 | $783 | 0.3 mi |
G 5625 Crescent Parkway 404 Active Under Contract | $1,185,500 List Price | 2 | 2 | 1,790 | $662 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2004, the property is 22 years old and appears to retain its original finishes. While the kitchen and baths are well-maintained and functional with stainless steel appliances, the dark wood cabinetry and granite are dated by modern standards, fitting the >20-year criteria for minor updates.
Elementary School: Cowan Avenue Elementary School (9/10).
This south-facing penthouse unit maximizes natural light and offers rare, unobstructed views of Concert Park and the bluffs, representing one of the most desirable locations within the Carabela complex.
With approximately 1,860 square feet, the open floor plan features a flexible den/office with a dual-sided fireplace and two large balconies, providing a sense of scale and indoor-outdoor flow typically found in single-family homes.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The monthly association fee of $682.09 represents a significant recurring expense that may impact the overall affordability and debt-to-income ratio for prospective buyers.
While the property is close to a well-regarded elementary school, the assigned middle school has a significantly lower rating, which may be a concern for families focused on long-term educational stability.
Filled with natural light and showcasing stunning Concert Park and bluff views, this south-facing penthouse offers one of Carabela's most desirable locations. With 3 bedrooms (or 2 bedrooms plus a den/office), 2.5 bathrooms, and approximately 1,860 square feet, the home features an open floor plan with spacious living areas and two large balconies that make it easy to enjoy the beautiful surroundings. The expansive kitchen includes a large center island, abundant cabinetry, stainless steel appliances, and opens seamlessly to the dining area and living room. A cozy dual-sided fireplace connects the living room and versatile den, which can serve as a third bedroom, office, or media room. Upstairs, both bedrooms feature ensuite bathrooms and access to the upper balcony, including the primary suite with soaring ceilings, beautiful southern views, dual vanities, a soaking tub, and separate shower. Ideally located in the heart of Playa Vista, Carabela is just moments from Concert Park, Runway's shops and restaurants, Whole Foods, Cinemark, parks, playgrounds, and more. Residents enjoy access to The Resort and CenterPointe Club, offering pools, fitness centers, spa facilities, and recreation spaces.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-5 • 1.0 mi
Grades K-6 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 62% |
| Baths | 3.0 | 2.0 | 51% |
| Square foot | 1,860 | 1,558 | 71% |
| Lot Size | 35,601 | 41,815 | 44% |
| Price | $1.40M | $1.20M | 60% |
| Price per sq ft | $753 | $864 | 22% |
| Built year | 2004 | 2005 | 42% |
| HOA | $682.09 | $700 | 47% |
| Days on market | 2 | 169 | 2% |
Jun 4, 2026
$1,400,000
Initial Listing
Jun 27, 2005
$861,000
Public Record