
Playa Vista, California 90094
This Spacious Top-Floor Condominium is a Prime Investment Opportunity listed at $1,275,000—positioned well below the $1,325,000 Fair Market Value by 3%. This valuation gap secures $50,000 in Instant Equity for the buyer. Boasting a Good Condition Rating, the 1,860 sq ft residence features a granite kitchen, city light views, and a rare personal EV charger. Located steps from Concert Park and within the 9/10 rated Cowan Avenue Elementary boundary, it perfectly balances lifestyle with financial upside. This is an ideal acquisition for Silicon Beach Professionals or Owner-Occupants seeking a turnkey sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12975 Agustin Place 333 Subject | $1,275,000* List Price | 3 | 3 | 1,860 | $712 | - |
A 5935 Playa Vista Drive 408 Sold | $1,290,000 | 3 | 3 | 1,669 | $773 | 0.3 mi |
B 5831 Seawalk 240 Sold | $1,120,000 | 2 | 3 | 1,886 | $594 | 0.2 mi |
C 5625 W Crescent Park 335 Sold | $1,310,000 | 2 | 3 | 1,675 | $782 | 0.4 mi |
D 12975 Agustin Place 336 Sold | $1,275,000 | 2 | 3 | 1,640 | $777 | 0.0 mi |
E 7100 Playa Vista Drive 406 Sold | $1,450,000 | 3 | 3 | 1,892 | $766 | 0.4 mi |
F 5935 Playa Vista Drive 303 Sold | $1,220,000 | 2 | 2 | 1,558 | $783 | 0.3 mi |
G 6020 Seabluff Drive 114 Active | $1,395,000 List Price | 3 | 3 | 1,750 | $797 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2004, this 20-year-old property falls perfectly into the 'Good' category. The kitchen and bathrooms appear to be well-maintained original finishes, featuring granite countertops, stainless steel appliances, and dual vanities. The home is move-in ready with modern amenities like a personal EV charger and updated flooring, showing no signs of deferred maintenance.
Elementary School: Cowan Avenue Elementary School (9/10).
Ideally situated in the heart of Playa Vista near Concert Park, this home offers walking access to shops and dining plus exclusive use of the Centerpointe Club and Resort Fitness Center.
This rare top-floor unit features nearly 1,900 square feet of open living space, soaring ceilings in the primary suite, and two private balconies with city light views.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The listing has undergone multiple price reductions since its initial debut, which may indicate a disconnect between the original asking price and current market expectations.
With a monthly association fee of over $680, the ongoing carrying costs are relatively high, which could impact the overall affordability for some buyers.
Bright top-floor home at Carabela in Playa Vista! Ideally located near Concert Park, local shops, restaurants, and some of Playa Vista's most popular neighborhood amenities. This inviting home offers 3 bedrooms, 2.5 bathrooms, two private balconies, and approximately 1,860 square feet of open living space. The expansive kitchen with bar seating, bright cabinetry, granite countertops, and stainless steel appliances opens to the dining area and spacious living room, creating a comfortable layout for both everyday living and entertaining. The living room features a cozy fireplace, while large windows and balcony access bring in natural light and city views. The first floor includes one bedroom and a powder room, offering flexibility for guests, a home office, or additional living space. Upstairs you'll find two additional bedrooms along with a separate laundry room. The primary suite features soaring ceilings and beautiful city views, along with an ensuite bathroom offering dual vanities, a soaking tub, and a separate shower. The second upstairs bedroom also includes its own ensuite bathroom and shares access to the upstairs balcony. Additional highlights include side-by-side parking with a personal EV charger and generous storage throughout. Just steps from Concert Park, vibrant shops, and local dining, and with access to the Centerpointe Club and Resort Fitness Center, this home places you at the center of Playa Vista's most sought-after lifestyle where convenience, community, and comfort come together beautifully.
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 | 3.0 | 2.0 | 54% |
| Square foot | 1,860 | 1,525 | 76% |
| Lot Size | 30,955 | 40,731.5 | 43% |
| Price | $1.27M | $1.20M | 57% |
| Price per sq ft | $685 | $833 | 9% |
| Built year | 2004 | 2005 | 50% |
| HOA | $682.09 | $691 | 50% |
| Days on market | 47 | 170 | 7% |
Apr 20, 2026
$1,275,000
$1,295,000
-2% Price Drop
Initial Listing
Mar 17, 2026
$1,295,000
$1,325,000
-2% Price Drop
Initial Listing
Mar 6, 2026
$1,325,000
Initial Listing
May 8, 2015
$730,000
Public Record
Dec 19, 2005
$811,500
Public Record