Playa Vista is comprised of two major communities, phase I and phase II. Playa Vista is the first new community in LA’s Westside in more than 50 years. It features residential, commercial, retail and office space only one mile from the Pacific Ocean.
Phase I consists of 3,246 residential housing lots ranging from luxury condominiums, townhouses, single family homes and apartment rentals. Condominium prices range roughly from $600K to $1.1M. Townhouses range from $900K to $1.4M. Single family homes from $1.6K to $ 2.1M. Phase I is a Mello Roos community, which has a special tax assessment to homeowners as a repayment for bonds used to fund the infrastructure within the community.
Phase II will be comprised of 2,800 residential lots ranging from luxury condominiums, single family homes, apartment rentals and senior living units. Condominium prices start in the $900K, Single family homes will start in the mid $1M. The senior living units will start in the mid $500K. Unlike phase I, phase II does not have a Mello Roos assessment.