Buying In Playa Vista

Extra Costs To Be Aware Of

There are extra costs that a buyer should be aware of when buying in Playa Vista. First, there are two sets of monthly HOA fees. One set is the Playa Vista Parks & Landscaping (PVPAL) fee, which at the time of this writing is $230/mo. There is also a second community-specific HOA fee which varies depending on amenities offered by the community where you buy.

Second, Playa Vista Phase I owners also have a Mello Roos tax in addition to standard property taxes. Mello Roos bonds were issued to develop the infrastructure of Playa Vista (as in, streets, sewers, the elementary school, the library, etc.). The life of the bonds is 40 years from the first owner of a property. The annual amount payable depends on the square footage of your property. For Playa Vista Phase II, the developers prepaid the bonds and are adding that cost to the cost of the new home.

Third, there is also the Community Enhancement Fee paid every time a Playa Vista property is transferred. The fee is .75% of the sales price and the party who has to pay is a negotiable point, although in the recent environment where sellers are calling the shots, buyers are paying this fee.

For property taxes, figure that you'll pay 1.25% of your purchase price, give or take. This is a standard rule of thumb that is not specific to Playa Vista.

Are you wondering about the HOA for a particular community or do you have any other Playa Vista Questions? Drop them below and I'll get back to you directly with an answer.

Homes for Sale in Playa Vista CA 90094

$1,641,664
  • 1808 Sq Ft
  • 2
  • 3
$3,999,000
  • 4494 Sq Ft
  • 5
  • 7
$4,886,000
  • 4494 Sq Ft
  • 5
  • 7
$4,638,000
  • 4288 Sq Ft
  • 3
  • 5
$3,799,000
  • 4288 Sq Ft
  • 4
  • 6
$2,239,000
  • 2624 Sq Ft
  • 3
  • 4
$869,500
  • 1289 Sq Ft
  • 2
  • 2
$1,235,000
  • 1920 Sq Ft
  • 3
  • 3
$2,500,000
  • 3178 Sq Ft
  • 4
  • 5
$1,195,600
  • 1962 Sq Ft
  • 3
  • 3
$4,168,000
  • 4544 Sq Ft
  • 5
  • 7
$899,000
  • 1093 Sq Ft
  • 2
  • 2

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