Retail Center for Phase II Moving Forward
The California Supreme Court recently declined to hear the legal challenge to the 111-acre Village at Playa Vista, paving the way for a central shopping area providing for wide ranging services such as grocery shopping, pharmacy, restaurants, and a movie theater that the area has lacked. This commercial element had been in the works for years …
Recent Trends in Buyer Demand in Playa Vista – A Plea to Developers of Phase II
In the last few months, I have noticed a few things about buyer demand trends in Playa Vista: – 2 bedroom units under $450,000 are scorching, even smaller ones. – 1 bedrooms are less in demand than previously, probably due to the large drop in prices for small 2 bedroom …
New Listing – Crescent Walk #349
I know you agents and “experienced” buyers are getting tired of drama caused by short sales. Well, here’s an equity sale and a mighty attractive one as well. This Controlled Price Unit in Crescent Walk is just the right mix of open space and coziness for a price under $300,000. The …
Playa Vista Elementary Set to Open in August 2012
Last night a preliminary parent meeting was held at LMU for parents of prospective Playa Vista Elementary School students. PV Elementary is set to open August 14, 2012 and will be the official elementary school zone of all residents of 90094. With the toddlers and infants who moved with their …
Concerto Lofts #238 Playa Vista
I think it’s fair to say there are a lot of non-available or undesirable properties on the market in Playa Vista now. If it’s not litigation making financing difficult or short sales with 23 offers that are still listed as “active,” it’s just unattractive or overpriced properties. Here’s one that is none of …
Playa Vista Phase II Will Be Beneficial to the Community
With the news that the development of Playa Vista Phase II has been approved AGAIN, it’s time to start thinking about how this will affect property values and your quality of life as a Playa Vista buyer or home-owner. Here are some things to consider. The addition of 2,600 new …
SB 800 – Consumer Protector or Cause for Concern
If you live in Playa Vista or have been in the market, you probably have heard of SB 800, which is the abbreviation for a California senate bill passed last decade, also known as the “fix it” law. It serves to establish a claims process for which “building defects” can …