Playa Vista Market Report: Market Activities off to a Great Start & Google, Apple and Amazon Spreading the Tech Jungle in Silicon Beach!

Talk about starting the New Year off with pizzazz! This past week alone, 7 new listings unveiled, making this weekend akin to Grand Central Station for open houses. Many of the new listings will be opened on BOTH Saturday, 1/27, and Sunday, 1/28, from 1 to 4pm, including my spectacular new listing at Coronado – 7100 Playa Vista Drive. Please stop by and say ‘hi’ if you’re out and about in the neighborhood. I promise this top floor home is sure to please your senses!

Here is a sneak preview:

FIRST OPEN HOUSE – Saturday, 1/27, and Sunday, 1/28, 1-4pm
Coronado #411 – 7100 Playa Vista Drive | 2 Bd + 2 Ba + Full Size Office + Balcony
Approx. 1,210 SF | Total HOA for PVPAL & Coronado is $649/month
Offered at $908,500

A new home for the new year! Come enjoy the best of California coastal living in your very own, top floor, single level condo in Silicon Beach! This east facing condo is ideally located with stunning views of the LMU bluffs and swaying palm trees. The versatile floor plan comes with a full-size den that’s perfect as a home office, or can be closed off and transformed into a guest room. The designer kitchen features solid counters, light mocha cabinets and an open breakfast bar. Warm, wood-like, porcelain tile floors cover the main living area that opens to a sunny balcony with extra storage overlooking a tree-lined street. The master suite with extra high ceilings includes dual vanities, luxe soaking tub & oversize walk-in closet. Best of all, this home is centrally located across the street from the pools & gym at The CenterPointe Club and is a short walk to sports courts, playgrounds & the elementary school. Come and fall in love. We’re sure you’ll agree – THIS ONE REALLY HAS IT ALL!

The opening of Seabluff sales gallery last week was an eventful weekend! There was a constant stream of guests and at times, a line just to get into the sales gallery. The New Home Company released the following preliminary pricing information: 2 bedrooms + 2 bath homes with approx. 1,107 sq. ft. starting at $1,100,000; 3 bedrooms + 2 bath residences with approx. 1,335 sq. ft. starting at $1,200,000; and 2 bedrooms + loft + 3 bath townhouses with approx. 1,654 sq. ft. starting at $1,350,000. The anticipated first release will be as soon as mid to late February. For more details, stopped by the sales office located at the NE corner of the parking lot just south of the construction site.

Finally, Playa Vista formally announce that Google is moving employees into the 300,000 sq. ft. Spruce Goose hangar this fall. We’re excited to welcome our new neighbor and can’t wait to see how the tech giant transforms the historical structure into new Google office space. With recent news that Apple will be leasing 128,000 square feet of office in nearby Culver City’s fashionable art gallery district and Amazon’s announcement, at the end of last year, that it will be expanding its SoCal presence with an additional 280,000 square feet of space in downtown Culver City, the footprint of Silicon Beach just expanded a little farther to the east.

For more information about any of the new homes or other properties featured in this newsletter or this week’s open house schedule, please feel free to contact me. I am happy to offer you additional insights about the community, Playa Vista Elementary School and the dynamic marketplace.

Have a fantastic weekend!

Winnie Licht
Broker, Realtor ®
CalBRE #01272501
Palm Realty Boutique
Phone: 310-745-7468

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