tomo logo

$1,380,000

Beds
3
Baths
2.0
sq ft
1,310

12920 Runway Rd Unit 252, Playa Vista, CA 90094

12920 Runway Rd Unit 252

Los Angeles, CA 90094

  • 2 days on market
Primera Terra is a beacon of luxury condominiums nestled in the heart of Playa Vista bordered by Marina Del Rey and Loyola Marymount University. Constructed in 2011, this LEED-certified property offers a blend of sophistication and loft-like living with all homes oriented around communal spaces that include fountains, gathering areas and community gardens. The complex is near public amenities, such as restaurants, dog parks, theaters and playgrounds, and includes private HOA resources associated with the Center Pointe Club such as a fitness center, business center, swimming pools and tennis courts. This second floor single-level unit offers three spacious bedrooms and two well-appointed bathrooms. It is conveniently located close to the elevator, providing easy access between the unit and the secured parking area. 10-foot ceilings and an open floor plan create an expansive living space. The entryway, great room, and dining area have elegant engineered wood flooring, which adds a touch of warmth to the modern design. The gourmet kitchen is anchored by a center island, stainless steel appliances, granite countertops, and ample cabinetry. Seamlessly connected to the great room and dining room, it's perfect for entertaining or enjoying a quiet meal at home. A covered corner terrace is adjacent to the kitchen/dining area. The primary bedroom, complete with an ensuite bathroom featuring dual vanities and a walk-in closet, is a private retreat at the opposite end of the unit from the other bedrooms. The two additional bedrooms and full bathroom provide plenty of space for family or guests. Practical amenities include in-unit laundry and a tank-less water heater, as well as two secure subterranean parking spots. Experience the allure of Primera Terra - a must-see property that truly feels like home.

Details

Property type

Condominium

Est. home value

$1,309,503

Property condition

Updated/Remodeled

Lot size

1.1723 acres

Price per sq ft

$1,054

Year built

2011

Monthly HOA fee

$855.36

Price History

06/27/2024
CLAW

CLAW #24408227

Listed
$1,380,000
+15%
08/20/2021
CLAW

CLAW #21768048

Sold
$1,200,000

Schools & Community

Neighborhood: 

Playa Vista

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$497,435
Asking price
$1,380,000
Closing costs (~8% of asking)
-$110,400
Est. remaining loan balance
-$772,165
Cash to seller
$497,435

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

August 2021

Original loan amount

$822,000

Est. remaining balance

$772,165

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

Bruce Bagheri and Fariba Firozeh

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/03/2024 at 10:15 AM

Listing updated: 07/02/2024 at 2:27 PM

Listed by: Peter Martocchio, Sotheby's International Realty Phone #: (626) 229-0909

MLS: CLAW #24408227

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