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$4,070,000

Beds
5
Baths
3.5
sq ft
3,639

12970 Discovery Crk, Playa Vista, CA 90094

12970 Discovery Crk

Los Angeles, CA 90094

  • 1 day on market
One of only 14 homes, this Encore residence is a rare find. As the newest single-family home built in Playa Vista, this luxurious and modern retreat boasts an open floor plan designed for seamless indoor/outdoor living. The dramatic living room features high ceilings, stunning wide-plank hardwood floors throughout, and expansive glass windows that flood the space with natural light. The living area flows effortlessly into the dining space and a gourmet chef's kitchen, equipped with top-of-the-line appliances, including a Sub-Zero refrigerator and wine fridge, as well as a Wolf six-burner range, oven, and microwave. The kitchen also offers a center island with bar seating, ample cabinet and counter space, a stunning backsplash, and an entire wall of glass pocket doors that open to the private side yard-perfect for indoor/outdoor entertaining. The side yard is a serene retreat, featuring pea gravel, lush mature landscaping, a tranquil fountain, a built-in BBQ, and a brick patio area ideal for gatherings. Upstairs, the second level includes the expansive primary suite, complete with a private balcony, a large walk-in closet, and a luxurious bath with an oversized soaking tub, a separate shower, and dual vanities. Two additional bedrooms complete this level. On the third floor, you'll find an oversized bonus room with walls of glass doors that fully open to reveal an impressive third-story deck. The deck includes a custom built-in kitchen and bar with an ice maker, kegerator, sink, dishwasher, and two refrigerated drawers. Two additional well-appointed bedrooms round out the upper level. Other highlights include high ceilings, abundant natural light, a private elevator, a spacious laundry room, custom window treatments, a Rinnai tankless water heater, a Falsken water filtration system, and a direct-access two-car garage with an additional parking space and a driveway. Ideally located, this home is just a stone's throw away to Playa Vista's state-of-the-art gyms and pools, the shops at Runway and so much more.

Details

Property type

Single Family Residence

Est. home value

$3,365,748

Lot size

3,692 sq ft

Price per sq ft

$1,119

Year built

2020

Monthly HOA fee

$350

Price History

01/23/2025
CLAW

CLAW #25487843

Listed
$4,070,000
+30.03%
07/30/2021
CRMLS

CRMLS #EV21125703

Sold
$3,130,000

Schools & Community

Neighborhood: 

Playa Vista

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

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

$1,435,809
Asking price
$4,070,000
Closing costs (~8% of asking)
-$325,600
Est. remaining loan balance
-$2,308,591
Cash to seller
$1,435,809

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

June 2021

Original loan amount

$2,504,000

Est. remaining balance

$2,308,591

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Nishant Machado

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?

Status: Active

Tomo last checked: 01/23/2025 at 10:50 PM

Listing updated: 01/23/2025 at 11:45 AM

Listed by: Meredith Schlosser, Berkshire Hathaway HomeServices California Properties Phone #: (310) 207-7080

MLS: CLAW #25487843

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