Playa Vista Real Estate
Playa Vista, nicknamed “The Silicon Beach”, has become the Westside address of choice. It was notably the first community in the United States to be awarded the Environmental Protection Agency’s ENERGY STAR® prior to construction because of its trendsetting Sustainable Design Guidelines. Recognized statewide for its model construction-recycling program, Playa Vista has achieved better than a 90% recycling rate from its ongoing construction operations since construction began in 1998. Building materials such as insulation, gypsum board and cabinets utilize only nontoxic paints and finishes to improve air quality.
The Playa Vista neighborhood is less than two miles to the beach or the 405 freeway, and a short drive to Main Street in Santa Monica or downtown Culver City. For avid shoppers, foodies and culture lovers, Marina del Rey, Manhattan Beach, Abbot Kinney and Venice Beach are right at their doorstep. Great surfing is also just down the road, and Playa Vista is connected to some of the best bike paths in California. Finally, for frequent travelers, LAX is within a matter of minutes, so the world really is at your fingertips.
Playa Vista is a neighbourhood located in the western part of Los Angeles city. It is situated just north of LAX and developed on the same area that was headquarter of Hughes Aircraft Company for a very long time. Development on Playa Vista began in 2002 and it was soon transformed into a wonderful community that was a result of master planning. Today, Playa Vista is a much sought after address for not just those looking for a home but also for companies and businesses of all hues. In fact, this neighbourhood of Los Angeles is a hub of big companies in the fields of communication, technology, and entertainment today.
Playa Vista has a population of more than 6000 people belonging to different ethnicities. In fact, it is one neighbourhood in LA where Latinos (34%) outnumber whites (32%). Rest of the population is made up of Asians (21%), blacks (7%), and other races. Median household income in Playa Vista is $66800. Playa Vista has a high livability score of 73 which is much higher than that of California (63) and the national average (66).
As far as education is concerned, schools in Playa Vista are governed by Los Angeles Unified School District. There are several elementary and middle schools in the neighbourhood. In fact, there are 20 schools in Playa Vista to take care of quality education of your kids if you are worried about their education.
MANY OPPORTUNITIES FOR FUN AND RECREATION
As described above, this master planned community has everything meticulously planned for it’s residents. There are not just neighbourhood parks but also a sports field as well as hiking parks inside and in surrounding areas of Playa Vista. In addition to 29 parks, there is a club called CenterPoint to take care of fun and recreation of the residents. This club has 2 pools, a spa, and a fitness centre for fun and enjoyment of the members.
Playa Vista is a top choice of all those seeking a new home for themselves in Los Angeles. Property market has been hot for the last any years. Median home prices in Playa Vista today are close to a million US dollars, making it one of the costliest places to live in Los Angeles. Median rent here is $4750 and the price of property per square feet is around $635. If one takes a look at the trend of movement of property prices, he finds that they have been increasing at the rate of 10% per annum.