Many people who come to Playa Vista to purchase a home are confused about the HOA's. It is one of the many reasons it is important to use an Agent that is familiar with all of the different ins and out of buying in this unique Los Angeles neighborhood. In case you aren't using an agent familiar with Playa Vista let me help you out.
There are two HOA's in Playa Vista. One is a Master Association known as Playa Vista Parks and Landscape (PVPAL) which is managed and administered by Merit Property Management. The Master Association is currently $216 per unit (all properties pay the same amount whether you are in a 700 sq. ft. 1bd/1ba or a 3,500 sq. ft. home in Icon). The Master Association covers many community amenities including but not limited to:
-The CenterPonte Club. A 26,000 sq. ft. facility that has a lap pool, jacuzzi, 24 hr. gym, screening room, conference room, business center, reading room, and banquet rooms.
-Basic cable (includes one cable box (more can be rented for a small fee) Movie Channels and HD can also be added for a small extra fee to the Cable Company which is Time Warner)
-High-speed internet access thru Time Warner.
-Residential Alarm Monitoring (each Playa Vista home is equipped with a basic alarm system. A set up fee will be charged when you change service over and you will also need to purchase a permit thru the Los Angeles Police department for around $25. You can get a move in package from the Centerpointe Club with all of the needed information for making these arrangements)
-24 hr. Security Patrol that monitors the CenterPointe Club, Parks and Neighborhood Street. Individual Sub Association property is not patrolled by the Master Association Security Patrol.
-3/4 of a percent of your Master Assoc. HOA goes towards the conservancy of the Wetlands.
-Maintenance of the CenterPointe Club, community pools, community parks, sports fields, landscape, and streets.
-Property Management Fees and administrative expenses
-Reserve Account that pays for major upkeep or Capital items or repairs (major repairs like re-roofing the CenterPointe Club, Saftey Net at the Baseball fields, security upgrades, gym upgrades or replacement of equipment, pool upgrades and repairs etc.).
Each individual Building will have its own Homeowners Association. Each building is different and are represented by several different Property Management companies. The HOA's for individual buildings can range from $250 to $900. It all depends on the buildings, their ammenities (some have pools, gyms, jacuzzi's, fountains, multiple entrances and elevators, etc), and how conservative the building is about building Reserves.
Your Building HOA usually pays for:
-Reserve Account
-Water and Trash
-Building maintenance (elevators, alarm systems, security cameras, controlled entry systems, gates, garage, window washing, vent cleaning, systems upkeep, etc.)
-Common area landscaping
-Common area cleaning and maintenance
-Hazard Insurance (covers Building and Individual units does not include contents insurance or general upkeep and maintenance of systems like AC/Heat.)
A Blog that talks about Real Estate issues in Playa Vista, California (90094). Blog includes topics like Condo's for sale, Houses for Sale, Mello Roos, Community Enhancement Fee, Playa Vista Events, Playa Vista Sports, Playa Vista Shops and Restaurants, Playa Vista Parks, Playa Vista HOA's, and general information about Playa Vista.
Call Barbara A. McNeill to Talk about Your Playa Vista Real Estate!
Contact Information:
Barbara A. McNeill
Keller Williams, Beach Cities
1601 P.C.H. Ste. 265
Hermosa Beach, CA 90254
Phone: 310-908-4869
Fax: 310-376-4603
Email: BarbaraAMcNeill@aol.com
Barbara A. McNeill
Keller Williams, Beach Cities
1601 P.C.H. Ste. 265
Hermosa Beach, CA 90254
Phone: 310-908-4869
Fax: 310-376-4603
Email: BarbaraAMcNeill@aol.com
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