The Inside Scoop | Playa Vista For Buying or Selling a home in Playa Vista Call: (310) 745-1600 Mello-Roos The Playa Vista Mello-Roos tax is based on the square footage of your home. The tax is expected to last for 40 years. Playa Capital is expecting the tax to decrease by 20% next year then rise incremently over the years. A few current tax examples are: 1200 sq feet $3058.03/year, 1450 sq feet $3,322.82/yr, 1650 sq feet $3,674.33/yr. The Mello-Roos taxes are assessed to special tax districts, known as Mello-Roos Districts or Community Facilities Districts, for the purpose of financing public services and/or facilities including streets, police protection, fire protection, elementary schools, parks, libraries, museums, and cultural facilities. California State Senator Henry Mello and Assemblyman Mike Roos spearheaded the successful passage of the Mello-Roos Community Facilities District Act in 1982. The Act passed in response to Proposition 13 (enacted in 1978), which limited the ability of local governments and developers to finance new projects. Mello Roos District Property Owners Time Limit Property Sale |
Curious about Methane? Seventy-five years ago Los Angeles was the biggest producer of oil in the world. A by-product of drilling for oil is methane gas. 70% of Los Angeles has methane gas. There is less methane gas in Playa Vista than in other Los Angeles areas including tested Marina del Rey and Venice who do not have a methane gas detection system. Playa Vista's state-of-the-art methane gas detectors are studied all over the world and these systems consistently measure zero.
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