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Running Out of Jewels

To celebrate the highly anticipated premiere of the diamond heist thriller “Ocean’s 8,” starring Sandra Bullock, Cate Blanchett, Rihanna, Mindy Kaling, and Sarah Paulson, Hilton & Hyland would like to congratulate Kris Zacuto on selling 11 of 14 luxury residences in Jewel Playa Vista. Only three units remain, including 5914 South Firefly Place. Nestled in the heart of Playa Vista’s Silicon Beach, Jewel is a limited collection of masterfully-crafted three-story detached residences, each of which ranges from 4,200-4,500 square feet. The open-concept modern design of each home boasts spacious living areas, indoor and outdoor entertaining areas and the most luxuriously detailed finishes. 

Instead of bringing sand to Silicon Beach, Jewel offers the unrivaled luxury. In just one year, 11 of the 14 residences sold out. “The strong demand is a good indication of where this area is headed,” states Kris Zacuto.

The tech boom in and around Silicon Beach birthed an explosion in the residential market, leaving a myriad of new millionaires patiently waiting to snap up real estate in Los Angeles, and developers, architects, and designers rushing in to decipher and satisfy their needs.  When Silicon Valley emerged as the capital of technology, people from all over the world flocked to the Bay Area with hopes of breaking into the tech world, causing residential real estate prices in and around San Francisco to explode. Silicon Beach is now experiencing the same repercussions, resulting in steep increases in numerous communities and new developments meant to support the arrival of wealthy workers, especially with Snap Inc. making its grand entrance.

From titans like Google, Yahoo and YouTube Space LA to creative powerhouses like 72andSunny and USC’s Institute of Creative Technologies to the use of cryptocurrency in real estate still in its infant phase, the burgeoning Playa Vista neighborhood has quickly become the Westside address of choice.

For more on Jewel Playa Vista, please CLICK HERE.

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