Last year, there was a big increase in new construction in terms of planning, permits and breaking ground. This year, new developments will be appearing on the real estate market. How will this affect the market? Only time will tell but if a buyer looking for a great deal and a perfect move-in ready home, this could be a buyers opportunity.
Here is a list of Los Angeles area new development homes on the market or coming soon.
Downtown Los Angeles:
Barker Block Warehouse No. 1
1 Bedrooms Lofts
Grand Opening: January 25-26th, 2014
Barker Block Warehouse No. 1 is a unique residential community in the heart of the cultural and creative hub that is the Los Angeles Arts District. Blending preservation and innovation, this new residential enclave is a reinvention of the original Barker Brothers furniture factory and warehouse.
South El Monte:
3-4 Bedrooms Townhomes
Brand New Town Home living in South El Monte in the San Gabriel Valley. Featuring a gated community setting, community park with play area, barbecues, walking trail and gardens.
3 Bedrooms Townhomes/Single Family Homes
Located in the Los Angeles neighborhood of Van Nuys, this new community places you squarely in reach of shopping, dining, schools and recreation.
3-4 Bedrooms Single Family Homes
Ready to Move In
This gated collection of single-family homes is set within the historic seaport town of San Pedro, close to schools, shopping, culture, parks and freeways.
3-5 Bedrooms Single Family Homes
Located in the quiet Los Angeles neighborhood of Northridge, Mira Bella enjoys quaint tree-lined streets and close proximity to area amenities like California State University, Northridge. You’ll also enjoy easy access to surrounding shopping, dining, outdoor parks and recreation.
South Pasadena area:
Arroyo Ridge Estates
5-6 Bedrooms Single Family Home
Arroyo Ridge is a limited collection of 13 new executive style homes ranging up to 6 bedrooms, 3 to 4.5 bathrooms, up to approx. 3,395 sq ft of well designed floor plans that feature expansive family rooms, lofts, spacious bedrooms and kitchens perfect for the gourmet.
4 Bedrooms Single Family Homes
Open in 2014
PARK 9 will be a collection of nine 4 bedroom 3 to 3 1/2 bath executive homes ranging in size from approximately 2,478 to 2,550 square feet.
2-3 Bedrooms Single Family Home
Situated on the sloped tree-lined streets from multiple cafes, boutiques and pubs on Sunset Boulevard, this enclave of single-family homes offers the best of urban living in a residential setting. Views of Downtown Los Angeles exists throughout each home and are fully enjoyed on the rooftop deck. Three-story living with two and three bedrooms and dual-master floor plans make these homes perfect for busy, social loving professionals.
$ 900,000 +
2-3 Bedroom Single Family Homes
Phase 2 - NOW OPEN
Located on Fuller Avenue just a heartbeat away from iconic Sunset Boulevard, this sophisticated new home collection features tri-level residences with 2 and 3-bedrooms; stunning rooftop terraces and square footage ranging from 1,628 to 2,209.
Stoney Point Estates
5-6 Bedrooms Single Family Homes
Chatsworth is perfect for anyone seeking an estate sized home on a large lot with seamless indoor/outdoor living. Stoney Point Estates perfect for families and active adults seeking the convenience of suburban living in a semi-rural environment. 3,547 to 4,878 square feet of living space up to six bedroom and four and one half baths.
Note: The new developments feature in this blog are not our exclusive representative as the listing agent. If you are interested in any of these developments, Betancourt Real Estate Group would be proud to represent you as a buyers agent.
Home Prices could eventually stabilize sparking new demand