Eight months after breaking ground at a vacant site in Willowbrook, Olson Homes debuts its model unit for a new development of single-family homes in Willowbrook today.
The gated community, located on a 9.5-acre site at 13024 Salinas Avenue, including 64 priced at market rate and 30 that are deed-restricted to moderate-income and lower-income buyers for a period of 45 years. A sales website shows a mix of three- and four-bedroom floor plans between 1,382 and 2,004 square feet in size.
Prices for the affordable homes are set between $358,000 and $373,000, with the Los Angeles County Community Development Commission providing down payment assistance at a rate of $172,000 or $274,000. Olson is no longer accepting offers for the affordable housing, citing "overwhelming response," although the application process may be opened again in the future.
- Magnolia Walk Archive (Urbanize LA)