
The newly established neighborhood of Magnolia Walk is reasonably priced and comprised of only 94 homes located in Los Angeles, CA. Here you will find a quaint gated community with amenities that can’t be beaten as well as upgraded features and is easy accessibility to nearby shopping, dining, entertainment, and exceptional schools.
The two-story floor plans offered at Magnolia Walk are between 3-4 bedrooms with up to 3 bathrooms and span up to a vast 2,004 square feet of living space. The open concept living spaces offer plenty of natural lighting and incorporate a modern kitchen with an optional island and an upstairs loft that offers flexibility for a spare bedroom, playroom, or even a home office. The master suite in most floor plans provides a spacious walk-in closet, dual sinks, and upscale finishes that will give you a spa-like feel after a long day’s work. The secondary bathrooms include cultured marble countertops, contemporary white thermofoil cabinetry with concealed hinges and chrome knobs, and a chrome centerset faucet.
These single-family dwellings are also energy efficient and healthy offering several features that will assist in saving money as well as saving the planet. All of the homes at Magnolia Walk either meet or exceed California’s energy-saving Title 24 requirements and include a carbon monoxide detector and automatic fire sprinklers. Auto shut-off motion sensors in all bathrooms, air conditioning with a programmable digital thermostat, water-efficient faucets, and even an Energy Star dishwasher are all available in your new energy-efficient home.
You’ll appreciate the abundance of shopping available at establishments such as the Del Amo Fashion Center, South Bay Galleria, and the Southbay Pavilion. Create lasting memories with family as you explore the ample entertainment Los Angeles has to offer right in your own backyard such as The Natural History Museum of LA, Mulligan Family Fun Center, the LA Zoo, Dodger Stadium, and the Griffith Observatory.
The homebuilder Olson Homes was founded in 1988 to help cities solve the problem of a shortage of affordable housing within urban areas. They have been recognized as the leader in providing urban housing throughout California. This has allowed many families the ability to take advantage of living out the American dream of owning a home while being close to employments, local transportation, and an urban lifestyle. The commitment of Olson Homes is to “improve the local neighborhood experience by capturing the best that exists in each neighborhood socially and architecturally.”
Olson Homes has partnered with the Community Development Commission of Los Angeles County in order to offer an opportunity for low and moderate-income families the chance of owning a new home below market purchase price. Out of the 94 homes constructed at Magnolia Walk, 30 of those homes have been designated as affordable housing with prices ranging from around $358,000 to $373,000 compared to its normal rates within the mid $500,000's. 11 of them will be designated for low-income buyers and 19 will be solely for moderate home buyers. Down payment assistance will also available.
If you’re on the hunt for an affordable new home in Los Angeles, your search stops here. No matter where you are in your new home journey, you’ll find everything you need and so much more at Magnolia Walk by Olson Homes.