Los Angeles’ sub-$1 million housing market is ultra-competitive, particularly so amid the current climate of low mortgage rates and inventory levels. If you’re tired of losing bidding wars to pesky all-cash buyers, consider purchasing a new construction home from a reputable builder instead. Here we’ve rounded up four new construction townhouse and single-family home communities from across the city that are now selling for less than six figures.
1. Expo Walk
Developer: The Olson Company
Neighborhood: Leimert Park
Priced from: $725,635
Located steps away from the future Expo/Crenshaw Metro station, Expo Walk is a gated community of 78 contemporary townhouses in Leimert Park. These multi-level residences boast up to three bedrooms, three-and-a-half bathrooms and attached two-car garages.
The stylishly-appointed interiors are characterized by vinyl plank flooring, quartz kitchen countertops with coordinating backsplashes, Whirlpool appliances, minimalist white cabinetry, walk-in showers with frameless glass enclosures, plus automated and eco-friendly smart home features.
Developer: KB Home
Priced from: $860,990
Axis at Grace Park launched sales last month, introducing three-story single-family homes with up to four bedrooms to the South Bay market. Sports fans will rejoice at the development’s proximity to SoFi Stadium and The LA Forum, while jet setters will appreciate how easy it is to hop a flight from nearby LAX.
Spanning 2,000 to 2,300 square feet, these spacious homes offer gourmet kitchens, expansive great rooms, large master bedrooms with walk-in closets, and optional first-floor home offices for those who work remotely. The homes can be customized to suit buyer tastes and needs, and all residences are ENERGY STAR-certified thanks to quality construction practices and the materials used.
Developer: Watt Communities
Neighborhood: Elysian Valley
Priced from: $799,900
Hop on over to Frogtown to discover this modern collection of move-in ready, single-family homes. Catering two bedrooms plus flex space and up to three-and-a-half bathrooms, these energy-efficient residences come complete with a private patio or deck. There are currently three homes up for grabs with 1,608 to 1,677 square feet of living space.
Live within walking distance of the Los Angeles River Greenway Trail, LA River Kayak Safari and Lewis MacAdams Riverside Park, plus beloved neighborhood eateries like Spoke Bicycle Cafe and Wax Paper.
Priced from: low-$800,000s
Woodhaven is a collection of three- and four-bedroom townhouses located in amenity-rich Alhambra. A short drive finds you at Cal State LA, Atlantic Times Square shopping mall, Granada Park, or a retail center with a Target, Costco and Aldi supermarket.
Upgraded interior features come standard at Woodhaven, including GE Profile stainless steel appliances, soft-close cabinetry, sleek countertops, superior Wi-Fi connectivity, LED lighting and more. The community touts its own clubhouse with indoor and outdoor entertaining spaces, a sparkling swimming pool and a landscaped park.