GLASSELL PARK — The first homes in the NELA Union development are scheduled to go on sale next week, with prices expected to range from $475,0000 to the low $600,000 range. The 52-home development is one of the largest, single residential developments to have been built in Glassell Park in recent years.
The three-level homes with two-car garages are being built on the site of a failed, 100-unit condo project, which stopped in mid construction. Warmington Residential, which purchased the site for $7.8 million, cleared away the lot, and instead of condos, has built a smaller, 52-unit townhouse development.
While the site, wedged between Eagle Rock Boulevard and the 2 Freeway, might be too urban for some, Warmington is counting on new construction, modern design and competitive prices to attract buyers. The homes will range in size from approximately 1,200 square-foot units with two bedrooms and 2-1/2 baths to nearly 2,000 square-foot units with fourbedrooms and 3-1/2 baths. The development will include a community garden and a “pet-friendly” environment.”
A grand opening for the first batch of homes is scheduled for May 10 & May 11 from 10 AM to 5PM.
Glassell Park has emerged as a hot spot of new construction, with NELA-Union as ranking as the largest single new project now under way.