Wednesday, October 26, 2016

New homes in the $600,000s underway in Eagle Rock

PRISM homes were designed by KTGY Architecture

PRISM homes were designed by KTGY Architecture

EAGLE ROCK — A batch of 15 new townhomes is now under construction on the western edge of Eagle Rock, with the two- and three-bedroom homes expected to be priced in the $600,000 range.

The development, called PRISM, in the 4300 block of Toland Way is one of several projects that are  planned or have been built in the area under the city’s small-lot subdivision ordinance, which allows for more intense, single-family home development than typically allowed, primarily by reducing the spaces between each home and the boundaries of the lot.

The first model homes at PRISM are expected to be completed in September, according to developer Planet Home Living.  The three-story homes will range in size from about 1,600 to 1,700-square-feet, with layouts calling for small, private yards and attached garages.

PRISM is being constructed near another  small-lot development on Eagle Rock Boulevard.  That project, which calls for 45 homes, ranks as one of the largest residential projects in the area.

4359 toland way map

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  1. Echo Park Gringo.

    Because there are so many people that can put $120,000 down and pay a mortgage of $3,000 a month for the next 30 years. This city is going to turn into New York. A city where homes are only for the transient rich and their off spring. Habited only a few months of the year and then left empty.

    • You mean a city for professionals?

    • $3,000 isn’t that much of a mortgage payment. What world do you live in? We should be happy to pay that amount. I’ve lived in other cities, and that opportunity is rarely there. Los Angeles is only going to get more expensive. This is only the beginning.

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