Newlyweds and young professionals wanting to live the American Dream of being a homeowner in these challenging economic times should look no further than Heritage Walk Paramount. The Olson Company is offering special incentives to first time buyers – only two affordable housing cost units are left in this cozy tree-lined neighborhood.
Heritage Walk is a new home community of 17 single family residences in Paramount that captures the city’s small-town feel and appeals to a variety of lifestyles and families seeking the right mix of extra space and privacy. Heritage Walk is conveniently located near four major freeways, the Los Angeles International Airport, the ports of Long Beach and Los Angeles and provides easy access to both downtown Los Angeles and Orange County. The community is ideally located just minutes from the area’s most exciting restaurants, nightlife, shopping, recreation, and entertainment.
The two “affordable housing cost” units currently available are priced at $234,990; compared to the market rate homes at $290,000 – $310,000. Located on a cul-de-sac, both of these Spanish architectural units are LEED certified and offer 3 bedrooms, 2.5 baths, 1,302 sq. ft.
Applicants must be first time home buyers, by virtue of not owning a residence within the last three years. Buyers can purchase with FHA financing with as low as 3.5% down. Income restrictions and deed restrictions apply. Buyers must qualify for the program through Bank of America and the City of Paramount.
The Olson Company’s numerous successful urban living developments across Southern California over the last 22 years reflect its commitment to the homebuyer as top priority. With its notable homeowner satisfaction, The Olson Company has garnered prestigious Eliant Awards in six categories, including a number one ranking for the “Design Selection” experience, and second for delivering an incredible experience during the Purchase, Construction, and Customer Service phases, and ranked second for “Overall Quality” and “Sales from Referrals.” Further information about Olson Homes, including the Heritage Walk Paramount and Citrus Walk Covina properties, can be obtained online at Olsonhomes.com.
You work hard all week long and sometimes those weekends seem so far away. That’s why on August 24th Mosaic Walk is hosting a Model Home Happy Hour from 5pm to 7pm thus bringing the weekend that much closer.
Did you ever have a date with a beautiful model at night? Now you can! We know that weekends are jam packed with endless chores and those annoying “to do” lists that keep us from having any time left over for fun. That’s why we are staying open late this summer and accommodating those of us who can take a break before heading home, slip into a nice glass of wine, and stroll Mosaic Walk’s beautiful model homes.
JOIN US: August 24th | TIME: 5p to 7p | MUST BE 21 or OVER | ID at Door
Bring this blog post for admission to our 48 HOUR RATE SALE this weekend only on select homes. We have negotiated a Rock Bottom 3.875% 30 Year Fixed* interest rate JUST FOR YOU!
Take advantage today on these beautiful Mosaic Walk homes:
* MLS: P791617
* HOMESITE: LOT 31 PLAN 3
* BEDS: 4
* BATHS: 4
* SQ FT: 1,791 approx.
* PRICE REDUCED! $399,990
* LOW MONTHLY PAYMENT OF: $2,724* INCLUDING TAXES, INSURANCE, AND HOA
* FEATURES: Dark Wood Panel Cabinets, Granite Kitchen Countertop, and Stainless Kitchen appliances – CALL US FOR MORE INFO!
JUST ADDED!!
* HOMESITE: LOT 90 PLAN 1A
* BEDS: 2
* BATHS: 2.5
* SQ FT: 1,347 approx.
* PRICE REDUCED! $339,990
* CALL FOR LOW MONTHLY PAYMENT!
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Good on any Mosaic Walk Home THIS WEEKEND ONLY!!
Use towards upgrades or closing costs
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Bring this blog post with you to secure any of these special offers!
*Special Interest Rate Offer available only on selected homesites listed above. Monthly payment based on a Conventional 30 year fixed loan at a 3.875% interest rate and APR of 4.217% after a 10% down payment. Payment includes HOA dues, estimated property tax and insurance. Rate and estimated payment are subject to change based on buyer credit worthiness and other factors.
**Monthly payment based on a conventional 30 year fixed FHA loan at a 3.625% interest rate and APR of 4.838% with after a 3.5% down payment. Payment includes HOA dues, estimated property tax and insurance. Not all buyers will qualify for FHA financing which may change the monthly payment and/or minimum down payment requirement from advertised estimates. Olson Homes reserves the right to make changes to prices, programs, features, floorplans, availability, scheduling and delivery of homes, terms and conditions without prior notice or obligation. All home square footage is approximate, and pricing is effective at date of publication deadline. Realtors must register their client prior to first visit to the community to be eligible for commission. 3% Broker Co-op. See broker registration form for terms and conditions. See Sales Counselor for details.
COVINA, CA. – July 28, 2011 – The Olson Company, the leading developer of in-town urban living, announces the debut of two communities within a 20 minute commute to downtown Los Angeles. Citrus Walk, located in the heart of downtown Covina and within walking distance to shops, restaurants, and MetroLink, and Rio Walk in Montebello just 8 miles from LA Civic Center. Both communities offer LEED Certified homes that are innovatively designed to fit active, urban lifestyles.
Citrus Walk is The Olson Company’s fifth new urban living residential development in the Covina area. The Citrus Walk community will offer 37 townhomes and 8,000 square feet of new retail space along downtown Covina’s Citrus Avenue, with 12 flats over the new retail storefronts. The townhomes, each with approximately 1,580 square feet and three stories, will have 2-3 bedrooms, 2 baths and 1-2 powder rooms, and 2-car garages. Metrolink’s Express service from the Covina station is a fast pass to downtown LA and just a short walk from Citrus Walk’s front door.
With prices starting in the high $290,000’s, Rio Walk is an exceptional value and highly desirable option for prospective homebuyers looking to live in the heart of Los Angeles County close to employment centers, retail, dining, transportation, recreation and entertainment.
Rio Walk is located in historic Montebello and just 8 miles from downtown Los Angeles and the newly opened L.A. Live Entertainment Complex adjacent at Staples Center. Montebello’s neighborhood community features rolling hills, bike baths and much more while providing quick access to the newly created downtown Los Angeles entertainment district, giving many young homebuyers the option of having the best of both worlds close at hand. Combine this great location, affordable pricing, and under 20 minute commute to LA; the choice for selecting a new home becomes clear to understand.
The homes, built to exceed LEED green living standards, feature energy efficient amenities including Energy Star appliances; water efficient and lead-free faucets; highly water efficient toilets; auto shut-off motion sensors in all baths, space saving tank-less water heaters, and built-in recycle bins, among many other features.
“The Citrus Walk community represents the culmination of years of work with the City of Covina to create a new brand of ‘walkable’ community within Covina’s downtown, offering the best of an in-town lifestyle,” said Steve Olson, Chairman/CEO of The Olson Company. “Located close to shops, restaurants, and MetroLink’s new San Bernardino Express line, Citrus Walk embraces and caters to active lifestyles.”
The Olson Company’s numerous successful urban living developments across Southern California over the last 22 years reflect its commitment to the homebuyer as top priority. With its notable homeowner satisfaction, The Olson Company has garnered prestigious Eliant Awards in six categories in 2010, including a number one ranking for the “Design Selection” experience, and second for delivering an incredible experience during the Purchase, Construction, and Customer Service phases, and ranked second for “Overall Quality” and “Sales from Referrals.” The Olson Company believes in “livability,” and implements a thoughtful and detail-oriented approach from concept through execution. As part of their unique approach to providing these communities, The Olson Company understands all that goes into buying a new home and provides tailored services to support the needs of homebuyers, such as financial education and continued support services.
The Citrus Walk sales center is located at 158 Clementine Court Covina, CA 91723. To learn more about Citrus Walk please visit CitrusWalk.com.
The Rio Walk sales center is located 945 S. Bluff Road Montebello, CA 90640. To learn more about Rio Walk please visit riowalkhomes.com.
LEED Certified Townhomes and Flats Now Open for Tours; Grand Opening Event June 25
COVINA, CA. – June 16, 2011 – The Olson Company, the leading developer of in-town urban living, announces the debut of two model homes in its newest residential community, Citrus Walk. Located in the heart of downtown Covina and within walking distance to shops, restaurants, and MetroLink, Citrus Walk will offer affordable, LEED Certified homes that are innovatively designed to fit active, urban lifestyles.
Olson Homes will host its “Rockin’ Grand Opening” event to offer potential residents the opportunity to tour the model homes and experience the Covina community on Saturday, June 25, from 11am to 3pm.
Up and coming local bands will entertain the crowd, including a featured performance by 7Lions, the popular fusion hip-hop, alternative rock, and electronica band. Taco Bell, as well as local eateries Red Devil Pizza, 3 Vino’s, Chad Max, Claro’s Italian Market, Sweet and Savory Café & Bakery, and Casa Moreno will all provide food for the crowd, and there will be exciting carnival games for guests to enjoy.
Citrus Walk is Olson Homes fifth new urban living residential development in the Covina area. The Citrus Walk community will offer 37 townhomes and 8,000 square feet of new retail space along downtown Covina’s Citrus Avenue, with 12 flats over the new retail storefronts. The townhomes, each with approximately 1,580 square feet and three stories, will have 2-3 bedrooms, 2 baths and 1-2 powder rooms, and 2-car garages.
The homes, built to exceed LEED green living standards, feature energy efficient amenities including Energy Star appliances; water efficient and lead-free faucets; highly water efficient toilets; auto shut-off motion sensors in all baths, space saving tank-less water heaters, and built-in recycle bins, among many other features.
“The Citrus Walk community represents the culmination of years of work with the City of Covina to create a new brand of ‘walkable’ community within Covina’s downtown, offering the best of an in-town lifestyle,” said Steve Olson, Chairman/CEO of The Olson Company. “Located close to shops, restaurants, and MetroLink’s new San Bernardino Express line, Citrus Walk embraces and caters to active lifestyles.”
The Olson Company’s numerous successful urban living developments across Southern California over the last 22 years reflect its commitment to the homebuyer as top priority. With its notable homeowner satisfaction, The Olson Company has garnered prestigious Eliant Awards in six categories in 2010, including a number one ranking for the “Design Selection” experience, and second for delivering an incredible experience during the Purchase, Construction, and Customer Service phases, and ranked second for “Overall Quality” and “Sales from Referrals.” The Olson Company believes in “livability,” and implements a thoughtful and detail-oriented approach from concept through execution. As part of their unique approach to providing these communities, The Olson Company understands all that goes into buying a new home and provides tailored services to support the needs of homebuyers, such as financial education and continued support services.
The Citrus Walk sales center is located at 137 E. Italia Street, Covina, CA 91723. To learn more about Citrus Walk please visit CitrusWalk.com.
About The Olson Company
Established in 1988, The Olson Company and the Olson Homes brand are nationally recognized for creating unique in-town neighborhoods in urban communities throughout California. Headquartered in Seal Beach, California, The Olson Company has successfully partnered with governmental agencies and private landowners to create innovative housing solutions designed to fulfill the lifestyle needs of today’s buyer. The company works diligently with community and neighborhood groups to build a high level of awareness and broad-range community consensus around its neighborhoods. The Olson Company was awarded the prestigious “Builder of the Year” award by Professional Builder Magazine and the National Association of Home Builders.
Contributed by: Christopher Callard, Paramount Journal
PARAMOUNT, CA. June 2, 2011—When the City of Paramount purchased and demolished a number of rundown and blighted properties across Orange Ave. from Zamboni School, it went looking for a partner to develop a quality neighborhood of single-family, detached homes on the cleared site.
It was very important to the City that the houses be constructed with the highest quality and best craftsmanship, but also be affordable enough to keep the dream of homeownership within reach of the community’s particular demographics.
Paramount found its ideal collaborator in Olson Homes, a local developer that has specialized in creating innovative and affordable in-town communities in established neighborhoods for over 20 years. The company – recipient of America’s “Builder of the Year” Award – is creating Heritage Walk, the first development of its size and scope in Paramount since the mid-1990s.
“Our company was founded specifically to assist cities in solving the critical shortage of affordable housing in urban areas,” said Scott Laurie, Olson Homes’ President and COO. “Working with the officials in Paramount has been extremely smooth and productive. Everybody has been on the same page from day one, wanting to improve the housing stock with a superior project. It’s very exciting, and Heritage Walk will be a jewel for that part of the city.”
The grand opening for the model home at was held May 14. Not only did hundreds of community members come out to take a tour and enjoy the festive Country Fair theme with food, games and other fun events, but four of the soon-to-be-built homes were sold on the spot.
“The City of Paramount has done a tremendous amount of work and planning over the years to highlight its finest qualities, qualities that are the
epitome of small-town America,” noted Vice President of Forward Planning Allison Kunz Olson. “Heritage Walk, with its 17 homes and tree-lined streets, echoes this feeling and will appeal to a variety of lifestyles and families seeking the right mix of extra space and privacy.”
The homes will be LEED Certified (Leadership in Energy and Environmental Design, an internationally-recognized “green” building certification system). With Spanish-styled architecture, they will offer 3 bedrooms, 2.5 baths, attached 2-car garages, private rear yards and 1,302 square feet of living space.
“Olson Homes’ uniquely designed communities have been a bright spot in the housing market over the last few years,” said Joe Perez, Community Development Director with the City. “The idea of helping cities revitalize themselves with creativity and thoughtful solutions, while making home ownership attainable for a wide number of people, has led to our projects being very successful. Heritage Walk in Paramount is a perfect realization of this goal.
“Everyone in the community is encouraged to visit the site,” Perez continued. “As we like to say, Heritage Walk is where life is ‘paramount.’
And everyone is welcome.”
Visit HeritageWalkParamount.com to see and learn more.
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