Demonstrating a Continued Demand for Luxury Condominiums, etco Homes Celebrates Momentous Milestone of 23 Townhomes and an Exclusive Single-Family Residence Sold in the “Last Frontier in LA”
VAN NUYS, Calif., March 4, 2021 — etco Homes, a privately held homebuilding company with a focus on boutique urban infill condominium development, officially announced the complete sellout of Monroe at Hazeltine, a residential community in Van Nuys comprised of 23 single-family townhomes and one exclusive single-family home, The Leadwell Residence. Monroe at Hazeltine notably achieved 65 percent sold prior to its grand opening in fall 2020, making it the fast-selling new construction in Van Nuys since launching sales. Delivering contemporary architecture with the San Fernando Valley’s traditional charm, the development features dramatic, open-concept tri-level floor plans showcasing contemporary style, all located within a prime Los Angeles location.
“Our sales success at Monroe at Hazeltine is a key indicator that homebuyers have recognized the value of these homes and the opportunity to put down roots in one of Los Angeles’ most attractive submarkets,” said Afshin Etebar, President of etco Homes. “While buyers continue to seek new homes in this competitive market, we are confident in the long-term demand and success of the Southern California residential market as we look ahead in 2021.”
The 23 tri-level homes range from three to four bedrooms, spanning approximately 1,961 – 2,600 square feet. Residences within the townhomes include three floor plans: The Harland, The Whitley and The Chandler. Homes feature frameless flat-panel European style cabinetry, LED recessed can lighting, USB charging outlets in the kitchen, quartz countertops and kitchen islands, Whirlpool stainless steel appliance packages, Ring Video doorbell at entry, Kwikset “Kevo” keyless entry at front door, and NEST Thermostats. Each home offers two-car garages and a private patio.
Homes were priced from the low $700,000s, representing a “last frontier” for affordably priced new construction homes in the greater Los Angeles area. Meanwhile, spanning 2,600 square feet and four bedrooms, The Leadwell Residence sold for $899,000 in just two weeks after its release. Situated at 7327 Hazeltine Ave in Van Nuys, Monroe at Hazeltine lies provides central access to the 405, 101, 134 and 170 freeways with easy access to Lake Balboa Park, Westfield Topanga and The Village shopping center, Universal Studios and Griffith Park and Observatory.
About etco Homes
etco Homes is a privately held, homebuilding company with a focus on boutique urban infill condominium development. With a proven track record spanning more than three decades, etco Homes prides itself on building communities that embrace the character of the neighborhood in sought-after locations from the Southern California coast to Pasadena, downtown Los Angeles to West Hollywood. Each etco Homes community features contemporary design, thoughtful floorplans and generous amenities and services. For more information, visit http://www.etcohomes.com.