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As home prices continually force buyers out of Los Angeles, Puerta del Sol arrives on the scene with affordable options for city living. Now more buyers can enjoy a new home in a close-to-it-all location.
"We're opening doors to people who are priced out of other places Downtown and buyers who thought the market had passed them by in the last couple of years," said Sid Paul, director of for-sale housing for local builder AMCAL. "Buyers can own a new home at Puerta del Sol instead of moving outside the city and either taking a new job or commuting long hours to Los Angeles."
Located where the 5 and 110 freeways meet, Puerta del Sol introduces contemporary living in historic Lincoln Heights. New condominiums are selling from the high $200,000s, inviting buyers from all walks of life to be a part of this exciting neighborhood revitalization.
With special finance and purchase assistance programs for qualified buyers, homeownership at Puerta del Sol is even more accessible. Police officers, firefighters, teachers and nurses can take advantage of an additional incentive. In honor of their important work and community dedication, Puerta del Sol will cover $1,000 worth of upgrades in their new homes. A 3% broker co-op is also available.
"We're giving buyers the choice to live close to Downtown - a highly attractive location for those who work in the area, especially given current fuel prices," Paul said.
The gated environment of Puerta del Sol includes a beautifully landscaped courtyard and assigned parking for residents. Condominiums in 11 floor plan designs offer 637 to 1,501 square feet. Ranging from studios to four bedrooms, the floor plan selection gives buyers a variety of options for contemporary living in a convenient location.
Downtown Los Angeles is just five minutes away, and Puerta del Sol is mere steps from the Metro Gold Line Station on Avenue 26. Residents can hop on the train and ride two stops to Union Station for connections to other trains and buses or to enjoy a night out at sophisticated restaurants, theaters and more.
"Puerta del Sol is close enough to Downtown where buyers have all the attributes of Downtown and can get there easily," said Paul. "However, our prices are significantly less than Downtown."
City living is ingeniously designed with high style and sleek amenities at Puerta del Sol. Buyers will enjoy kitchens full of modern appointments, including highly efficient General Electric appliances, Euro-style cabinetry and upscale granite countertops. For superb comfort, homes also include central heating and cooling.
Architectural highlights create unique living environments and range from vaulted ceilings to mezzanine levels or lofts. Additional features such as interior laundry rooms, dual bathroom sinks, pre-wiring for alarm systems and ceramic tile entryways add essential convenience for busy professionals and families.
Large windows put the spotlight on city views at Puerta del Sol, where some units feature rows of breathtaking two- or one-and-a-half-story windows. Buyers can also take in views of Downtown, the lights of Dodgers Stadium and more from their private patio or balconies, featured with most plans.
Lounging in the open air while surveying the bustling city beyond is one of the many luxuries of living at Puerta del Sol. Residents will also enjoy a community fitness center and will be conveniently close to the Vons market in Lincoln Heights.
Puerta del Sol is the first phase of AMCAL's Avenue 26 development. The project will also include new office space, senior apartments at Camino del Oro and family apartments at Tesoro del Valle and Flores del Valle.
Partnering with Phoenix Realty Group, local builder AMCAL is bringing "workforce" housing - housing that is affordable to middle-income households - to Los Angeles with Puerta del Sol. Phoenix Realty Group is a national real estate fund manager with expertise in urban housing and infill development. Puerta del Sol is one of its first workforce housing projects in Los Angeles funded by the Genesis Workforce Housing Fund.
AMCAL has been delivering the dream of a quality home to California families since 1978. Through urban revitalization and new home development, AMCAL offers a variety of stylish new home options. The builder has been recognized by the National Association of Housing and Redevelopment Officials and has garnered numerous Elan Awards.
Puerta del Sol is at 360 W. Avenue 26 in Los Angeles. The Sales Center is open daily from 10 a.m. to 5 p.m. For more details, call 323-26CONDO or visit Ave26.com.
page 30, 9/18/2006
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