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Designed by the award-winning Studio E Architects (www.studioearchitects.com), residents enjoy a modern layout of homes placed around three quiet, beautifully-landscaped courtyards. Each condominium features an energy-efficient design and appliances to reduce utility costs. The entire property was also built with environmentally-friendly materials and practices.Olive Court's 32 units are comprised of 13 unique floor plans, giving an investor a desirable variety of choices for buyers when the units are sold off individually. Amenities include patios and balconies, enclosed garages, securitized entrance, three courtyards, washer/dryer hookups, dual-pane windows, and central heating. The units currently have concrete floors, as the developer's initial plan was to give purchasers a choice as to what flooring was installed in their condominium. Positioned in a dynamic and vibrant Long Beach location, benefiting from new developments and redevelopments by the city and various other firms, and offering future residents an exceptional quality of living, the Olive Court Condominiums are an excellent opportunity for home buyers.
The Olive Court project is a 58-unit ownership housing development offering a mix of town homes and flats, it is located on Long Beach Boulevard, one of the major north-south arterials in the City of Long Beach, used by buses serving Long Beach and Los Angeles. It is just one block north of a Metro Blue Line light rail station. By virtue of its location, Olive Court's residents have access by bus, bicycle and foot, in addition to the light rail, to downtown Long Beach's civic center and retail/commercial shopping area, the city's main library, two major hospitals, recreational opportunities and multiple social services, as well as to job centers in Los Angeles County.
The Olive Court project is a 58-unit ownership housing development offering a mix of town homes and flats, which are restricted to sales prices affordable to families earning under 120% of the area median. It consists of 8 one-bedroom, 30 two-bedroom, 18 three bedroom and 2 four-bedroom units. Unit sizes range from 800 to 1,500 sq. ft. The units feature energy-efficient design and appliances to reduce utility costs, and are built using "environmentally-friendly" materials and practices.
The city of Long Beach Housing Services Bureau has allocated funds to provide assistance to buyers of the individual condominiums at Olive Court. The assistant grant will be ranging from $30,000 to $112,000 depends on the size of condos and buyer's income level.
With this assistance program, qualified buyers will be able to purchase the brand new condo units in Olive Court with as little as 1% down payment, and monthly payment is just between $1,100 and $1,500.
The city of Long Beach Housing Services Bureau has allocated funds to provide assistance to buyers of the individual condominiums at Olive Court. These buyers must qualify for the assistance based upon their yearly income.