In a high-priced city like Los Angeles, $1.5 million is considered a respectable home buying budget. In denser, urban neighborhoods, this price tag will often afford you a small lot single-family home. Over the Cahuenga Pass, your dollar will stretch further — potentially scoring you a backyard pool. Here we’ve rounded up five new construction single-family home developments around Los Angeles that are priced in the $1.5 million range.
Developer: BLDG Partners
Neighborhood: Hancock Park
Priced from: $1,578,000
Showcasing industrial minimal style, The Sevens is a limited collection of three- and four-bedroom homes with two-car garages and roof decks. These newly constructed residences are centrally located at the corner of Wilshire and Rimpau Boulevard, providing quick access to some of the city’s most iconic neighborhoods.
Described as “Los Angeles’ interpretation of the iconic brownstones that line New York’s upper west side,” the homes are characterized by Snaidero kitchens with Viking appliances, high coffered ceilings, oversized, dark-trimmed windows, UV-filtered skylights, wide plank oak flooring and pre-wiring for electric car charging.
Priced from: $1,570,000
Eden Terrace offers a calming oasis in the heart of Hollywood. Featuring three bedrooms and three bathrooms, these light-filled homes are appointed with white oak wide-plank flooring, custom Italian cabinetry, Bosch stainless steel appliance packages, built-in closet organizers and generous outdoor spaces (as per plan). The two-car, direct access garages come complete with epoxy floors, electric car charge ports and added storage.
Located off a quiet side street, this gated community is within walking distance of raved-about restaurants, art galleries, antique stores and gastropubs. Complete your weekly grocery run at the nearby Sprouts or Trader Joe’s, or indulge in a little retail therapy at the nearby La Brea and Melrose shopping districts.
Developer: RC Homes
Neighborhood: West Hollywood
Priced from: $1,499,000
Only two residences remain at Fairfax at Sunset, a gated community of eight newly-built single-family homes. Situated on the border of West Hollywood and Hollywood, these three-level homes include sprawling roof decks with concrete fire pits, media walls and ample space for outdoor furniture. Best of all, they provide stunning views of Griffith Observatory, Runyon Canyon, West Hollywood, the beaches and the Hollywood Hills.
Lot 3 touts three bedrooms, four bathrooms, and a bright and airy color palette. Sited along Fairfax Avenue, the home also contains a two-car garage, gated entry patio, and a first-floor guest bedroom with an ensuite bathroom. Lot 4 incorporates dark and moody tones throughout its three bedrooms and four bathrooms. A private rear yard delivers added space for outdoor enjoyment, while the owner’s suite is kitted out with a walk-in closet and spa-like ensuite bath.
Developer: DB Builders Inc.
Neighborhood: Echo Park
Priced from: $1,546,000
30 On Top is a new development of 30 single-family homes with unrivaled skyline views of DTLA. Divided into two collections, Aura and Aire, the residences cater private outdoor spaces, open floorplans, smart home technology and customizable finishes.
Aura’s 13 modern residences boast spacious rooftop decks with 360-degree views of Downtown Los Angeles, Dodger Stadium and the San Gabriel Mountains (as per plan). Currently under construction, Aire will comprise 17 solar-powered homes with fully-fenced private yards, contemporary interiors, and covered, open-air roof decks with accordion door systems (as per plan).
Developer: Toll Brothers
Priced from: $1,383,995
Located in the idyllic suburban neighborhood of Chatsworth, Canyon Oaks is a gated community of luxury single-family homes. Choose from single-story and two-story floorplans with up to 5,500 square feet of refined living space. First-floor primary bedroom suites offer accessibility and convenience, while seamless indoor/outdoor transitions allow for maximum enjoyment of Southern California’s near-perfect weather.
The homes at Canyon Oaks provide endless opportunities for customization. With some lots spanning half an acre, there’s plenty of room for a swimming pool and spa, a relaxing, open-air shower, or a fully-equipped outdoor kitchen.