[NoHo Arts District, CA] – National home builder Homebound and Coe Real Estate Group are proud to announce the sales launch for Homebound’s first Southern California project – Lyon Lane NoHo, a 16-unit, small lot subdivision, single-family home community.
This new community is centrally located in North Hollywood, literally minutes away from both NoHo West and Hollywood Burbank Airport, making it an ideal spot for Downtown Los Angeles and West Hollywood professionals who need to remain close to the city’s center for their career but also aspire to finally own a home. It also doesn’t hurt that Lyon Lane NoHo is close to the vibrant NoHo Arts District – North Hollywood’s artistic heart and soul.
Recognizing an opportunity to help address the area’s homeownership demand, Homebound developers found a suitable parcel of land on Victory Boulevard, between Lankershim and Vineland, and set to work.
“We couldn’t be more excited about launching Lyon Lane in North Hollywood. This project has been an important step in our vision of bringing high-quality new construction to areas where there’s clearly not enough inventory. We think homeowners are going to love these units, as they provide all the modern amenities of a single-family home, but all the benefits of being in an urban locale with close proximity to a ton of exciting activity.” said Homebound representative Greg Glass.
Regarding the homes themselves, they’ve all been designed with meticulous attention to detail. Each 1800 square foot unit has 3 bedrooms and 3.5 baths, along with a private 2-car garage, personal outdoor space, and modern architecture touches throughout. Substance and style meet in every unit, waiting only for its owner’s attitude to make it home.
With housing affordability being a key barrier for many buyers right now, both Homebound and Lyon Lane’s preferred lending partner, Colten Mortgage, have worked together to provide a joint credit to assist buyers looking to purchase a Lyon Lane home.
As the project’s preferred lender, Brant Phillips said: “Buyers can take advantage of a $10,000 combined builder incentive and lender credit when they purchase their new Homebound homes at Lyon Lane NoHo, and close with Colten Mortgage, the preferred lender for the project. You can use this incentive to buy down the rate, cover closing costs, prepay HOA fees or any combination of the above that works best for your financial needs.”
As it has done with similar projects in NoHo, Coe Real Estate Group will provide financial support to a local charity from its sales commissions. “We’ve been grateful to see our belief of doing well while doing good for others create fantastic results for the NoHo community. We see no need in slowing down, so, for each Lyon Lane home that we sell, Coe Real Estate Group will donate a portion of its commissions to Hands 4 Hope LA, our charity partner in NoHo,” said listing realtor David Coe.
For anyone who already embraces the vibrant lifestyle options that Los Angeles has to offer, but wants to finally set down permanent roots, instead of just renting, Lyon Lane is made here for you. With prices starting in the high $900,000s, your opportunity to own is here now. Live life loud in Lyon Lane.
For more information about Lyon Lane NoHo and to schedule a viewing, visit www.lyonlane.com.
About Homebound:
Established in 2018, Homebound’s roots began in the most challenging construction environment around; responding and building exclusively for families impacted by natural disasters across the United States. The complexity of building and servicing clients in these conditions proved to be crucial in furthering the mission of making homebuilding accessible to everyone, everywhere. The proprietary technology and processes Homebound developed and implemented in those formative days are now being applied to their homes across the country, firmly establishing Homebound as one of this decade’s preeminent prop-tech companies. They have since been highlighted by CNBC, Bloomberg, and featured in Forbes’ “next billion dollar” company list, and are actively building in California, Colorado, Texas, Florida and The Bahamas.
About Colten Mortgage:
Starting with a group of just five people, Brant Phillips established Colten Mortgage in Denver, Colorado on March 10, 2017. Since then, his team has grown to a size of 100 members who proudly serve customers in more than 25 licensed states. Powered by quality customer service, Colten Mortgage has always focused on personalized relationships, dynamic communication, flexibility, and community. In doing so, Colten has helped its clients find their forever homes by tailoring the loan experience to everyone’s situation, no matter how unique. Making an impact from coast to coast, Colten’s rapid growth is a testament to making the loan experience quick, simple, and personalized.
About Coe Real Estate Group:
Founded by real estate veteran David Coe, we are licensed Realtors powered by Keller Williams that have collectively helped over 800 buyers move into their dream homes. Besides our resale home expertise, our specialty is the buying and selling process of newly constructed homes. If you are interested in a new construction home, we are uniquely qualified to help! In addition to our own projects, our team is plugged directly into the Los Angeles builder community and stays abreast on current and future new home communities. We will help you find a community that best fits your needs. After selecting your dream home, our agents can assist you through the escrow process, which can present many complications along the way.