NuParc Residences has officially launched sales, debuting its first collection of contemporary residences at NuParc Valley Village. Seven distinct residences offer Small Lot Subdivision ownership, an innovative housing concept and forward-thinking approach to urban residential design in Los Angeles.
Under the Small Lot Subdivision ordinance, detached townhome-style residences offer privacy, with no shared walls and dedicated entrances. Unlike condominium ownership, residents own the home as well as the land it’s situated on and enjoy a lower fee structure to cover common area maintenance. The idea is to provide sustainable, community-oriented living within walking, biking and short driving distance of the city’s best dining, shopping and culture.
“NuParc Residences offers individuals and families the opportunity to own in some of L.A.’s most desirable neighborhoods without the maintenance of a large single-family home or the costly HOA dues typically associated with condominium ownership,” says Erin O’Connor, Director of Sales for The Agency Development Group, which represents sales and marketing for NuParc Residences. “A residential offering of this kind gives owners more financial freedom to actually enjoy the neighborhood they live in or to invest in experiences like the arts, entertainment and travel.”
NuParc Valley Village features masterful contemporary architecture envisioned to enhance and blend with the surrounding neighborhood. The seven, multi-story residences feature three and four-bedroom floor plans, open-concept interiors and oversized windows designed to maximize height, light and space. The second-floor main living area features an open great room, gourmet kitchen with counter seating, spacious dining and living areas, private terrace and a powder room. Among the home features are master suites with walk-in closets, curated modern finishes, energy-efficient technology and private two-car garages.
The Valley Village location places residents within moments of acclaimed schools, Valley Village Park, the farmers’ market, the NOHO Arts District, Westfield Fashion Square and an eclectic mix of restaurants, bars and cafés. Extremely commuter-friendly, NuParc Valley Village is located a quick ride away from Studio City, Universal City, North Hollywood and Burbank. Nearby is convenient access to the Metrolink Orange, Red and Transitway Line Stations as well as the 101, 134 and 405 freeways.
NuParc Valley Village is the first residential enclave from NuParc Residences, with more locations in Sherman Oaks and Mar Vista coming soon. For more information or to view the furnished, model residence at NuParc Valley Village, visit NuParcResidences.com or contact the sales team at 818.316.1113.