Santa Fe Springs is one of Los Angeles County’s Gateway Cities, a bustling industrial and urban professional hub bordering Orange County. Like many cities across SoCal with business and job opportunities Santa Fe Springs is facing a housing shortage. In a recent LA Times article dated 12/26/16 this particular “entry-level” housing need was thoroughly analyzed and addressed. Santa Fe Springs is a perfect example of a typical Southern California infill submarket, which is now introducing new communities to limit long commutes and level its daytime workforce population with home ownership.
“We are excited to offer homebuyers the opportunity to own a luxurious new townhome with high end finishes and full amenities,” said Shane Astani of Astani Enterprises. “Il Borgo’s price point in the $500,000 range provides a rare homeownership opportunity for those traditionally priced out of the expensive Los Angeles and Orange County markets.” Il Borgo, a gated urban lifestyle community of 50 new townhomes, looks to fulfill the demand of these urban professionals, first time homebuyers, and young families who want to continue living in the city and owning their own home. With convenient access to the 5, 605, 91, and 105 Freeways, Il Borgo is in close proximity to employment centers, Downtown LA, and Orange County.
Il Borgo offers six spacious floorplans ranging in size from 1,547 to 2,149 square feet with three to four bedrooms. The two and three story townhomes feature gourmet kitchens with stainless steel appliances, private balconies, and two car garages. Amenities include a private pool, spa, and community clubhouse. With the median home price in Los Angeles County rising to $551,600 in 2016, Il Borgo offers home buyers the perfect urban community in luxury, green space, and amenities at an attractive price point and tremendous value.
Astani has worked with different municipalities throughout Southern California in his 30 years of real estate experience. Il Borgo was a collaboration between city planners, government officials, and community members to take existing underutilized and obsolete industrial park and redevelop into a residential community. “We try to stay ahead of the immediate market trends, focusing on long term planning of projects that fulfill the growing community needs.” Astani develops apartments, mixed use, and similar communities across Southern California.