Olson Company plans affordable housing complex in Willowbrook

The neighborhood is south of the Earvin “Magic” Johnson recreation center

Property in Willowbrook (Google Maps)
Property in Willowbrook (Google Maps)

The Olson Company is planning to build 30 affordable homes and 64 market-rate homes in a new complex dubbed “Magnolia Walk” in South Los Angeles, Curbed reported.

Homes will range in size from 1,400 square feet to just over 2,000 square feet. Prices will start at $80,000 for low-income residents, and range upwards of $400,000 for the market rate homes.

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Low-income residents will also receive down-payment aid from the county.

Magnolia Walk will take shape a few blocks south of the 104-acre recreational Earvin “Magic” Johnson Recreational Area.

The Olson Company provides transit-oriented housing, mixed-use complexes, artist lofts and neighborhood developments, with an emphasis on affordability. Other communities include Monarch Walk in Orange County, Tapestry Walk in Anaheim and Fig & Fifty Walk in Highland Park. [Curbed] – Natalie Hoberman