Question 1

Is Magnolia open and do you have pricing? What is the sales process?

Accepted Answer

Model homes are now open and pricing starts from the $800,000s. Your Interest List join date secures your time and date stamp. Completing the pre-qualification process makes you eligible for future sales releases. Register your interest today!

Question 2

How many homes will be built at Magnolia?

Accepted Answer

There will be 263 two- and three- story townhomes at Magnolia. The neighborhood offers 7 floorplan designs in 1,276 to 1,944 sq. Ft. with 2-4 bedrooms.

Question 3

Is Magnolia gated? How many guest parking spaces will there be in the community?

Accepted Answer

Yes, Magnolia is a gated community. There are 69 guest parking spaces total, 7 of which are EV charging spaces.

Question 4

What are the HOA dues and taxes at Magnolia?

Accepted Answer

HOA dues are anticipated to be $350/mo., pending DRE approval, and the total tax rate is expected to be 1.25%

Question 5

What types of community amenities are included at Magnolia?

Accepted Answer

Residents will have access to unique community features including: approx. 2,900 sq. ft. clubhouse with outdoor fireplace and BBQs, tot lot, three green spaces, bike racks and dog waste stations.

Question 6

Does Magnolia offer Design Studio personalization and design upgrades?

Accepted Answer

Yes, the Brookfield Residential Design Studio on-site at Magnolia offers curated design personalization opportunities.

Question 7

What schools are expected to serve children at Magnolia?

Accepted Answer

Monrovia Unified School District (626) 471-2000 | Plymouth Elementary School (K-5) | Santa Fe Computer Science Magnet School (6-8) | Monrovia High School (9-12)

Question 8

What is your Realtor policy?

Accepted Answer

As the referring broker or agent, you are required to personally escort your clients on their FIRST visit to Magnolia and introduce them to the sales representative on duty.

Question 9

Do you sell to investors? What is the Owner Occupancy policy?

Accepted Answer

For maximum enjoyment of our homes and communities, we sell to customers who will be occupying their new homes and not purchasing an investment property. A one-year owner occupancy agreement is mandatory and included in our purchase documents. All those who enter into a purchase agreement must agree to abide by the terms and conditions in order to complete the purchase.

Question 10

Is there any affordable housing at Magnolia?

Accepted Answer

Yes, there are 14 affordable townhomes at Magnolia. The qualifications for household size and income, interest list registration and the purchase process will be handled through Habitat for Humanity and not our online or on-site sales teams. Please visit their landing page at developments.habitatla.org/magnolia for very preliminary information, and they will advise on timing and next steps once that information is available. Affordable Homes are not eligible for a Broker Referral.

Magnolia

Arcadia