etco Homes Surpasses 50 Percent Sold Mark in Two of its Additional Residential Communities, Demonstrating Continued Demand for Luxury Condominiums in Los Angeles’ Most Desirable Neighborhoods


etco Homes, an independent and privately-owned homebuilding company, continues its emphasis on boutique, urban infill condominium development and announces its pending sales launch scheduled for October 1 at The Addison – one of three distinct properties in The Melrose Collection – located in the heart of the city’s Melrose Avenue district. The company has also recently announced a momentous 50 percent sold mark for two fellow Southern California communities, Monroe at Hazeltine in Van Nuys and The Terraces at the Ambassador Gardens in Pasadena.

“As we enter the fall season, we are thrilled to celebrate these two significant sales milestone at Monroe at Hazeltine and The Terraces at the Ambassador Gardens, where we look forward to ushering these communities to complete sellout very soon,” said Afshin Etebar, President of etco Homes. “As we gear up to soon launch sales at The Addison, presenting a rare opportunity to own a new construction home near West Hollywood’s coveted retail and entertainment district, we are hopeful in the longevity of the Southern California residential market as buyer demand continues to heat up.”

The Addison – Located at 724 N. Croft Avenue, The Addison represents the first of a trio of exclusive communities comprising The Melrose Collection and offers a total of 28 tastefully designed two- and three-level luxury townhomes. With anticipated pricing starting from the mid-$1MM range, the homes feature one to three bedrooms with up to three-and-a-half baths. Spanning up to 2,762 square feet, the Penthouse Residences includes expansive outdoor decks. All collections offer a concierge attendee and furnished lobby. Designed for the utmost level of wellness care, health and convenience, The Addison features a series of amenities tailored in response to the latest resident needs including Wellness Comfort Stations, an open-air design and atrium courtyard allowing for natural airflow, expansively wide hallways and spacious outdoor seating. To learn more or register for insider updates, visit

Monroe at Hazeltine – Delivering contemporary architecture with the San Fernando Valley’s traditional charm, Monroe comprises 23 single-family townhomes along with one exclusive single-family home, The Leadwell Residence, to be released later this month. The Leadwell Residence is a marquee home at the end of a private cul-de-sac and offers an expansive, open-concept floorplan of 2,600 sq. ft., 4 bedroom plus loft and 3 baths, and a 2-car garage. The Monroe development features dramatic, open-concept tri-level floor plans showcasing contemporary style, all located within a prime Los Angeles location. The 23 tri-level homes range from three to four bedrooms, spanning approximately 1,961 to 2,600 square feet. Homes are priced from the low $700,000s, representing a “last frontier” opportunity for buyers to achieve home ownership at an affordable price in a thriving metropolitan area of Los Angeles. Monroe at Hazeltine provides central access to the 405, 101, 134 and 170 freeways with close access to Lake Balboa Park, Westfield Topanga and The Village shopping center, Universal Studios, Griffith Park and Griffith Observatory. Prospective buyers can tour model homes in-person or reserve a virtual tour. To learn more, visit

The Terraces at the Ambassador Gardens – The Terraces boasts a collection of 60 contemporary flats and townhomes located in the historic Ambassador Gardens. Featuring interiors by Los Angeles-based designers Casa Stilo and Meredith Baer and priced from the mid $2 millions, residences range from approximately 3,040 to 4,430 square feet and offer three- and four-bedroom floorplans and up to three baths and two powder rooms. Residents enjoy a dedicated concierge and security features with each tri-level townhome featuring private elevators, butler’s pantries, personal four-car garages, rooftop terraces and more. The Terraces is located within walking distance to the fashionable and landmark Old-Town Pasadena area offering residents a unique variety of historical, cultural, shopping and food destinations. The sales gallery is now open by appointment for private showings or via virtual tour. To learn more, visit

Since the company’s founding in 1989, etco Homes has built and delivered nearly 2000 homes spanning luxury condominiums and apartments as well as single-family homes totaling with 600 more slated to deliver by end of 2021.

About etco Homes
etco Homes is a privately held, homebuilding company with a focus on boutique urban infill condominium development. With a proven track record spanning more than three decades, etco Homes prides itself on building communities that embrace the character of the neighborhood in sought-after locations from the Southern California coast to Pasadena, downtown Los Angeles to West Hollywood. Each etco Homes community features contemporary design, thoughtful floorplans and generous amenities and services. For more information, visit

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