New condo project on City Council agenda
Alhambra City Council meets on Monday night. Items on the agenda include approving a tentative Tract Map for an 18-unit condominium project that would go up near the intersections of Mission Avenue and Garfield Road at 768-798 South Stoneman Avenue. City Council will also proclaim July as "Parks Make Life Better" Month in Alhambra.
City Council meets every second and fourth Monday of the month. Read the complete agenda below. You can also download the document or make it larger using the controls on the bottom.
Why so many condos in Alhambra? In last week’s LA Weekly I read a story of so many condo owners in Downtown L.A. are underwater in their mortgage & according to the story this is a problem throughout the local counties. Are Alhambra residents living in condo also going underwater? Driving by condos in the area most do not look full, has anyone in the city council or staff done some research on this, otherwise I feel there will be many empty condos in the city, creating many problems.
I know somebody who just bought a condo on Main St. (City Ventures) a couple of months ago.
I diasgree with Richard. Many of us are looking for newer homes that the older housing stock doesn’t offer.