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News Updates

Published April 18, 2024

The News About PACE Financing

"Following six years of legal proceedings, a Los Angeles County judge preliminarily approved a $12 million settlement concerning the contentious PACE program. This resolution involves both the county and a private lender partner, aiming to address concerns regarding the program's rollout.

Originally designed to fund home energy efficiency projects, the PACE program encountered legal challenges due to alleged deceptive practices by private lenders. These lawsuits prompted legislative reforms in 2018, emphasizing the need for enhanced consumer safeguards.

Of the $12 million settlement, $2 million will cover legal fees, with the remaining $9.5 million distributed among affected homeowners. Priority will be given to those with high debt-to-income ratios, seniors, and non-English speakers.

While the settlement provides some relief, it may not fully alleviate homeowners' debts. Nevertheless, it signifies progress in addressing PACE program issues and highlights the importance of consumer awareness and protection in real estate transactions.”


4410 Bowman Blvd

Los Angeles, CA 90032

Welcome to the exquisite Bowman Estates in the heart of El Sereno, a brand-new community set to showcase six spacious residential homes. Among these, 4418 Bowman Blvd. emerges as a true gem, featuring six bedrooms and four bathrooms. This modern masterpiece was remodeled this year 2024, offering all the modern comforts you'd expect from a new home, high ceilings, modern doors, open floor plan, rooftop space for relaxing in the evenings, central AC, top-notch kitchen appliances granite countertops., and a convenient 2-car garage. In addition to the garage, ample parking space for an additional 3 cars ensures your convenience and peace of mind. With the option for an ADU conversion and plans for a second 1,200 sqft structure, the possibilities for expansion are endless. As you drive up your private driveway the home is set against the backdrop of the picturesque El Sereno hills, this property offers breathtaking panoramic views of the entire valley, truly a 360-degree vista that will captivate your imagination. Don't miss your chance to be part of this exceptional community, where homes of this caliber are in high demand. Make your move today, as these remarkable residences are sure to be snapped up quickly. Come visit us soon and experience the future of El Sereno living at Bowman Estates.

Property Features:

- SFR

- 6 Bedrooms & 4 Baths

- 2,229 Square Ft

Don’t miss this amazing opportunities.