Condo Project Opens Today in Monterey Hills

Chadwick Terrace by Cal Coast Development Group opens today with 87 one- and two-bedroom condominiums in Monterey Hills, about five miles northeast of downtown Los Angeles.

The units range from 675 to 1,580 square feet and are priced from $80,000 to $142,000. First move-ins are expected to begin in June and below-market (11/% for 30 years with 5% down) financing is available under a bond program issued by the Los Angeles Community Redevelopment Agency.

Monthly homeowners association dues, which pay for the swimming pool, spa, recreation center and common areas, range from $103.96 to $146.66.

Features include wood-burning fireplaces, vaulted ceilings, patios or balconies, air conditioning and kitchens with built-in General Electric appliances.

Four furnished models are open daily from noon to 5 p.m. at 4260 Via Arbolada, reached from the Via Marisol exit of the Pasadena Freeway.