KB Home Announces the Grand Opening of Edgemont in Compton

Investor Relations

KB Home Announces the Grand Opening of Edgemont in Compton

September 28, 2018 at 8:00 AM EDT

Homebuilder debuts gated new home community in a vibrant commuter-friendly Los Angeles-area location; priced from the low-$470,000s

LOS ANGELES--(BUSINESS WIRE)--Sep. 28, 2018-- KB Home (NYSE: KBH) today announced the grand opening of Edgemont, its latest gated community of single-family new homes in Compton. Edgemont offers homebuyers a unique opportunity to own a new home in a centrally located urban neighborhood, and is convenient to Interstates 105 and 710 and Highway 91, as well as the Metro Blue Line for easy commuting to downtown Los Angeles and Long Beach. Notable area employers include LAX, SpaceX® and California State University.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180928005071/en/

New KB homes now available in Compton, California. (Photo: Business Wire)

New KB homes now available in Compton, California. (Photo: Business Wire)

Residents of Edgemont will enjoy several planned amenities such as a two-story clubhouse with a kitchenette, pool table and gym, as well as an outdoor patio, basketball court and tot lot. Nearby Gateway Town Center and Crystal Casino feature several shopping, dining and entertainment options, and the local tamale specialist, Tamalería La Doña, is a short drive away. Sports fans will revel in the community’s proximity to the Coliseum, StubHub Center and the coming Inglewood Stadium. Golf enthusiasts can tee-off at nearby Compton Par 3 Golf Course.

KB Home will host a grand opening at Edgemont on Saturday, September 29 from 10:00 a.m. to 6:00 p.m., during which attendees may tour the two elegantly appointed model homes.

“We are happy to partner with KB Home as they bring attainable new homeownership opportunities to the City of Compton,” said Council Member Isaac Galvan for the City of Compton. “These new homes represent meaningful growth and redevelopment in an area where homebuyers want to live and call home.”

Representing the first significant residential construction project in Compton since 2008, Edgemont will be comprised of 62 two-story new homes in a gated enclave available in four distinct floor plans. Ranging in size from 1,500 to 1,800 square feet with three bedrooms and two-and-a-half baths, the KB homes at Edgemont feature desirable design characteristics such as beautiful master suites, spacious great rooms and dedicated laundry rooms. Pricing begins in the low-$470,000s.

“The KB homes at Edgemont represent a unique opportunity to purchase a new home in a vibrant, centrally located Los Angeles metro area neighborhood,” said Glen Longarini, president of KB Home’s Los Angeles/Ventura division. “We expect the community’s private amenities and proximity to Inglewood Stadium, the future home of the Los Angeles Rams and Chargers, will be especially attractive to home shoppers.”

The KB homes at Edgemont will be built to current ENERGY STAR® guidelines and include WaterSense® labeled faucets and fixtures, meaning they are designed to be more energy- and water-efficient than most typical new and resale homes available in the area. These energy- and water-saving features are estimated to save homebuyers over $900 a year in utility costs, depending on the floor plan.

As part of KB Home’s distinct homebuilding process, buyers may personalize many aspects of their new home to suit their budget and preferences. After selecting their lot and floor plan, KB homebuyers may work with expert design consultants who guide them through every aspect of the process at the KB Home Design Studio, a retail-like showroom where they may select from a plethora of design and décor choices, including countertops, cabinets, lighting, appliances and window coverings.

The Edgemont sales office is located at 1111 South Thorson Avenue in Compton. To reach the community from the 710 South, exit onto Rosecrans Avenue and turn right. Turn right onto South Thorson Avenue; the sales office will be on your left. The sales office is open every day from 10:00 a.m. to 6:00 p.m. For more information about Edgemont or KB Home’s other new home neighborhoods, visit www.kbhome.com or call 888-KB-HOMES.

About KB Home

KB Home (NYSE: KBH) is one of the largest homebuilders in the United States, with more than 600,000 homes delivered since our founding in 1957. We operate in 36 markets in eight states, primarily serving first-time and first move-up homebuyers, as well as active adults. We are differentiated in offering customers the ability to personalize what they value most in their home, from choosing their lot, floor plan, and exterior, to selecting design and décor choices in our KB Home Studios. In addition, our industry leadership in sustainability helps to lower the cost of homeownership for our buyers compared to a typical resale home. We take a broad approach to sustainability, encompassing energy efficiency, water conservation, healthier indoor environments, smart home capabilities and waste reduction. KB Home is the first national builder to have earned awards under all of the U.S. EPA’s homebuilder programs — ENERGY STAR®, WaterSense® and Indoor airPLUS®. We invite you to learn more about KB Home by visiting www.kbhome.com, calling 888-KB-HOMES, or connecting with us on Facebook.com/KBHome or Twitter.com/KBHome.

Source: KB Home

KB Home
Craig LeMessurier
925-580-1583
clemessurier@kbhome.com