STOCK TITAN

KB Home Announces a Rare Opportunity to Own a New Townhome in a Prime Long Beach, California Location Close to Popular Beaches

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags

KB Home (NYSE: KBH) has announced the grand opening of Rhythm, a new townhome community in Long Beach, California. This rare opportunity offers spacious homes close to popular beaches and the Long Beach waterfront, priced from the low $700,000s. The three-story floor plans feature up to four bedrooms and three-and-a-half baths, with modern kitchens, great rooms, and bedroom suites with walk-in closets. Some units are designed for small business owners to operate from home.

Rhythm is located at the corner of Atlantic Avenue and 59th Street, near major highways and employment centers. The community offers electric vehicle charging stations and is within walking distance of local schools. KB Home emphasizes personalization, energy efficiency, and customer satisfaction, being ranked as the #1 customer-ranked national homebuilder based on homebuyer satisfaction surveys.

KB Home (NYSE: KBH) ha annunciato l'apertura ufficiale di Rhythm, una nuova comunità di case a schiera a Long Beach, California. Questa rara opportunità offre abitazioni spaziose vicino a famose spiagge e al lungomare di Long Beach, con prezzi a partire da oltre 700.000 dollari. Le planimetrie di tre piani comprendono fino a quattro camere da letto e tre bagni e mezzo, con cucine moderne, ampie zone giorno e suite per le camere da letto con armadi a muro. Alcuni appartamenti sono progettati per i piccoli imprenditori che desiderano lavorare da casa.

Rhythm si trova all'incrocio tra Atlantic Avenue e 59th Street, vicino a grandi arterie stradali e centri di impiego. La comunità offre stazioni di ricarica per veicoli elettrici ed è a pochi passi dalle scuole locali. KB Home pone l'accento sulla personalizzazione, l'efficienza energetica e la soddisfazione del cliente, essendo classificata come il costruttore di case nazionale con il punteggio più alto da parte dei clienti, in base ai sondaggi sulla soddisfazione degli acquirenti di case.

KB Home (NYSE: KBH) ha anunciado la gran apertura de Rhythm, una nueva comunidad de casas adosadas en Long Beach, California. Esta rara oportunidad ofrece hogares amplios cerca de playas populares y del paseo marítimo de Long Beach, con precios a partir de más de 700,000 dólares. Los planos de tres pisos cuentan con hasta cuatro habitaciones y tres baños y medio, con cocinas modernas, salas de estar amplias y suites de dormitorios con armarios vestidor. Algunas unidades están diseñadas para que pequeños empresarios trabajen desde casa.

Rhythm está ubicado en la esquina de Atlantic Avenue y 59th Street, cerca de autopistas importantes y centros de empleo. La comunidad ofrece estaciones de carga para vehículos eléctricos y está a poca distancia a pie de las escuelas locales. KB Home enfatiza la personalización, la eficiencia energética y la satisfacción del cliente, siendo clasificada como el constructor nacional de viviendas mejor calificado por los clientes, según encuestas de satisfacción de compradores de viviendas.

KB Home (NYSE: KBH)는 Rhythm의 그랜드 오프닝을 발표했습니다. 이는 롱 비치, 캘리포니아에 새로 생긴 타운홈 커뮤니티입니다. 이 드문 기회는 인기 있는 해변과 롱 비치 해안가 근처의 넓은 집을 제공하며, 가격은 70만 달러 초반부터 시작합니다. 3층으로 구성된 평면도는 최대 4개의 침실과 3개 반 욕실을 갖추고 있으며, 현대적인 주방, 넓은 거실, 워크인 옷장이 있는 침실 스위트가 포함되어 있습니다. 일부 유닛은 소규모 비즈니스 소유자를 위해 집에서 운영할 수 있도록 설계되었습니다.

Rhythm은 애틀랜틱 애비뉴와 59번가의 모퉁이에 위치하며, 주요 고속도로와 고용 센터 근처에 있습니다. 이 커뮤니티는 전기차 충전소를 제공하며, 지역 학교까지 도보 거리입니다. KB Home은 개인화, 에너지 효율성 및 고객 만족을 강조하며, 주택 구매자 만족도 조사 기준으로 고객이 선정한 1위 국가 주택 건설업체로 평가받고 있습니다.

KB Home (NYSE: KBH) a annoncé la grande ouverture de Rhythm, une nouvelle communauté de maisons de ville à Long Beach, Californie. Cette rare opportunité offre des maisons spacieuses à proximité de plages populaires et du front de mer de Long Beach, avec des prix à partir de plus de 700 000 dollars. Les plans de trois étages comportent jusqu'à quatre chambres et trois salles de bain et demie, avec des cuisines modernes, de grands salons, et des suites de chambres avec des placards walk-in. Certaines unités sont conçues pour les petits entrepreneurs souhaitant travailler depuis chez eux.

Rhythm est situé à l'angle de l'Atlantic Avenue et de la 59ème rue, près des autoroutes principales et des centres d'emploi. La communauté propose des stations de recharge pour véhicules électriques et se trouve à distance de marche des écoles locales. KB Home met l'accent sur la personnalisation, l'efficacité énergétique et la satisfaction client, étant classée comme le constructeur national de maisons le mieux classé par les clients sur la base des enquêtes de satisfaction des acheteurs de maisons.

KB Home (NYSE: KBH) hat die große Eröffnung von Rhythm angekündigt, einer neuen Reiheneigenheimgemeinschaft in Long Beach, Kalifornien. Diese seltene Gelegenheit bietet geräumige Häuser in der Nähe beliebter Strände und der Uferpromenade von Long Beach, mit Preisen ab unter 700.000 Dollar. Die dreistöckigen Grundrisse verfügen über bis zu vier Schlafzimmer und dreieinhalb Badezimmer, moderne Küchen, große Räume und Schlafzimmer-Suiten mit begehbaren Kleiderschränken. Einige Einheiten sind für kleine Geschäftsinhaber ausgelegt, um von zu Hause aus zu arbeiten.

Rhythm befindet sich an der Ecke von Atlantic Avenue und 59th Street, in der Nähe von Hauptstraßen und Arbeitszentren. Die Gemeinde bietet Ladestationen für Elektrofahrzeuge und ist fußläufig zu lokalen Schulen erreichbar. KB Home betont Personalisierung, Energieeffizienz und Kundenzufriedenheit und wird als der am besten bewertete nationale Hausbauer auf Grundlage von Umfragen zur Kundenzufriedenheit eingestuft.

Positive
  • Launch of new townhome community in prime Long Beach location
  • Homes priced from the low $700,000s, potentially attractive in the California market
  • Proximity to popular beaches, waterfront, and major employment centers
  • Inclusion of live/work units for small business owners
  • Electric vehicle charging stations provided
  • Ranked as #1 customer-ranked national homebuilder
Negative
  • None.

Insights

KB Home's launch of Rhythm in Long Beach represents a strategic move in California's competitive real estate market. The low $700,000s starting price is relatively attractive for new construction in this prime location, potentially drawing interest from first-time buyers and investors. The focus on energy efficiency and ENERGY STAR® certification aligns with growing consumer demand for sustainable homes, which could boost appeal. However, the $700,000+ price point may still be prohibitive for many buyers in a high-interest rate environment. The inclusion of live/work units caters to the growing trend of remote work, potentially widening the buyer pool. While this development is positive for KB Home, its impact on the company's overall financial performance is likely , given the relatively small scale of the project.

The Rhythm development showcases KB Home's ability to identify and capitalize on prime locations in tight urban markets. Long Beach's proximity to Los Angeles and its own thriving economy make it an attractive area for homebuyers. The townhome format is a smart choice, offering a balance between single-family homes and apartments, appealing to a broad demographic. The walkability factor and proximity to beaches add significant value. However, the success of this project will largely depend on the broader economic conditions, particularly interest rates and job market stability. While the customization options are a unique selling point, they may also impact construction timelines and costs. Overall, this project demonstrates KB Home's adaptability to market demands but may face challenges in a potentially softening housing market.

This announcement, while positive, is unlikely to significantly impact KB Home's stock in the short term. The company's focus on energy-efficient homes and customization aligns with consumer trends, potentially supporting long-term brand value. However, the financial impact of a single community launch is for a company of KB Home's size. Investors should monitor the sales velocity and profit margins of this project as indicators of KB Home's performance in premium markets. The $700,000+ price point may test demand elasticity in the current high-interest rate environment. While the live/work units and energy efficiency features are attractive, their impact on overall profitability remains to be seen. This launch reflects KB Home's ongoing strategy to diversify its portfolio and target higher-end markets, but it's not a game-changer for the company's financial outlook.

Rhythm offers new, spacious townhomes close to shopping, dining and the gorgeous Long Beach waterfront, priced from the low $700,000s.

LONG BEACH, Calif.--(BUSINESS WIRE)-- KB Home (NYSE: KBH) today announced the grand opening of Rhythm, a rare opportunity to own a new townhome in a highly desirable Long Beach, California location close to the beautiful Pacific Ocean. These new homes are designed for the way people live today, with popular interior features like modern kitchens overlooking great rooms, bedroom suites with walk-in closets, and ample storage space. The community’s three-story floor plans feature up to four bedrooms and three-and-a-half baths. Small business owners will appreciate the available live/work units that allow them to operate their business from home. Additionally, Rhythm will include electric vehicle charging stations, ample guest parking and is within walking distance of local schools.

KB Home announces the grand opening of Rhythm, a rare opportunity to own a new townhome in a highly desirable Long Beach, California location close to the beautiful Pacific Ocean. (Photo: Business Wire)

KB Home announces the grand opening of Rhythm, a rare opportunity to own a new townhome in a highly desirable Long Beach, California location close to the beautiful Pacific Ocean. (Photo: Business Wire)

What sets KB Home apart is the company’s focus on building strong, personal relationships with every customer, so they have a real partner in the homebuying process. Every KB home is uniquely built for each customer, so no two KB homes are the same. Their home comes to life in the KB Home Design Studio, a one-of-a-kind experience where customers get both expert advice and the opportunity to select from a wide range of design choices that fit their style and their budget. Reflecting the company's commitment to creating an exceptional homebuying experience, KB Home is the #1 customer-ranked national homebuilder based on homebuyer satisfaction surveys from a leading third-party review site.

“We are pleased to offer Southern California homebuyers a rare opportunity to own a spacious, new townhome in a prime Long Beach location, close to popular beaches and the beautiful Long Beach waterfront,” said Steve Ruffner, Regional General Manager of KB Home. “Rhythm is also situated near Long Beach’s thriving cultural scene, historic downtown and popular shopping, dining and entertainment. At KB Home, we’re here to help you achieve your dream with a personalized new home built uniquely for you and your life.”

Innovative design plays an essential role in every home KB builds. The company’s floor plans inspire contemporary living, with a focus on roomy, light-filled spaces. KB homes are engineered to be highly energy and water efficient and include features that support healthier indoor environments. They are also designed to be ENERGY STAR® certified — a standard that fewer than 10% of new homes nationwide meet — offering greater comfort, well-being and utility cost savings than new homes without certification.

Rhythm is situated in a commuter-friendly location that offers homebuyers an exceptional lifestyle. The new community is located at the corner of Atlantic Avenue and 59th Street, close to Highway 91, Interstate 405 and Interstate 710, providing access to the area’s major employment centers, including the Port of Los Angeles, Los Angeles International Airport and Long Beach Airport. Homeowners will appreciate the proximity to waterfront shopping, dining and entertainment at Long Beach Promenade and Shoreline Village, as well as being adjacent to a future café and restaurant. The new neighborhood is close to several public parks, including Houghton Park, which features open space, children’s playgrounds, a sports field, sports courts and skate park. Rhythm is also minutes away from outdoor recreation, including popular beaches, golf courses and Long Beach Marina.

The Rhythm sales office is open for walk-in visits and private in-person tours by appointment. Homebuyers also have the flexibility to arrange a live video tour with a sales counselor. Pricing begins from the low $700,000s.

For more information on KB Home, call 888-KB-HOMES or visit kbhome.com.

About KB Home

KB Home is one of the largest and most trusted homebuilders in the United States. We operate in 47 markets, have built over 680,000 quality homes in our more than 65-year history, and are honored to be the #1 customer-ranked national homebuilder based on third-party buyer surveys. What sets KB Home apart is building strong, personal relationships with every customer and creating an exceptional experience that offers our homebuyers the ability to personalize their home based on what they value at a price they can afford. As the industry leader in sustainability, KB Home has achieved one of the highest residential energy-efficiency ratings and delivered more ENERGY STAR® certified homes than any other builder, helping to lower the total cost of homeownership. For more information, visit kbhome.com.

Craig LeMessurier, KB Home

925-580-1583

clemessurier@kbhome.com

Source: KB Home

FAQ

What is the price range for KB Home's new Rhythm townhomes in Long Beach, CA (KBH)?

The Rhythm townhomes by KB Home (KBH) in Long Beach, California, are priced starting from the low $700,000s.

How many bedrooms and bathrooms do the Rhythm townhomes by KB Home (KBH) offer?

The Rhythm townhomes by KB Home (KBH) offer floor plans with up to four bedrooms and three-and-a-half baths.

Where is KB Home's Rhythm townhome community located in Long Beach (KBH)?

KB Home's (KBH) Rhythm townhome community is located at the corner of Atlantic Avenue and 59th Street in Long Beach, California.

What special features does KB Home's Rhythm community offer for small business owners (KBH)?

KB Home's (KBH) Rhythm community offers live/work units that allow small business owners to operate their business from home.

KB Home

NYSE:KBH

KBH Rankings

KBH Latest News

KBH Stock Data

4.82B
64.11M
12.41%
105.2%
7.75%
Residential Construction
Operative Builders
Link
United States of America
LOS ANGELES