The Optional Real Estate Program is designed to enable Carousel homeowners to receive Fair Market Value, if they choose to sell their homes.

The program is available for first-time sales by current owners who owned their residential property in the Carousel neighborhood on June 30, 2014, and who sell their residential property to an independent third-party buyer as a result of a bona fide arm’s length transaction.

Additionally, homeowners must use an approved real estate agent. A list of already-approved agents can be provided, or homeowners can submit their real estate agent of choice for review.

To enroll or for more information, please contact us via the Community Information Line at (310) 857-2335, email us at or visit us at 337 E. 244th Street, Monday through Friday from 8:00 a.m. to 4:00p.m.

Here’s an overview of how the program works:

OREP Process