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The American Dream Can Be Yours for $400k. In Watts.

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Want to buy a two-story, four bedroom, two-and-a-half bath house with a view of a local artistic and historic landmark for a price tag of around $400,000? They've got custom cabinetry, marble counter tops, walk-in closets, and two-car garages to boot. Sounds pretty sweet!

Do you mind that you're on land that was once a dump, and that you're three blocks from a housing project with bars on its windows? And that landmark? They're the Watts Towers.

There's a new kind of housing project being launched in Watts, but it's one that is "aimed at teachers, firefighters, nurses and other first-time middle-income buyers, some of whom might qualify for interest-free loans from the city that could shave $75,000 off of their cost" says the LA Times. It's called the Mozaic (is the switch of the traditional "s" for a "z" in the word a nod to the contemporary tendency of African American youth to make the same letter-swap in their vernacular?) and it "is believed to be the largest development of new homes in Watts in at least three decades." Developers think the name "conjures peaceful scenes of suburbia" and that this kind of upgraded mode of living will help change the face of Watts, which admittedly is experiencing more peacefulness these days.