Apartment Building Fully Framed At 4055 Oakwood Avenue, East Hollywood, Los Angeles

4055 Oakwood Avenue4055 Oakwood Avenue via B. Raeen Construction Inc

A new residential building will soon be available on the market at 4055 Oakwood Avenue in East Hollywood, Los Angeles. The project proposal includes the development of a five-story residential building.

B. Raeen Construction Inc is responsible for the design concepts. Oakwood CA LLC is the property owner.

4055 Oakwood Avenue Aerial View

4055 Oakwood Avenue Aerial View via B. Raeen Construction Inc

The project broke ground last year. Vertical construction is complete for a new five-story multifamily residential development, offering 68 residential units. The units are built as a mix of studios, one-bedroom, and two-bedroom apartments. A car parking garage with a capacity of 85 vehicles is also designed on the site.

4055 Oakwood Avenue Rear Elevation

4055 Oakwood Avenue Rear Elevation via B. Raeen Construction Inc

Entitlements for the apartment complex include density bonus incentives permitting greater height and floor area than allowed by zoning rules. To obtain the incentives, 14 of the apartments are required to be set aside as deed-restricted affordable housing at the low- and very low-income levels.

4055 Oakwood Avenue Northwest View

4055 Oakwood Avenue Northwest View via B. Raeen Construction Inc

The development site was previously improved with a total of 20 apartments, which were vacated via the Ellis Act, according to city records.

4055 Oakwood Avenue Northeast View

4055 Oakwood Avenue Northeast View via B. Raeen Construction Inc

Renderings reveal a contemporary podium-type building clad with wood panels and stucco. The development has a U-shaped footprint, with two wings wrapping a central courtyard. Plans call for rooftop amenity decks Oakwood Avenue, while a community room is also planned for the building’s interior.

4055 Oakwood Avenue Night View

4055 Oakwood Avenue Night View via B. Raeen Construction Inc

4055 Oakwood Avenue Courtyard

4055 Oakwood Avenue Courtyard via B. Raeen Construction Inc

The project site is situated one block northwest of the Vermont/Beverly subway station.

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3 Comments on "Apartment Building Fully Framed At 4055 Oakwood Avenue, East Hollywood, Los Angeles"

  1. Lyudmila Ovsovich | July 19, 2022 at 10:00 am | Reply

    Hi. I think this building will be so nice and i am interesting to get unit. I am Low-Income senior citizen lady, 65 years old. Put me, please, on waiting list, if this is possible. God bless You. Thank You.

  2. Edith Gutierrez | September 4, 2022 at 1:38 pm | Reply

    My name is Edith Gutierrez I’m interested in a low income apt.

  3. I need an Apartment ASAP, please put me on the waiting list.

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