An affordable housing complex has topped out at 849 North La Brea Avenue in Hollywood, Los Angeles. The project proposal includes the development of an affordable housing complex, replacing an an automobile repair shop.
EAH Housing is the project developer. FSY Architects is responsible for designs.
849 N La Brea Avenue Construction Site via FSY Architects
Named Pointe on La Brea, the project will feature affordable apartments. Nine months after breaking ground, the affordable housing is now fully framed. The project will consist of a five-story building that will eventually feature 50 apartments above at-grade parking for five vehicles. The project will include 49 income-restricted units. At the time of the staff report, the apartments were expected to rent for $592 per month.
Renderings reveal a contemporary exterior. Plans call for a community room, a courtyard, and a rooftop deck, in addition to housing. The total estimated cost of the project, at $32.3 million, amounts to a per-unit price tag of $647,000.
The estimated market-aevialblity has not been announced yet.
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