The application for a multifamily complex located at 635 Los Angeles Avenue, in Moorpark, has been approved. The project will bring 63 new units to the popular stretch of the city. Ketter Group is behind the design, which has been given the name “Green Island Villas.”
A new affordable residential complex has wrapped up work at 4208 East Huntington Drive in El Sereno. The project proposal includes the development of a mixed-use building offering retail and residential spaces on a previously vacant site. East LA Community Corporation (EALCC) has secured its temporary certificate of occupancy for the Rosa de Castilla apartments, a new affordable and supportive housing development at 4208 East Huntington Drive. FSY Architects designed the apartments.
Site preparation has begin to construct townhomes at 15275 Normandie Avenue in Gardena, Los Angeles. The project proposal includes the development of townhomes on a site that was used to store RVs. Local real estate development G3 Urban is the project developer. Borstein Enterprises is financing the project
Recently, Governor Gavin Newson awarded $40 million in funds for affordable housing proposed at 4020 South Compton Avenue in Central Alameda, Los Angeles. More than $923 million has been awarded through the California Housing Accelerator, which offers bridge funding for shovel-ready developments that have been unable to secure financing due to a shortage of federal tax credits and bonds. And while more than 95 percent of that money was directed to jurisdictions outside of Los Angeles County, it wasn’t a complete shut-out.
Work is finishing up at 5245 Santa Monica Boulevard, in East Hollywood. The project, by Petros Tagylan of Taglyan Commercial, will bolster residential and commercial space in the area. The site connects with Virginia Avenue.