Nayssan Properties plans Westside resi complex
Los Angeles real estate firm Nayssan Properties wants to build a 100-unit apartment complex on a vacant site on the Westside, just west of Century City, city filings show.
The project, slated for 10400 Santa Monica Boulevard, would comprise a five- to six-story complex with approximately 96 units, including eight set aside for very low-income residents.
Nayssan Properties declined to comment on the filing.
The four-parcel lot spans more than half an acre and last traded hands for $6.3 million in 2003, property records show.
Nayssan, which operates on Santa Monica Boulevard just down the block, specializes in small- to mid-sized multifamily projects in West L.A. Its latest project to reach completion is the Fifteen26 condos on Armacost Avenue, according to its website. The developer is also working on the 56-foot Sawtelle Terraces residential complex in Sawtelle Japantown.