Developer plans 48-unit complex near the Grove

Los Angeles /
Mar.March 07, 2017 02:30 PM

Beverly Grove-based real estate firm South Park Group is planning a 48-unit apartment complex on its home turf, city documents show.

The project calls for a five-story mixed-use development at 8000 Beverly Boulevard, a one-third acre lot currently occupied by a low, ivy-covered office building.

Out of the 48 units, 44 would be market-rate and four would be reserved for very low-income households, according to project filings.

South Park could not be immediately reached for comment.

The company purchased the site for $7.9 million in 2014 under the entity Beverly Pacifica LLC, property records show.

The firm has developed a handful of office and apartment projects in West L.A., according to its website.


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