Wiseman bringing multifamily project to East Hollywood

The developer owns 23 other apartment complexes around LA

Rendering from Uriu & Associates (LA Department of City Planning)
Rendering from Uriu & Associates (LA Department of City Planning)

Wiseman Residential filed plans to build a 74-unit apartment complex on a vacant lot at the corner of Western and Fountain avenues, Urbanize reported.

Seven units at the 11-story project at 1276 N. Western Avenue will be set aside for low-income residents, and the project will include a two-level underground parking lot. Renderings by Glendale-based Uriu & Associates portray the multifamily development with balconies and surrounded by trees.

Wiseman purchased the nearly 22,000 square-foot lot in May 2016 for $4 million, property records show.

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The company owns 23 apartment complexes around Los Angeles, including the neighboring multifamily property at 928 Western Avenue, according to the company’s website.

Their latest project in East Hollywood marks a recent development boom in the area, characterized by CIM Group’s plan for a large mixed-use project at 5601 Santa Monica Boulevard. [Urbanize] – Natalie Hoberman