A 42-unit project in Westlake and two smaller multifamily projects on the northeastern edge of the San Fernando Valley were the only mid-sized proposals filed by developers last week, according to records with the Los Angeles Department of City Planning.
The Westlake project joins a wave of plans filed the past few years in the fast-growing multifamily submarket.
The two redevelopments in Tujunga near the San Gabriel Mountains are blocks apart from each other and fit with the smaller neighborhood’s pattern of less-dense, more affordable subdivisions.
2812 W. Temple Street | Westlake | 42 units
Development firm Schon Tepler Group plans to build a new six-story, mixed-use building with 42 units on Temple Street, after demolishing the existing structures there, which were purchased for $2 million in May.
Due to the influx of residential projects and investments, Westlake is one of the hottest spots in Los Angeles, with increasing land values.
10247 N. Hillhaven Avenue | Tujunga | 14 units
Two family dwellings were purchased in March for $825,000 on Hillhaven Avenue. Under the newly proposed plan by developer Gavik Farhadian, the structures would be demolished to make way for a 14-unit apartment building – two units of which would be designated for very low-income families.
The developer is applying for a bonus incentive to allow an 11-foot height increase.
10220 N. Fernglen Avenue | Tujunga | 10 units
Just on the other side of Tujunga Canyon Boulevard, the site at 10220 N. Fernglen Avenue was purchased one year ago for $365,000. Developer Greg Eliasian plans to demolish a single-family home there and build a 10-unit building, with one unit designated for a very low-income family.
Eliasian is applying for a density bonus to increase the building height from 33 feet to 44 feet.