Two affordable housing projects will add 120 units to transformed South Park

The developments include one from nonprofit builder EAH Housing

TRD LOS ANGELES /
Jan.January 17, 2020 03:26 PM
Welton Jordan of EAH Housing, and the block in South Park where the nonprofit development organization wants to build a 64-unit complex (Credit: Google Maps)
Welton Jordan of EAH Housing, and the block in South Park where the nonprofit development organization wants to build a 64-unit complex. (Credit: Google Maps)

Few other downtown Los Angeles neighborhoods have undergone as dramatic a transformation as South Park,
which has become known for Staples Center and L.A. Live, along with its luxury condos and live-work spaces.

But affordability issues persist, and now two projects will add 121 units of affordable housing to the area, property records show.

EAH Housing — a nonprofit builder — has proposed a 64-unit low-income complex at 4519 Main Street. The property was acquired in September for $3.3 million. The property has six detached duplexes, which will be demolished.

EAH Housing also has in its pipeline a 50-unit project and a 40-unit development.

Less than a mile south, a partnership that includes Main 50 Housing LP wants to build a 57-unit supportive housing project at 5511-5513 S. Main Street. The 63,000-square-foot building will be for extremely low-income tenants, according to the filing. The site, which includes an auto repair center that will be demolished, was purchased last year for $3 millions, according to property records.

Gardena-based Highridge Costa Housing Partners and Western Community Housing in Costa Mesa are partners in the project, along with Victoria Capital LLC. The developers also have applied for $10.6 million in Proposition HHH bond money.


Related Articles

arrow_forward_ios
From left: Community Preservation Partners President Anand Kannan and Jonathan Rose Companies founder: Jonathan F.P. Rose, with the Golden West Tower Apartments (Credit: Google Maps and iStock)

Affordable developer teams up to buy Torrance senior housing complex

Regulatory fees are culprit in housing building costs (Credit: iStock)

It costs $500K to build one affordable housing unit in LA

A rendering of the project (Credit: Ian Espinoza Associates vis Urbanize)

Westfield adds affordable units to $1.5B Promenade redevelopment

Developers Mark and Arman Gabay are suing the city for rejecting their 577-unit District Square project in South L.A. (Credit: Department of City Planning via LA Times)

Gabays sue LA after it rejects their 577-unit resi project

Dr. Jayasinghe and a rendering of the project (Credit: Metro via Curbed)

Metro rejects plastic surgeon’s 907-unit development in Westlake

LA city council members want to close “loophole” in rent control law

LA measure would make it tougher for landlords to force out tenants for renovations

LA Chamber of Commerce, under CEO Maria Salinas,  explores ballot measure doubling density of resi buildings. (Photo credit: iStock Photo, LA Chamber of Commerce.)

LA Chamber of Commerce explores doubling density of resi buildings

A late-inning Jerry Brown housing bill is meant to expedite construction of supportive housing units

Affordable housing developer proposes 73-unit complex in San Fernando Valley

arrow_forward_ios
Loading...