Developer looks to add to East Hollywood’s growing multifamily stock
The 62-unit apartment building would be at least 4th complex in the works
A developer wants to add to the growing roster of mid-rise apartment complexes sprouting in East Hollywood.
Kenneth Sauder — on behalf of Wakeland Wilcox LLC — has filed plans for a four-story, 62-unit building at 4904-4920 W. Santa Monica Boulevard, county records show. The building would have a substantial affordable component.
The entity acquired the property, now a 4,850-square-foot office building and adjacent parking lot, for $6.4 million in September.
The applicant is requesting special zoning considerations under Los Angeles’ Transit Oriented Communities initiative, which encourages the construction of affordable housing near transit stations.
The $35.4 million development — to be called The Wilcox — is slated for $13.4 million in “No Place Like Home Funds” state grant funding, awarded through L.A. County, according to Urbanize.
Some of the other East Hollywood mid-level housing developments in the works:
- A 92-unit, seven-story apartment building at 1317 N. New Hampshire Ave. The apartment building would include 82,700 square feet and 11 affordable housing units.
- A 29-unit, six-story building with commercial space at 1200 N. Vermont Ave., near the Vermont/Western Metro station.
- A 177-unit, seven-story development at 4632 West Santa Monica Blvd., which had been home to the Union Swapmeet.