Advertisement

A trio of small multifamily buildings on the border between East Hollywood and Koreatown have bitten the dust, and a new small lot subdivision is rising in their place.

The project, which comes from local developer Index Real Estate, is located at 733-743 N. Gramercy Place.  Plans call for  11 single family residences featuring over 26,000 square feet of livable space.

Los Angeles-based SO|DA Architects designed the project, which is portrayed in renderings as a series of contemporary three-story buildings.

According to RSE Capital, which provided a $10-million construction loan for the project at a 75 percent loan-to-cost ratio, completion is anticipated in the third quarter of 2018.

 

Rendering courtesy of Square One & SO|DA Architects
Rendering courtesy of Square One & SO|DA Architects
Rendering courtesy of Square One & SO|DA Architects
Rendering courtesy of Square One & SO|DA Architects
Rendering courtesy of Square One & SO|DA Architects
Rendering courtesy of Square One & SO|DA Architects

From the Web

Senior Affordable Housing Coming to Santa Monica

Three-story development planned on 14th Street.
bar

The Community Corporation of Santa Monica is pursuing the development of a new senior affordable housing complex just south of the 10 Freeway.

The proposed three-story edifice, slated for a 15,000-square-foot site at 1820 14th Street, would replace a series of smaller commercial buildings with 39 apartments reserved for low-income seniors.  Plans also call for a ground-floor community room, a laundry facility, a library, and one level of underground p