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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

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Mixed-Use Development Planned Near Laguna Niguel Metrolink Station

The project is part of the city's Gateway District.
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The Laguna Niguel Planning Commission has approved a mixed-use development near the city's Metrolink Station.  The joint venture between Blackwood Real Estate and Walbern, located near the intersection of Crown Valley Parkway and Forbes Road, will consist of 100 two- and three-bedroom apartments in a seven-story building.  Plans also call for 2,700 square feet of ground-floor retail space, as well as a pool courtyard, a fitness center, a private garden, and a sky deck.