New documents posted by the Greater Wilshire Neighborhood Council detail plans from a local development firm to build new apartments in Koreatown.
The project, slated for two parcels at 857-863 S Gramercy Place, would replace single-family residence and a triplex. Both buildings, which date to the 1910s, would make way for a new five-story edifice containing 33 two- and three-bedroom apartments above partially subterranean parking for 32 vehicles.
An entitlement application filed in March with the City of Los Angeles in March 2020 requested Transit Oriented Communities incentives allowing for increase height, reduced setbacks, and a reduced parking requirement. In exchange, a total of four apartments would be deed-restricted as affordable housing at the extremely low-income level.
Khal Khaireddin Architects is designing the proposed apartment complex, which is depicted as a contemporary low-rise structure wrapping a central courtyard. Other open space amenities would include a common rear yard, a gym, and a library room.
The project applicant is listed as an entity affiliated with Generation Real Estate Partners, a Los Angeles-based development firm.
The development site is located three blocks west of Manhattan Place, where another early 20th century house is slated to make way for a similar apartment complex.
- Koreatown (Urbanize LA)