A vacant lot near the Hollywood freeway could yield a mixed-use development, according to plans submitted yesterday to the City of Los Angeles. 

The project, which would rise at 5412 Santa Monica Boulevard, calls for the construction of a four-story apartment building featuring 45 residential units - with five set aside for extremely-low-income households.  The requested entitlements make use of the Transit Oriented Communities guidelines, with requests for a 10-foot height increase and a reduction in required side yards.

City records list the project applicant as an entity affiliated with Los Angeles-based developer Verono Homes.

The development site is located a short distance east of the Paseo Plaza development, CIM Group's new mixed-use complex which calls for building 375 apartments around a 1920s Sears department store.

Currently under construction on the opposite side of the Hollywood Freeway is a two-building development featuring 49 apartments and 45,000 square feet of ground-floor retail space.