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Developer CGI Strategies is nearing completion on the Kodo, a new multifamily residential complex in Koreatown.

The six-story edifice, located one block south of Wilshire Boulevard at 2867 Sunset Place, will feature 60 rental units above a two-level underground parking structure.  Plans also call for a rooftop deck and a fitness center.

Michael Ball Architects designed the podium-type building, which features an exterior of smooth plaster.

Per an official leasing site, the project includes studio, one- and two-bedroom floor plans between 550 and 845 square feet.  Rents will range between $2,500 and $4,200 per month.

Completion is expected before the end of 2017.

The property is located immediately south of the three-acre 2900 Wilshire site, where a 23-story mixed-use tower is planned by developers Hankey Capital and Jamison Services, Inc.

Image via CGI Strategies in Real Estate
Image via CGI Strategies in Real Estate
Image via CGI Strategies in Real Estate
Image via CGI Strategies in Real Estate
Image via Google Maps

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Five-Story, 37-Unit Development Rises on Santa Monica Boulevard

Multifamily residential development located on the outskirts of Westwood and Century City.
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A new multifamily residential development is now rising on the outskirts of Westwood and Century City.  The project, located at 10534 W. Santa Monica Boulevard, consists of a five-story building that will feature 37 apartments - including three very-low-income units - above three levels of basement parking for 45 vehicles.