California Landmark Group (CLG), a Los Angeles-based real estate firm, has broken ground on a multifamily residential complex on the border between the Palms neighborhood and Culver City.
3838, named for its address at 3838 Dunn Drive, will consist of a seven-story building featuring 79 market rate apartments, seven affordable housing units and a partially underground parking garage. The low-rise development, designed by a team consisting of Rios Clementi Hale Studios and PK Architecture, will also include a fitness center, a community room and an approximately 2,000-square-foot rooftop deck.
According to the Los Angeles Business Journal, the $25-million project will benefit from its proximity to the stores, restaurants and amenities of Downtown Culver City, as well as a nearby light rail station at Palms and National Boulevards. It is the second residentail development to rise on this one-block stretch of Dunn Avenue in as many years, following a similar 131-unit building from NMS Properties.
Construction of 3838 is scheduled to occur over approximately 18 months, with completion anticipated in late 2017.