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.

Image courtesy of California Landmark Group

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Rendering vs. Reality: Eastview Apartments

Multifamily residential complex wrapping up work near DTLA.

Just west of the Harbor Freeway, Lion Real Estate Group is now wrapping up construction at a new apartment complex overlooking the Downtown skyline. Eastview, as the property at 327-411 Boylston Avenue is known, consists of a seven-story building featuring 121 one- and two-bedroom apartments above parking for 145 vehicles.  Plans call for 14 of the residential units to be set aside as affordable housing.