A pair of small residential buildings in Koreatown could make way for new apartments, according to plans filed yesterday with the City of Los Angeles.
The quarter-acre project site, located at 968-974 S. Fedora Street, is slated for a six-story building which would feature 50 residential units above at-grade and basement parking levels.
The proposed development would require incentives through the Transit Oriented Communities Guidelines, which would be granted in exchange for setting aside some of the residential units as affordable housing. Requested entitlements include reductions in required parking and open space, and increases in allowable floor area and density.
Property records link the project site to an entity affiliated with Jamison Services, Inc.
A block north, local developer CGI is pursuing the construction of a pair of seven-story buildings fronting Fedora and Mariposa Avenue that would create a cumulative 173 residential units.
- Koreatown (Urbanize LA)