Multifamily residential complex unwrapped at 500 S. Oxford Ave. in Koreatown

Nearly five years since we last stopped by, the wrapping is off for a slow-moving multifamily residential complex just off of Western Avenue in Koreatown.

Located at 500 S. Oxford Avenue, the project consists of a seven-story building containing 89 residential units above a two-level, 201-car basement parking garage.

The contemporary mid-rise structure is to include an open-air atrium, a podium-top pool deck, and other common amenities on the first floor.

The project is being developed by the Irvine-based entity Fred & Jamison, LLC, which is an affiliate of a Korean real estate firm.  The Real Deal previously reported that the company is tied to Sireus Corp.

At the time of the project's groundbreaking, completion was expected in late 2020.

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• 500 S Oxford Avenue (Urbanize LA)