A strip mall and vacant apartment building in North Hollywood are set to make way for a larger multifamily residential development, according to plans submitted last week to the City of Los Angeles.
The proposed development, slated for an approximately 25,000-square-foot site at 11410-11420 W. Burbank Boulevard, would consist of an 84-unit apartment building featuring nine units set aside as extremely low-income affordable housing. Requested Transit Oriented Communities incentives include a reduction to required side-yard setbacks and an increase in allowable height at the property, which sits two blocks north of Metro's North Hollywood Station.
The existing building, constructed in the 1960s, features six residential units. City records show that the property was vacated via the Ellis Act in 2007.
Strategic Legacy Investment Group is listed as the project applicant. The company has built or rehabilitated several apartment complexes in the Hollywood area.
The company's North Hollywood development would abut the site of a similar multifamily residential building which was completed in 2017. The Aura NoHo apartments feature 124 apartments and a small ground-floor retail component.
Two blocks south at North Hollywood Station, Metro is working with Trammell Crow Company on a joint-development project which could bring more than 1,500 housing units and 600,000 square feet of office and retail space to parking lots surrounding the station.
- North Hollywood (Urbanize LA)