A pair of small 1940s apartment buildings in Toluca Lake could make way for new housing development, according to plans filed this week with the City of Los Angeles.

The property, located two blocks east of Lankershim Boulevard at 4603-4611 Denny Avenue, is currently approved with seven residential units - a portion of which were removed from the rental market in 2007, according to city records.

Project applicant Apik Minassian has proposed razing both structures to make way for the development of 11 single-family homes via the City's small lot subdivision ordinance.

Additional details regarding the proposed development are not stated in a case filing with the Planning Department.

The project site is located less than a quarter mile from the intersection of Lankershim Boulevard and Riverside Drive, where a mixed-use project featuring more than 200 apartments and ground-floor retail space is planned.