The Roya apartments, which replaced a surface parking lot at 760 S. Serrano Avenue, consists of a six-story building which will feature 157 studio, one-, and two-bedroom apartments and 12,000 square feet of ground-floor retail space upon completion. Plans also call for 96 parking spaces in a two-level subterranean garage beneath the building.
Jamison entitled the property for development using Transit Oriented Communities incentives, allowing a larger structure than zoning rules would otherwise permit. In exchange, 16 of the apartments will be reserved as affordable housing at the extremely low-income level.
AC Martin-designed building, which is clad in materials including stucco, glass, and metal. Architectural plans show amenities including a swimming pool, a courtyard, and a rooftop amenity deck.
Completion of the project was previously advertised as occurring in January 2023 on the Jamison Services website.
Jamison, the largest commercial landlord in Koreatown, has built a slew of new housing developments along 8th Street, including a new project now under construction two blocks away on Western Avenue.
760 Serrano also sits east across the street from the Rise Koreatown, a larger mixed-use development that will include 364 apartments above ground-floor Zion market.
- 744-762 S Serrano Avenue (Urbanize LA)