A locally-based real estate development firm has big plans for a property across the street from Sony Pictures Studios, according to an application submitted on October 6 to the Los Angeles Planning Department.
Mapleton Properties, headquartered in Beverly Hills, is seeking entitlements to build a two building, 207-unit apartment building at 10003-10015 W. Washington Boulevard. The nearly one-acre property is currently developed with a 1920s commercial building and a Wells Fargo bank which dates to the early 1980s.
Steinberg Hart is designing the project, which would divided into separate seven-story structures to allow for phased construction. Renderings of the finished product depict a contemporary low-rise structure, with two wings wrapping a central landscaped courtyard.
Architectural plans indicate that the project would include a mix of studio, one-, and two-bedroom dwellings - including 19 apartments set aside as deed-restricted extremely low-income affordable housing. While the development would not include commercial space, street-fronting live/work and townhome-style units would line Clarington Avenue, Dunn Drive, and Washington Boulevard.
City records show that Mapleton acquired the project site in two separate transactions occuring in 2014 and 2018. The company paid roughly $18.3 million in total for the land.
Mapleton is the latest company to plan new apartments on the Washington Boulevard corridor, which is located in the Palms neighborhood but abuts Culver City limits.
California Landmark Group has developed multiple projects in the near vicinity, including the neighboring 3838 apartments and a proposed mixed-use building which would replace a thrift store with 112 apartments.
An affiliate of Hong Kong-based Guo Rui Group is also seeking to redevelop a shuttered auto repair shop at Washington Boulevard and Motor Avenue with a housing and retail complex.
- Palms (Urbanize LA)