In a familiar story, a stretch of commercial buildings just east of the 110 Freeway in South Park is up for redevelopment, per an application submitted last month to the Los Angeles Department of City Planning using Executive Directive 1.
Eleos, a local real estate firm specializing in affordable housing, is seeking approvals for a new project on a more than 29,000-square-foot property located at 4800 S. Main Street. Plans call for the construction of a new seven-story edifice featuring 221 residential units, per a form submitted with the application.
According to the application, all of the apartments would be reserved for rent by moderate- and low-income households, outside of a lone manager's unit.
A rendering posted to the Eleos website depicts the project as a contemporary low-rise structure with the name "Elea."
4800 S. Main StreetGoogle Maps
The project is the second in recent months from Eleos in South Park, following a similar 187-unit development slated for a property at 5001 S. Broadway.
Eleos is planning nearly a dozen affordable housing projects across the City of Los Angeles, according to the firm's website. That total includes a 42-unit building now rising on Soto Street in Boyle Heights.
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Looking for affordable housing? Visit lahousing.lacity.org/aahr and housing.lacounty.gov
