In a ceremony held earlier this month, local real estate investment firm Beach City Capital broke ground on a new multifamily residential development in Mar Vista.
The project, which will rise from a site located at 12763 Mitchell Avenue, was approved earlier this year for the construction of a new four-story, 27-unit market-rate apartment building. Plans also call for a parking garage to be located on the ground floor of the new development.
According to city records, the project site was previously developed with three smaller apartment buildings which featured a combined total of 25 residential units. All three buildings were vacated via the Ellis Act in 2019.
MUL-MAC is designing 12763 Mitchell, which is depicted in renderings as a contemporary low-rise structure.
According to a social media post by Beach City Capital, Common has been tapped to operate the apartments, which are slated for completion in approximately 18 months.
The project sits in a section of the Mar Vista community which has recently seen a wave of new construction, with multiple infill projects taking shape on adjacent properties along Zanja Street. Likewise, a proposed six-story, 15-unit development was recently approved on the opposite side of Mitchell Avenue.
The property is also located just north of Washington Boulevard, where Culver City and Los Angeles officials are considering a proposed project which would bring 144 apartments and retail to a wedge-shaped property that was once home to a 99 Cents Only store. A smaller mixed-use project is also in the works one block to the east at 12701 Washington Place.
- Mar Vista (Urbanize LA)