A single-family home and a three-unit multifamily residential property in Silver Lake could be razed and redevelopment with a larger apartment building, according to an application filed this week with the Los Angeles Department of City Planning.

825-837 Hyperion AvenueGoogle Street View

Los Angeles-based Lazer Properties, owner of three parcels located at 825-837 N. Hyperion Avenue, is seeking approvals for the construction of a new six-story building featuring 50 studio, one-, and two-bedroom apartments above a 55-car parking garage.

Requested entitlements include Transit Oriented Communities incentives, allowing a larger building with less parking than typically allowed by zoning rules. In exchange, five of the new apartments are to be set aside for rent as extremely low-income affordable housing over a period of 55 years.

Kevin Tsai Architecture is designing the building, called the Hyperion Residences, which would include a central courtyard, a gym, and a recreation room. Images show a contemporary low-rise building clad in brick.

825-837 Hyperion AvenueGoogle Maps

Lazer Properties, the project applicant, previously developed 14 small lot homes a short walk south on Hyperion.