The project, located at 1611-1615 Montana Street, will consist of a five-story building featuring 64 apartments atop an 11-car garage. Outside of a single manager's apartment, all of the units will come in studio and one-bedroom layouts.
Per a 2020 staff report to the California Tax Credit Allocation Committee, the roughly $35-million development is being built as a joint venture between Domus, Skid Row Housing Trust, and Affordable Housing CDC. The apartments are to be set aside for rent by households earning up to 30 percent of the area median income, with rents set between $591 and $633 per month.
KFA Architecture is designing the project, named the Ambrose Apartments, which is portrayed in a rendering as a contemporary low-rise structure clad in plaster and fiber cement panels. Besides housing, the building will include amenities such as community rooms, a central courtyard, and a rooftop deck.
Domus Development, an affiliate of Irvine-based real estate firm Newport Partners, is building multiple similar projects in Los Angeles, including new buildings now rising in Koreatown and Panorama City.
- 1615 Montana Street (Urbanize LA)