At the corner of 52nd Street and Crenshaw Boulevard in Hyde Park, South L.A.-based developer SoLa Impact has commenced work on yet another mixed-use apartment building.
The project site at 5300 S. Crenshaw Boulevard, once the site of a laundromat, was recently approved for the construction of a new five-story building featuring 82 one-, two-, and three-bedroom apartments above 1,800 square feet of ground-floor retail space. Plans also call for a 41-car garage, located at-grade and in a single subterranean level.
Located three blocks north of the K Line's Hyde Park Station at Slauson Avenue, the site was entitled using Transit Oriented Communities incentives to permit greater density and less open space than allowed by zoning rules. In exchange, nine apartments are proposed to be set aside as deed-restricted affordable housing at the extremely low-income level.
BFK Architecture + Planning is designing the apartment complex, which would be a contemporary podium-type structure featuring rooftop decks, a recreation room, and a garden. Ground-floor commercial uses would line Crenshaw, while the property's residential and automobile entrances would be placed along 52nd Street to the north.
The project is one of numerous new multifamily and mixed-use projects now in the works along Crenshaw Boulevard adjacent to the K Line, including a similar 78-unit apartment complex from Haroni Investments which is now rising directly across 52nd Street.
SoLa Impact, which is known for using opportunity zone funds to invest in new housing developments across South Los Angeles and other neighborhoods, is also planning a larger 195-unit apartment complex roughly a half-mile north near the K Line's Leimert Park Station.
- 5300 S Crenshaw Boulevard (Urbanize LA)