The project, located just east of San Pedro Street at 321-325 E. Florence Avenue, consists of a five-story edifice which will contain 31 apartments above 470 square feet of ground-floor commercial space and parking. All of the studio and one-bedroom units will be set aside for low-income households, according to permit filings with the Department of Building and Safety.
The Albert Group Architects is designing the project, which is depicted in conceptual renderings as a contemporary low-rise structure clad in metal panels.
Aster Construction Services is serving as general contractor.
Completion of the apartment complex is anticipated in this year, according to the SoLa Impact website.
SoLa Impact, which uses opportunity zone funds to invest in affordable housing, is developing a handful of additional projects in South Los Angeles neighborhoods. The company is also in the midst of construction on a similar project near the intersection of 64th Street and Avalon Boulevard.
The Florence Avenue site is located one block east of Towne Avenue, where Wellnest is also in the midst of construction on an affordable supportive housing project.
- Florence (Urbanize LA)
Looking for affordable housing? Visit lahousing.lacity.org/aahr