A mixed-use development featuring apartments and street-level retail space could rise near the Crenshaw/LAX Line's Leimert Park Station, according to plans submitted yesterday to the City of Los Angeles.
The proposed development, slated for a nearly 20,000-square-foot site at the southwest corner of Crenshaw Boulevard and Stocker Street, calls for razing three small commercial buildings to make way for a five-story edifice featuring 69 residential units and parking for 52 vehicles.
Requested entitlements include density bonus incentives allowing for increased floor area and height, which would be granted in exchange for setting aside six apartments as very low-income affordable housing.
City records list the project applicant as an entity affiliated with Axiom Real Estate Investments of Beverly Hills.
Just south of the development site at 4252 Crenshaw Boulevard, a former auto repair shop that has made way for a modular apartment building containing 111 residential units.
North across Stocker Street, Capri Capital Partners has received approvals to redevelop portions of the Baldwin Hills/Crenshaw Plaza shopping mall with new housing, retail, office space, and a hotel.
Axiom has previously sought to construct a 74-unit apartment complex a short distance west at 3831 Stocker Street, but withdrew its requested entitlements in 2017.
- Leimert Park (Urbanize LA)