At its August 14 meeting, the Los Angeles City Planning Commission approved a proposal from Beverly Hills-based Lazer Properties to construction a mixed-use apartment complex on a vacant lot across the street from Barnsdall Park in Los Feliz.

The project site, a 28,000-square-foot lot located at 4675-4773 Hollywood Boulevard, is now approved for the construction of a six-story building featuring 86 studio, one-, and two-bedroom apartments above roughly 2,600 square feet of ground-floor retail space and a 93-car garage.

View looking northeast from Hollywood BoulevardKFA Architecture

The Planning Commission granted approval for density bonus incentives and waivers of development incentives to permit a larger structure than would otherwise be allowed by zoning rules. In exchange, nine of the new apartments would be set aside for rent as very low-income affordable housing.

KFA Architecture is designing the contemporary podium-type building, which would include amenities such as a spa deck on its second floor and a rooftop terrace overlooking Hollywood Boulevard.

The project would rise across Hollywood Boulevard from two similar mixed-use buildings completed recently  by LaTerra Development. 

Aerial view looking northeastKFA Architecture

This is not the first time someone has attempted to build at 4773 Hollywood. The past owner of the site - which sold the property for $8.5 million - had sought to build a small lot subdivision on the land.

Lazer Properties, the developer, is also working multiple projects in its hometown of Beverly Hills and a proposed 50-unit apartment complex in Silver Lake.

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