A coin laundry and dry cleaners could make way for a mixed-use apartment building in Palms, according to an application submitted this month to the L.A. Department of City Planning.

Caladan Investments, a Valley-based real estate development firm, is seeking entitlements to raze the existing buildings and surface parking located at 3363-3371 S. Motor Avenue in order to redevelop the underlying property with a five-story apartment complex featuring 58 residential units above 2,568 square feet of ground-floor retail space and parking for 37 vehicles.

3363-3371 S Motor AvenueGoogle Street View

The project is relying on the bonus system introduced by the Exposition Corridor Transit Neighborhood Plan, which enables projects that include on-site affordable housing and provide community benefits to exceed certain zoning limits placed on properties near E Line stations on the Westside. In the case of 3363-3371 S. Motor Avenue, a total of six of the proposed studio and one-bedroom apartments are to be set aside for rent as extremely low-income affordable housing.

Sam Ghanouni is designing the apartment complex, which is shown in plans as a contemporary podium-type building clad in cement plaster and wood. A large amenity deck is proposed for the project's rooftop.

3363-3371 S Motor AvenueGoogle Maps

The new apartment complex joins a handful of mixed-use developments that have recently arrived on Motor Avenue, including new projects from Wiseman Residential and RBM of California.

Caladan, in addition to its new Palms development, is also building an 87-unit apartment complex with retail in Westchester and a 35-unit development in Historic Filipinotown.