A year after our last update, framing is now complete for a new mixed-use apartment building one block east of MacArthur Park.
The project at 1930 W. 6th Street, which occupies a corner lot at 6th and Westlake Avenue, consists of a six-story podium-type building that will eventually feature 63 apartments above 1,200 square feet of ground-floor retail space and parking.
Construction at 1930 W 6th StreetUrbanize LA
Approved plans rely on the Transit Oriented Communities guidelines to permit a larger structure than otherwise allowed by zoning rules. In exchange, seven of the new apartments will be set aside as affordable housing.
Los Angeles County Assessor's records list the owner of the development site as an entity affiliated with the Irvine-based real estate investment firm Sperry Equities. The property was acquired for $5.9 million in August 2019.
1930 W 6th StreetGoogle Maps
A LoopNet profile advertising the property's ground-floor commercial space lists its expected completion date as December 2023.
The project is located near new affordable housing developments taking shape 437 and 619 S. Westlake Avenue, as well as the future site of a market-rate apartment complex with retail space is at 1701 W. 6th Street.
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