A presentation to the Encino Neighborhood Council's Planning and Land Use Committee has unveiled renderings for a proposed multifamily residential development just south of Ventura Boulevard.

The project, which would replace a vacant lot at 4741 Libbit Avenue, would consist of a five-story building featuring 46 apartments - including four units set aside for extremely low-income households - above below grade parking for 60 vehicles.

Renderings of the proposed development, which is being designed by San Marino-based architecture firm I Elements, portray contemporary low-rise structure featuring a pool deck above its fourth floor.

The presentation lists the project's developer as Precision Development, LLC.

Additional details regarding the project have not been announced.