In the unincorporated community of East Pasadena, developer APPA Real Estate is wrapping up work on the RinRose, a new mixed-use apartment complex.
Located at 3768 E. Colorado Boulevard, the project was built by a joint venture between West Hollywood-based APPA and its partners Sundance Bay and Geolo Capital. The five-story building, which broke ground in 2020, features 100 apartments - including five deed-restricted affordable units - atop 4,500 square feet of ground-floor retail space and two levels of subterranean parking.
KFA Architecture is designing the RinRose, which is composed of four floors of wood-frame construction above a concrete podium. The building incorporates sloping rooflines, intended to reference the pitched roofs of houses in the surrounding residential neighborhood. On-site amenities include a gym, co-working space, courtyards, and rooftop decks.
APPA acquired the development site in 2019 for $8.5 million, which was already entitled by Bolour Associates. A $32-million construction loan for the project was secured in 2020.
The RinRose is among the first new developments built in Los Angeles County using its updated mixed-use zoning standards, but is not likely to be the last. A few blocks south on Rosemead Boulevard, a similar project with 193 apartments and retail space is also in the works.
The development site also sits roughly one mile east of Metro's Sierra Madre Villa Station, where Trammell Crow subsidiary High Street Residential has secured entitlements for an even larger 550-unit housing and retail complex.
- 3678 E Colorado Boulevard (Urbanize LA)