Two small apartment buildings in Palms could soon make way for a larger multifamily residential development, according to plans now under review by the Los Angeles Department of Building and Safety.
The buildings, which are located on two parcels at the southeast corner of Dunn Drive and Regent Street, comprise a total of eight rent-stabilized apartments. Project applicant Dunn Regent Partners, LLC proposes to raze both structures to make way for a larger six-story edifice containing 24 one-, three-, and four-bedroom dwellings above parking for 12 vehicles.
The project employs Transit Oriented Communities incentives, potentially allowing the developer to exceed zoning limits related to density, floor area, and minimum building setbacks. In exchange, up to six apartments would be set aside for rent by low-income households.
Next Architecture is designing the podium-type building, which would be clad in a combination of stucco and fiber cement panels. Architectural plans show common amenities including a second-level courtyard, a recreation room, and a rooftop deck.
A timeline for the project has not been set, according to a representative of Next Architecture.
The development site is located one block north of Venice Boulevard, where another multifamily residential building with ground-floor retail is planned at Dunn Drive.
- Palms (Urbanize LA)