December 8, 2022 #1 Local News, Forum, Information and Event Source for Venice Beach, California.

Six-Story Development Underway in Palms

Westside Real Estate Scene, October 4, 2021

By Dolores Quintana

Matt Damon Sells Pacific Palisades Home After Price Drop

As reported by Realtor.com, actor Matt Damon’s home in the Pacific Palisades was finally sold after the price was lowered by three million dollars. The home was originally purchased for 15 million dollars, but when put on the market earlier in 2021, it didn’t attract a buyer until the price was cut to 17.9 million. The home is a contemporary building consisting of 13,500 square feet that includes 7 bedrooms and 10 bathrooms with a central atrium and luxury amenities like 35-foot mahogany ceilings and features natural light and natural stone fixtures.

Developer Wants to Upsize Santa Monica Development

A new development approved by Santa Monica City Council has been upsized by the developer Yale West, LLC, proposing 46 new units, including studios, single bedroom and multi-room apartments, at the southeast corner of Yale and Santa Monica Boulevard, currently a vacant lot. The new upsized proposal would boast twice the amount of units as originally intended and set aside nine apartments for lower-income tenants to take advantage of density bonuses offered by the state government. The apartments would be located over a 13,735 square foot commercial space that comes with a two-level underground parking lot with a total of 118 spaces as reported by Urbanize Los Angeles

Seven-Story Apartment Building Near Culver Border Given Green Light

As reported by What Now Los Angeles, Mapleton Properties received approval from the Los Angeles Planning Department for a 207 unit, seven-story apartment building at 10003 Washington Boulevard close to the border of Culver City. The building of the property will take place in two phases, phase one is a seven-story, 111 apartment complex that will be built on the site of a former single-family home and car dealership. The second phase of the project will add 19 apartments that are designated for extremely low-income households as part of the city’s TOC program. The second phase will be built after the demolition of a bank building on the property and it will be a seven-story, 96 unit apartment building. This complex will include 126 parking and 171 bicycle parking spaces in one ground floor level and two underground levels of parking. 

Six-Story Development Underway in Palms

Developer Robert Green and designers Robert James Taylor Architects, Mika Design Group, and MJS Design Group are currently building a six story apartment complex with eight units built for extremely low-income households in Palms at 3739-3759 Cardiff Avenue. The building will come with a parking area that will accommodate 150 motor vehicles, a rooftop deck and several courtyards available for tenants. This development will also be part of the TOC program to promote affordable housing for lower-income families as reported by Urbanize Los Angeles.

Glass Exterior Takes Shape for Trident Center Redevelopment

As reported by Urbanized Los Angeles, a 300 million dollar redevelopment of the existing property at the former Trident Center office building in the Sawtelle area is progressing. The building will now be enclosed in glass and the area currently spans an entire city block. The building will now be known as Lumen West LA. McCarthy Cook and Northwood Investors are upgrading the property with Gensler designing the project. The property is surrounded by Purdue Avenue, Corinth Avenue, Olympic Boulevard, and Mississippi Avenue and was built in the ’80s. The project is expected to be completed in 2022 and will include a two-story extension at the junction of Purdue and Olympic, a dog park, and steel bridges to connect different parts of the building. 

Pico-Robertson Development Receives Approval

In Pico-Robertson, 911 Shenandoah Investment LLC has received approval from the Los Angeles Planning Department to build a new five-story apartment building with 14 units at 911 Shenandoah. Danny and Houman Rabbanian are listed as the members of the LLC. This is another TOC incentive project where the developers will receive a 70% density bonus and be required to reserve one unit for an extremely low and one unit for a very low-income household only. The building will replace a duplex that was formerly on the property and contains two studio apartments, five one-bedroom units, and seven two-bedroom units with 14 spots in a subterranean garage. Yael Lir Landscape Architects and San Besbelli Architecture & Planning are designing the building which will have 1,300 feet of open space and 728 feet of space on the ground floor as reported by What Now Los Angeles. 

Related Posts

LA City Council Approves $5.1 Million in Transportation Projects for CD-11

December 3, 2022

December 3, 2022

Lawmakers approved funding despite request to delay by Traci Park By Dolores Quintana Councilmember-elect Traci Park sought to delay a...

Developer Plans 74-Unit Apartment Complex on Site of Former Mar Vista Church

December 2, 2022

December 2, 2022

12124 Pacific Avenue project would include 11 affordable units By Dolores Quintana In Mar Vista, a 74-unit apartment building has...

Los Angeles Home Prices Continue to Decline

December 2, 2022

December 2, 2022

 Forbes analist shows pullback from buyers in Los Angeles home market By Dolores Quintana After a seller’s market reigned, the...

Thatcher Yard Affordable Housing Project Breaks Ground

November 21, 2022

November 21, 2022

Thatcher Yard Affordable Housing Project Breaks Ground on 2 acre 98 unit affordable housing community..Video sponsored by Bella Petite.

South Bay Man Sentenced to 9 Years in Federal Prison for Role in Scam Involving Fake Open Houses at Not-for-Sale Homes

November 20, 2022

November 20, 2022

Adolfo Schoneke sentenced to 54 years in federal prison in connection to $6 million real estate scam A South Bay...

Five-Story Development Planned for Palms

November 20, 2022

November 20, 2022

Kelton Avenue project would include 43 units By Dolores Quintana Palms has a new proposed five-story multifamily complex in the...

Venice Canal Home Formerly Owned by South Park Creator Lists for $6.9 Million

November 19, 2022

November 19, 2022

Four-bedroom home previously owned by Trey Parker hits market By Dolores Quintana One of the homes on the westward-facing side...

West L.A Courthouse Bought by County for New Affordable Housing Project

November 14, 2022

November 14, 2022

A vacant courthouse building in West L.A was recently bought by the County for potential affordable housing. .Video sponsored by DPP.

Plans to Expand LAX’s Tom Bradley International Terminal Move Forward

November 13, 2022

November 13, 2022

Project will include eight passenger gates By Dolores Quintana Los Angeles World Airports (LAWA) has more expansion plans in the...

Review Board Shows Smaller Scale Plans for Development on Arizona

November 7, 2022

November 7, 2022

The Santa Monica Architectural Review Board has announced a new residential development at 568 Arizona Avenue, replacing an office building...

More Housing Coming to West Los Angeles VA Campus

November 7, 2022

November 7, 2022

$33.7 million in bonds will pay for project By Dolores Quintana The Veterans Affairs Campus will be the site of...

Palms Development Calls for 104 Apartments

November 4, 2022

November 4, 2022

Wiseman Residential planning project at 3557 S. Motor Avenue By Dolores Quintana Wiseman Residential will be beginning a new project...

Governor Newsom Signs Bill Barring Parking Requirements For New Developments

October 31, 2022

October 31, 2022

A bill signed by Governor Newsom has barred all new construction developments in California from requiring parking spaces – if...

Column: Tenant Support Could Tip the Political Scales in CD-11 Council Race

October 29, 2022

October 29, 2022

Darling pushes advocacy of renter’s rights over Park in tightly contested battle to succeed Mike Bonin! By Nick Antonicello In...

Developers Secure $40 Million Loan for Del Rey Apartments Under Construction

October 29, 2022

October 29, 2022

Project will bring 49 units to 4339 and 4367 Berryman Avenue By Dolores Quintana Del Rey will have two new...