South Central LA tapped for another 100% affordable development
A low-rise relic in South Los Angeles is poised for an all-affordable overhaul. Plans filed with the Los Angeles City Planning Department call for demolishing a 1908-built fourplex at 4061-4067 South Main Street and replacing it with a seven-story, 83-unit apartment building aimed entirely at income-restricted tenants, L.A. YIMBY reported. Real estate developer and investor Raymond Saviss of Sasi Main LLC is listed in city records as the applicant, while Kamran Ravandi of SG Design is noted as the project representative and architect, according to the publication. The development would include 83 studio, one-, two- and three-bedroom apartments all reserved […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
A Zappa Family Estate in Malibu Lists for $28.5 Million—Plus 4 More Luxury Homes for Sale
Johnny Buss buys Palisades development site for $7M after Lakers sale shakes LA
Why Buy One House When $1.4M Gets You Three Whidbey Island Cottages?
Weezer’s Scott Shriner Lists His Los Angeles Home for $3 Million
This Unusual Building on King Charles’s Sandringham Estate Is Now an Overnight Retreat for Two
How Elizabeth Taylor’s Bel Air Home Was Spared from Demolition
East Hollywood to get 76-unit affordable project in place of 4 single-family homes
Saatva’s Luxury Mattresses Are 20 Percent Off Exclusively for ELLE Decor Readers
Ritz-Carlton Marina Del Rey scores permits for facelift
Inside Elvis Presley’s Legendary Property Portfolio
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
26895 Aliso Creek Rd, B-603, Aliso Viejo, California 92656, USA