Venice single-family homes to give way to multifamily development

by TRD Staff

More single-family homes in Los Angeles are poised to be replaced with multifamily housing. Racing Green Group, working through the affiliate 2317 Oakwood LLC, filed an application with the Los Angeles Department of City Planning to replace two single-family homes at 2315 South Oakwood Avenue in Venice with a four-story apartment building, Urbanize Los Angeles reported.  The building would feature 12 two- and three-bedroom units and parking for eight vehicles. The developer is seeking density bonus incentives that will permit a larger structure than normally allowed by zoning rules. In order to qualify, the builder is designating two of the […]

This article originally appeared on The Real Deal. Click here to read the full story.

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