Stylish Apartments to Replace Dingy Lots in Echo Park

A 121-unit apartment building is planned for these less-than-picturesque lots in Echo Park, the Eastsider reports. The six-story development on Boylston Street from Lion Boylston LCC and LA Urban Homes will include studio, one- and two-bedroom units running from 600 SF to 1,300 SF. Eastsider says the project will include 15% units for very low income tenants, giving the developers the vaunted density bonus.

The complex is in line with the changing demographics of Echo Park, sitting across the street from the snazzy Edward Roybal Learning Center. There are several other projects planned or underway in the trendy neighborhood, and investment dollars are coming in. As we exclusively told you last month, Vista Investment paid $15M for a 90-year-old mixed-use it plans to freshen up.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Los Angeles Newsletters
Related Stories

With Occupancy Brimming, Investors Pile Into Bay Area Apartments

DivcoWest Sells Glendale Office Building For $70M

FBI Drops Investigation Into Financially Troubled StoryBuilt

GTIS Partners Rebrands As Brightshore Capital, Launches $250M Debt Platform

Dublin BTR Had A €1B Summer

Daniel Negari Buys Downtown LA Hotel For $34M

Stockdale Capital Partners, Hamilton Lane Acquire Chino Hills Shopping Center For $157M

Sales Of Lower-End Apartments Surge In Philly As Landlords Face Financial Issues

Wu Proposes Tax Breaks To Jump-Start Stalled Housing Projects

California Emerging As Data Center Fallback Market Amid Nationwide Opposition

Developer Seeks Permit For Denver Energy Center Conversion Project

Airbnb Launches $250M Fund To Invest In Affordable Housing