5-Story, 73-Unit Apartment Project Coming to Westlake
On October 8th, the Los Angeles Planning Commission will consider a proposal to develop a 73-unit, 52,000 square foot (SF) mixed-use development located at 418 – 430 N. Alvarado Street in the Westlake neighborhood.
The project, proposed by MGT Partners II, LLC., would include 500 square feet of ground-floor commercial space, a five-story, 69-foot building that provides 81 parking spaces on two levels, and six very low-income residential units.
Designed by Architect Alan Boivin, the project would be granted a 35 percent density bonus, allowing it to build above the current 45-foot, three-story area maximum, and to exceed the current allowable density of 54 units for the site, in exchange for 11 percent of the dwelling units (six units) being restricted for very low-income households.
The project site is located 300 feet south of the 101 Freeway on-ramp and off-ramp, and is well-served by Metro bus lines. It is also located 1.2 miles from the MacArthur Park Metro Red Line and Purple Line Rail Stations.
The Department of City Planning recommends approval of the project as proposed.