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Hollywood hotel developer to convert church into 87-unit affordable housing complex
The Relevant Group recently filed plans to build an 87-unit affordable housing complex in South Los Angeles. The development site located at 4225 S. Broadway was originally purchased by the Hollywood-based developer in July for $1.5 million. For more info, click here…
Developer submits plans for 79-units on Crenshaw
5144 South Crenshaw Boulevard (Credit: Google Maps) South Los Angeles developer Haroni Investments has filed plans to build a 79-unit mixed-use apartment along Crenshaw Boulevard. The proposed five-story building is the latest in a string of development projects that Haroni…
Brokers believe new laws make it easier for homeowners to build ADUs
Last week, Gov. Gavin Newsom signed a series of statewide measures to encourage accessory dwelling unit (ADU) construction. The so-called “granny flats” have become increasingly popular in recent years, with homeowners often earning extra money by converting their garages into…
Hollywood Park Signs First Retail Tenants
Hollywood Park’s developers announced the first retail tenants for the outdoor complex adjacent to the new football stadium. Inglewood-based Three Weavers Brewing will join Olympix Fitness and movie theater operator Cinépolis as the first three tenants in the 500,000-square foot…
Governor Signs Statewide Rent Caps Into Law
In a widely anticipated move aimed at combating California’s growing housing crisis, Governor Gavin Newsom signed into law a landmark bill establishing statewide rent caps on Tuesday. With its passage, the Tenant Protection Act or Assembly Bill 1482, makes California…