The Central Los Angeles Area Planning Commission on Tuesday will vote on plans to build a five-story, 34-unit apartment building just north of Santa Monica Boulevard in East Hollywood, according to its agenda.
The project would rise at 1111 North Madison Ave., which is just northwest of the intersection of Santa Monica Boulevard and North Madison Avenue, and it is being led by Fantastic Future Holdings LLC, a company state business filings show is managed by attorney F. Shawn Azizollahi.
The development team is requesting Tier-4 project incentives through the city’s transit-oriented communities program, including a 26-percent density bonus and a roughly 29-foot height increase. It would include four units for extremely low-income households in accordance with the TOC program, plans show.
Plans call for the demolition of a single-family dwelling and the construction of a 62-foot-tall multifamily building with 10 studio apartments each at about 410 square feet along with 24 one-bedrooms ranging in size from 534 to 585 square feet. The community would also have about 3,500 square feet of open space.
Though qualifying Tier-4 TOC project plans are exempt from citywide residential parking minimum requirements, the East Hollywood development would also provide eight parking spaces, along with space for 17 bicycles.
Designs are being led by GA Engineering.