The Los Angeles planning department has approved a six-story, 30-unit apartment project proposed for 316 S. Catalina St. in the Wilshire Center neighborhood, a determination letter filed last week shows. The property applicant and owner is listed as Shawn Naim of Frontier Applications LLC, which in application filings is shown alongside the address of Santa Monica-based company Rise City Properties.
The 7,790-square-foot project site currently holds a four-unit apartment building that will be demolished to make way for Catalina Apartments, a new 21,480-square-foot multifamily development. The project will rise 64 feet and hold 25 parking spaces in an at-grade parking garage.
Its approvals include Tier-3 project incentives under the city’s transit-oriented communities program. Those include a 70-percent density bonus on top of the 20 units otherwise allowed. In addition, the project will set aside three units for extremely low income households.
The unit makeup will consist of 20 one-bedrooms and 10 two-bedrooms, while amenities at the Wilshire Center development will include a 3,108-square-foot roof deck, plans show.
Frontier Acquisitions is joined by project architect Maly Architects along with advisory firm Land Use Developers Corp., which is listed as the project representative. The developer purchased the project site for $1.55 million, according to a transaction recorded with Los Angeles County in 2017.
