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Excavation underway for 45-unit affordable housing complex in Hollywood

Excavation underway for 45-unit affordable housing complex in Hollywood

Built World Los Angeles, CA local

The five-story project at 1248 N. Cherokee Ave. will have no on-site parking and use density bonus incentives to exceed zoning limits.

Overview

Updated 1 hour ago

Excavation is underway at 1248 N. Cherokee Ave. in Hollywood, where a five-story building with 45 apartments will rise on a currently empty site. All but one unit will be reserved for low- and moderate-income renters.

The project is part of a wave of affordable housing developments in Los Angeles using density bonus incentives, which allow builders to exceed zoning limits in exchange for including affordable units. With the city's housing crisis showing few signs of easing, each new project tests whether these incentives can produce homes for those who need them.

Why it matters

If this project succeeds, it could add 44 affordable homes in Hollywood; if it stalls, the city's housing shortage deepens.

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Key Indicators

45
Total apartments
Five-story building with 45 one- and two-bedroom units.
44
Affordable units
All units except a manager's unit reserved for low- and moderate-income renters.
0
On-site parking spaces
The project includes no on-site parking.
5
Stories
The building will be five stories tall.

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Organizations Involved

Timeline

1 event Latest: Today
  1. Excavation underway at 1248 N. Cherokee Ave.

    Today Construction

    Excavation begins for a five-story, 45-unit affordable housing complex in Hollywood.

Scenarios

1

Project opens and leases all affordable units by 2028

Possible Resolves by End of 2028

Discussed by: Urbanize LA reporting on construction start

If construction proceeds on schedule, the five-story building at 1248 N. Cherokee Ave. could welcome residents by late 2028. The developer, Seachange Partners, has experience with similar projects and no major obstacles are reported. Leasing all 44 affordable units would require reaching low- and moderate-income renters in a competitive market.

2

Construction delayed by more than six months

Possible Resolves by Q2 2027

Discussed by: Industry observers note typical risks for affordable housing projects

Affordable housing developments often face financing gaps, permitting issues, or construction problems. A delay could push completion beyond 2029. This scenario would be triggered if work stops for an extended period or key permits are not secured.

3

Project downsized after community opposition

Unlikely Resolves by End of 2027

Discussed by: Neighborhood groups sometimes challenge density bonus projects

Local opposition could lead to a revised project with fewer units, which would reduce the number of affordable homes. This would require the developer to file new plans and obtain new approvals. No such opposition has been reported.

Sources

(1)