The Art Set Apartments will go up about a half mile from Metro's North Hollywood Station, according to an Urbanize.LA report.
Summerland Partners and Hankey Capital are partners on the project at 11525 W. Chandler Blvd. Architect Kamran Tabrizi designed the contemporary low-rise complex.
The four-story structure will offer 60 live/work studio apartments, including six low-income units. Amenities featured in the project include pool, fitness center, rooftop deck and a 62-vehicle subterranean garage.