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Thursday, Mar 28, 2024

Apartment Complex With 64 Units Proposed in Van Nuys

A developer has proposed a multifamily complex with 64 units for a Van Nuys address, according to city of Los Angeles records.The project – a mix of studio, one- and two-bedroom apartments above a 56-car parking area – would replace a row of small commercial buildings that were erected in the 1930s and 1940s.The apartments would cover about 18,000 square feet near the southwest corner of Oxnard Street and Hazeltine Avenue.Project applicant Leslie Nishinian, representing the Nick Nishanian Trust, has asked the city for development incentives through the Transit Oriented Communities program to permit a bigger building than presently allowable per the property's base zoning. If the bonuses were received, Nishinian will create seven low-income apartments within the project plan.Architect Daryoush Safai is designing the building, which will have two rooftop decks.Van Nuys has become a hotbed of multifamily development. In January, developers filed an application for a six-story, mixed-use commercial development at 14557 Friar St. Another 54-unit mixed-use residential project is currently under construction at Van Nuys and Kittridge.

Michael Aushenker
Michael Aushenker
A graduate of Cornell University, Michael covers commercial real estate for the San Fernando Valley Business Journal. Prior to the Business Journal, Michael covered the community and entertainment beats as a staff writer for various newspapers, including the Jewish Journal of Greater Los Angeles, The Palisadian-Post, The Argonaut and Acorn Newspapers. He has also freelanced for the Santa Barbara Independent, VC Reporter, Malibu Times and Los Feliz Ledger.

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