114-Unit Affordable Apartment Plan Filed in LA

The seven-story building in Koreatown could offer new affordable options for low- and moderate-income renters.

Updated on Oct. 15, 2026 in Apartments

114-Unit Affordable Apartment Plan Filed in LA

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Should developers convert stalled hotel projects into affordable housing to address local needs?

Developer Jamison Services has filed plans to build a 114-unit affordable housing complex in Los Angeles. The seven-story project, located in Koreatown, replaces a previously approved hotel plan for the site.

Why it matters

The proposal aims to expand housing access for low- and moderate-income renters in a high-density neighborhood. By utilizing citywide housing incentive programs, the developer is seeking streamlined approvals to help address the regional need for more apartment units.

The proposed seven-story building at 679 S. Harvard Boulevard will house 114 units for low- and moderate-income renters. This project is part of a larger plan by Jamison Services to bring 4,000 new homes to the Los Angeles area.

The players

Jamison Services

A developer working on expanding housing inventory through city-incentivized apartment projects in Los Angeles.

Department of City Planning

The Los Angeles agency responsible for reviewing development applications and managing housing incentive programs.

Kennedy Wilson

A real estate partner collaborating on a large-scale initiative to build 4,000 homes across the Los Angeles area.

The details

Jamison Services is leveraging citywide housing incentive programs to streamline the development process for the site. The building design omits on-site parking, a move intended to maximize space for residential units under current density bonuses. The project marks a shift from a planned commercial hotel use to a residential focus for the Koreatown property.

Timeline

  1. October 2026: Jamison Services filed the apartment complex application.

Money Landscape

This project reflects a broader shift in Los Angeles development toward high-density, car-free apartment construction in transit-adjacent neighborhoods. It aligns with current citywide housing incentive programs that trade parking requirements for more affordable, mid-rise residential space.

This filing signals a potential increase in future affordable unit inventory in the Koreatown neighborhood for low- and moderate-income households. Renters monitoring housing costs should track local planning board notices to see if this project moves toward the final approval stage.

The takeaway

The pivot from a hotel to a 114-unit apartment building highlights the ongoing conversion of underutilized land into affordable housing in central Los Angeles. Residents interested in long-term housing options should keep an eye on city planning announcements regarding density bonus applications.

Further reading

Learn more about local rental market developments in the Los Angeles Apartments section.

More information

For resources on local housing options, visit the county affordable housing information portal.

Source note: This article includes information reported by Urbanize LA.

Live Poll

Should developers convert stalled hotel projects into affordable housing to address local needs?