Uncommon developers have submitted plans for a seven-story condo tower on Sunset Boulevard.
The transit-oriented community project will be located on the corner of West Sunset Street and North Gardner Street, a few blocks east of West Hollywood’s famous Sunset Boulevard and a few blocks south of Los Angeles’ famous Runyon Canyon Park.
It’s a part of the famous boulevard that has both the glitz of restaurants like Horses and the rough stuff. It’s also a part of Hollywood that seems poised for an influx of multifamily development, with many new projects already popping up a few blocks to the east.
The city has also advocated for greater density in the area: In May, Los Angeles officials approved a zoning update for Hollywood that would accommodate 35,000 new units.
An executive at Uncommon submitted the project application on July 11. The full plans are yet to be registered with the planning department, but the development intends to demolish three existing commercial buildings and a surface car park to create its seven-storey complex. The complex will include some affordable housing, as required by Los Angeles’ Transit Oriented Communities program, which provides density and other zoning incentives for projects close to public transit.
An Uncommon-related entity purchased the property from a Colorado investment firm in December in multiple transactions, according to property records. Uncommon paid $12.9 million.
The development company, run by Ryan Hekmat and Jason Larian, also has projects pending in Chatsworth, the Fairfax District and East Hollywood. Larian and Heckmatt are respectively the son and son-in-law of billionaire toymaker Isaac Larian, chief executive of Chatsworth MGA Entertainment. Their latest projects are located at 7437-7445 West Sunset Blvd and 1504-11512 North Gardner Street.
