We are thrilled to be highlighted in an article published by Urbanize-Los Angeles featuring our newest addition to East Hollywood. Follow the link below to be directed to the entire article.
The Coronel, which spans two street frontages at 1601 N. Hobart Boulevard and 1600 N. Serrano Avenue, is highlighted by a four-story building featuring 54 one-, two-, and three-bedroom apartments. The majority of the apartments are priced for households earning at or below 60 percent of the area median income, with a handful of units reserved for households making at or below 30 percent of the area median income.
Rents at The Coronel will range from $488 to $1,354 per month, according to a staff report to the California Tax Credit Allocation Committee. The total project budget was approximately $29.9 million.
The project, designed by KFA Architecture, includes the restoration of a 1920s Pueblo-style house as two residential units. The ground-up component of the project has a contemporary look.