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General ConstructionWilshirePermit issued

New Apartment Building Construction at 708 S Gramercy Dr, Los Angeles

708 S GRAMERCY DR 1-101, Wilshire, 90005

Winston

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Reported project cost

$11,700,000

As declared on the permit filing. Bldg-New.

Issued
June 30, 2026
Expires
—
License
B

What was permitted

A significant new construction project is underway in the Wilshire neighborhood, involving the development of a 7-story apartment building. This project aims to provide 101 units of affordable housing, including moderate, low, and very low-income options, along with a manager's unit.

This building permit has been issued, with work expected to commence by June 30, 2026. The estimated project cost is substantial at $11,700,000, indicating a large-scale development.

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View the official permit record

Tracking number, work description, cost and dates

Tracking number23010-10000-04778
Work permit #—
Job filing number—
Work typeBldg-New
StatusIssued
Job description(SB330/ED1) **** NEW 7 STORY WITH ROOF DECK 101 UNITS 100% AFFORDABLE HOUSING APARTMENT TO INCLUDE 5 STORY TYPE IIIA APARTMENT OVER 2 STORY TYPE IA APARTMENT OVER 1 LEVEL SUBTERRANEAN PARKING, PER 12.22.A.25 / AB 1763 INCENTIVESAffordabitlity: 19 moderate, 80 low income, 1 very low income, 1 manager's unit.
Floor / unit—
Estimated cost$11,700,000
ApprovedNovember 29, 2023
IssuedJune 30, 2026
Expires—
BBL—
BIN—

Related searches

new constructionapartment buildingaffordable housingWilshireLos Angelesbuilding permit$11.7 million