New Apartment Building Construction at 708 S Gramercy Dr, Los Angeles
708 S GRAMERCY DR 1-101, Wilshire, 90005
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.
Homeowners in Wilshire can expect a large new affordable housing complex to be built, with a project cost of $11.7 million.
What it cost
Issued
June 30, 2026
Expires
—
License
B
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Filed by Sma Builders Inc · 4 permits across 2 areas
View the official permit record
Tracking number, work description, cost, and dates
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View the official permit record
Tracking number, work description, cost, and dates
| Tracking Number | 23010-10000-04778 |
| Work Permit # | — |
| Job Filing Number | — |
| Work Type | Bldg-New |
| Status | Issued |
| 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 |
| Approved | November 29, 2023 |
| Issued | June 30, 2026 |
| Expires | — |
| BBL | — |
| BIN | — |