1108 Manzanita St

PartnersCRE is proud to offer an outstanding 54 Unit 100% Affordable Housing

Development Opportunity in one of the most sought-after locations, in desirable

Silver Lake, right near Sunset Junction. The Project will be delivered RTI at

COE.

At a cul-de-sac on an alley just steps down from Sunset Blvd., past a community

garden, this beautifully designed stacked project will sit on a 7,688 SF lot, utilizing

Type IIIB construction for the five-story layout; under AB 1763 incentives, this

project was allowed unlimited density for affordable housing.

With a total proposed Gross Floor Area of 25,750 SF, the Development Project

includes 28 studio apartments and 26 one-bedroom units, all (but the Manager’s

Unit) designated for Affordable Housing.

The approved unit breakdown consists of 2 Very Low-Income units, 40 LowIncome Units, 11 Moderate-Income Units, and 1 Market-Rate Manager’s Unit.

The design eliminates the need for parking, relying on the rapid Bus System on

Sunset and the Metro B Line subway (less than a mile away), and the Walker’s

Paradise designation, reducing construction costs along with the stacked-design.

The residential units range from 280 to 460 SF, designed to maximize

affordability while optimizing rental income per square foot.

Located in the heart of Silver Lake, in Sunset Junction, this property offers an

unmatched urban lifestyle with trendy cafes, boutique shops, top-tier and

affordable dining within walking distance. The prime Transit-Priority Zone

location ensures seamless connectivity, with multiple Bus Lines and Metro access

nearby. Additionally, the area boasts an exceptional Walk Score of 95, allowing

residents to fully embrace a car-free lifestyle.

With all entitlements and approvals secured, the project will be delivered in

Ready-to-Is sue status and will be delivered vacant at the close of escrow,

providing an immediate and seamless path to development.