Project will bring much-needed housing, including live-work options, to Pico Boulevard
Los Angeles – (Feb. 6, 2024) — Privately-owned real estate investment, development and finance company Bolour Associates Inc. (BOLOUR) has secured the entitlements to build a new five-story, for-rent residential apartment building in the heart of West Los Angeles.
The building will sit at 2424 S. Veteran Ave. in Los Angeles, on the southeast corner of Pico Boulevard and Veteran Avenue. Plans for the development include 30 studio, one- and two-bedroom apartment units ranging from approximately 475 to 975 square feet.
The project will include three live-work units that will create street activation along Pico Boulevard and can support a variety of uses ranging from artist studios to professional service offices. The project will also offer on-site parking and feature two rooftop deck amenity spaces.
“We’re excited to bring much-needed housing along an important portion of Pico Boulevard,” said BOLOUR CEO Mark Bolour. “We have worked hard to bring this opportunity to fruition and know that it will be a great addition to the West LA rental market, giving renters access to the area’s many employment opportunities and recreational attractions.”
Future residents at 2424 S. Veteran will be surrounded by shopping, dining and entertainment. They will live within walking distance of the UCLA Research Park, formerly known as the Westside Pavilion mall. They will also be one-half mile from the intersection of I-10 and I-405, minutes from the Cheviot Hills Park and Recreation Center, and just five miles from Venice Beach and the Santa Monica State Beach and Pier.
AFCO Design, Inc. serves as the project architect. The design architect is 64 North.