Glassell Park Townhomes
Los Angeles, California

Status: Development in Progress
Use: Residential Townhomes

Residential: 52 units
Acreage: 2.5

Architect: KTGY Group
Civil Engineer: Kimley Horn
Development Manager: LaTerra Development, LLC

LaTerra Development acquired the subject property as a partially improved development project, from the construction lender. The property was approved for 114 residential condominium units and 15,000 sq.ft. of retail over a subterranean parking structure. LaTerra Development undertook a comprehensive value-add repositioning and re-entitlement of the property transforming the development into 52 residential on grade, frame constructed townhome units. The re-entitlement process was accomplished in approximately 12 months.

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