East Hollywood, in the Los Angeles apartment market, has seen an upswing in development activity in recent years. Historically, the area saw minimal apartment construction; it has long been a lower-income community that offers among the cheapest rents in the metropolitan area, making it hard to justify new construction. The period from 2010 to 2019 saw just 21 units added, on average, annually.
Developers See Opportunity in East Hollywood
Transition Brings Higher-End Projects to the Area
By Ryan Patap
CoStar Analytics
May 17, 2023 | 1:33 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- The Elinor
4531 Hollywood Blvd, Los Angeles, CA
- Ardence & Bloom
5620 De Longpre Ave, Los Angeles, CA