Desirable L.A. neighborhood receives new 34-unit residential building

A new 32,726-sf residential building, designed by Killefer Flammang Architects (KFA) and developed by Micropolitan, LLC, has been completed in the Larchmont Village neighborhood of Los Angeles.

The Micropolitan at Larchmont Village offers 34 studio, one-, and two-bedroom apartments across its three stories. Amenities such as a rooftop deck with BBQ, outdoor lounge, community room with a full kitchen, bicycle storage, and pet spa are also included.

The building’s location means residents are within walking distance of Hancock Park and Hollywood and are also close to major movie studios like Paramount Pictures. Additionally, multiple rapid transit options are nearby.

The units themselves offer open floor plans, large balconies, walk-in closets, and high-quality finishes. Each unit and the building as a whole were designed with the idea of a big single family home in mind. This led to the final design incorporating details such as plank guardrails, deep eaves, and broad horizontal massing.

Rent ranges from around $2,600 for a studio or small one-bedroom unit up to about $4,500 for the largest two-bedroom units.

Photo courtesy of KFA.

Across the country, multifamily rents have skyrocketed. Year-over-year rents are up by double digits in nine of the top 30 markets, while national YoY rent growth is up 6.3%. Emerging from the pandemic, a perfect storm of migration, enhanced government stimulus and a hot housing market, among other factors, has enabled this extremely strong growth.