Brennen Hakimian Plans 67 Unit Courtyard Apartment Project In Hollywood

• 67 unit multifamily project planned in Hollywood near Santa Monica Boulevard
• Development includes affordable units through density bonus incentives
• Project features courtyard design with subterranean parking

What The Project Design Means For Tenant Experience

Plans have been revealed for a five-story apartment building at 1000 North Alfred Street centered around a large open-air courtyard. Brennen Hakimian Holdings is leading the project, with a design that prioritizes light, airflow, and shared space. The courtyard layout improves livability and creates a more community-oriented environment.

What The Unit Mix Means For Rental Flexibility

The development will include 67 units ranging from studios to six-bedroom layouts. This wide mix allows the project to target multiple renter segments, from individuals to larger households. Flexibility in unit types can improve absorption and reduce vacancy risk in competitive rental markets like Los Angeles.

What Density Bonus Means For Project Economics

The project utilizes density bonus incentives approved by the City Planning Commission, allowing for increased unit count in exchange for affordable housing. Seven units will be reserved for low-income residents, aligning with city requirements while enabling higher overall density and revenue potential.

What Parking And Layout Mean For Site Efficiency

Subterranean parking will provide 43 spaces, freeing up the above-ground footprint for residential use and improving the street-level experience. This approach maximizes usable space while maintaining a clean urban design that integrates well with the surrounding neighborhood.

What Location Means for Long-Term Demand

The site sits just south of Santa Monica Boulevard in Hollywood, an area seeing continued multifamily infill activity. Nearby developments further reinforce the corridor’s growth. Strong location fundamentals combined with new supply continue to support rental demand in this part of Los Angeles.

What This Project Means For Investors

This development reflects ongoing demand for well-designed multifamily housing in urban infill locations. Projects that combine density incentives with thoughtful design can enhance returns. For investors and landlords, this highlights how design, location, and policy tools like density bonuses can drive value in competitive markets.