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AWARDS & ACHIEVEMENTS

  • Best Renovated or Restored Residential Project

Olive Street Preservation

ADDRESS

740 Olive Street
Los Angeles, CA  90014

PROPERTY CONTACT

CONTACT US CONTACT US

​​​​​Located in the historic core of Downtown Los Angeles, Olive Street Preservation is the restoration of a HUD-assisted senior housing complex that was originally built in 1922 as a Pacific Bell office building.  Related renewed the Section 8 Contract with HUD and financed the restoration with an FHA loan along with low income housing tax credits.  The result is the restoration of a Downtown landmark to its historic beauty while preserving much needed affordable housing in a rapidly gentrifying market.


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AWARDS & ACHIEVEMENTS

  • Best Renovated or Restored Residential Project

PROPERTY TYPE

Affordable Apartments, Transit-Oriented Development

COMPLETION DATE

2007

CONSTRUCTION COMPANY

​Portrait Construction

ARCHITECT

​Musser Architects, Killefer Flammang Architects​

NUMBER OF UNITS

309