Trending

SoLa Impact plans 195-unit rental complex in Park Mesa Heights

Affordable developer’s project would add to string of multifamily projects on Crenshaw Boulevard

SoLa Impact founder and CEO Martin Muoto, whose firm plans an apartment complex in Park Mesa Heights (Google Maps, SoLa Impact)
SoLa Impact founder and CEO Martin Muoto, whose firm plans an apartment complex in Park Mesa Heights (Google Maps, SoLa Impact)

UPDATED, 7:52 a.m., Sept. 30, 2021: Affordable housing developer SoLa Impact has filed plans for a 195-unit apartment complex in Park Mesa Heights.

The project, at 4609 South Crenshaw Boulevard, is proposed as a seven-story, 80-foot-tall building. It would replace a one-story property that housed a nonprofit.

SoLa bought the property last August in an $11 million deal, according to PropertyShark. It was previously owned by Toni, Mark and Bruce Barnett, records show. SoLa did not respond to a request for comment,

Sign Up for the undefined Newsletter

The planned project is just one of the large multifamily developments coming to Crenshaw Boulevard. Earlier this month, co-living startup Treehouse Community proposed a 101-unit residential complex at 4421 South Crenshaw. Haroni Investments is also planning a 79-unit apartment building at 5144-5158 South Crenshaw.

SoLa, led by Martin Muoto and Gray Lusk, operates a $115 million Opportunity Zone fund that focuses on affordable housing and commercial centers in Compton, Watts and South L.A. It is building a multifamily project in an Opportunity Zone in Westmont. Plans for the site at 11001 South Vermont Avenue call for an 84-unit complex made of prefabricated modular units. The firm also filed plans for a 68-unit apartment complex at 4238 South Western Avenue in Vermont Square last year.

Correction: A previous version of this story provided the incorrect number of units planned for the complex.

Recommended For You