Paul Tran pitches 222-unit apartment complex in Mid-Wilshire

A Lakewood developer wants to build a 222-unit apartment complex in Mid-Wilshire.

A limited liability company led by Paul Tran has filed plans to build the eight-story building at 4201 West Pico Boulevard, Urbanize Los Angeles reported. It would replace some commercial storefronts.

Plans by 4201 Pico Investment call for 222 studio, one-, and two-bedroom apartments above an unspecified amount of ground-floor shops. A ground-level and basement garage would serve 170 cars.

Tran would employ density bonus incentives to permit a larger building than zoning rules allow in exchange for 35 affordable apartments for very low- and moderate-income households.

The ocher and white project, designed by locally based Asulon Architecture & Design, would include external balconies, a central courtyard and a rooftop deck, according to a rendering.

A cost and timeline for its development were not disclosed.

The building site is across the street from the Amani Apartments, a 54-unit senior affordable housing complex completed in 2022 by Wakeland Housing and Development, according to Urbanize.

Tran, an entrepreneur, has founded numerous real estate-related companies, including 4201 Pico Investment, based at the same Lakewood address, according to state business records.— Dana Bartholomew