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Van Nuys Apartments

Coordinates: 34°2′40″N 118°15′10″W / 34.04444°N 118.25278°W / 34.04444; -118.25278
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Van Nuys Apartments
Van Nuys Apartments is located in California
Van Nuys Apartments
Location of Van Nuys Apartments in California
Location210 West 7th Street
Los Angeles, CA 90014
Coordinates34°2′40″N 118°15′10″W / 34.04444°N 118.25278°W / 34.04444; -118.25278
Built1913
ArchitectMorgan, Walls, and Clements
Architectural style(s)Renaissance Revival architecture

The Van Nuys Apartments is an apartment building in Los Angeles, California, United States. It consists of 299 apartments and 5 retail stores. It is a HUD subsidized, project-based Section 8 property; catering to seniors over 62 years of age and individuals with disabilities. The 26,528 sq ft (2,464.5 m2) building features an 11-story steel frame with masonry-clad walls; its primary facades facing Spring street and 7th street.

History

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The apartments were developed by their namesake – Isaac Newton Van Nuys – in 1913 as a financial center in the heart of Los Angeles. The building was designed by the architecture firm Morgan, Walls & Clements, who designed other notable landmarks such as the Mayan Theater, El Capitan Theater, and The Citadel.[1]

Upon its opening, First National Bank occupied the entire first floor and basement of the building, while Dean Witter & Company, Merrill Lynch, and other financial services firms occupied offices in the upper floors. The building served as a bank and office building until the late 1970s.

In 1982, the building was converted into a 299-unit residential complex reserved for low-income senior citizens via funds from the HUD and CRA/LA. The conversion also included rehabilitation, and the creation of 13,000 sq ft (1,200 m2) of retail space on the ground floor. The basement was converted into parking.

In 2018, the property was acquired by Related Companies, which purchased it from Aimco.[2]

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References

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  1. ^ "Van Nuys Apartments, Los Angeles | 156809". Emporis. Archived from the original on July 30, 2012.{{cite web}}: CS1 maint: unfit URL (link)
  2. ^ Lynch, Dennis (April 26, 2018). "Related takes over nearly 8K affordable units across US from Aimco". The Real Deal.