97 Affordable Homes Emerge in Los Angeles Hollywood
MDNI GROUP has completed the 'Lexington Apartment,' a 97-unit affordable housing project in Los Angeles, Hollywood. This project aims to serve young people pursuing dreams and diverse households, balancing community contribution with investment returns.
📋 Article Processing Timeline
- 📰 Published: May 9, 2026 at 05:37
- 🔍 Collected: May 8, 2026 at 21:02
- 🤖 AI Analyzed: May 8, 2026 at 21:25 (22 min after Collected)
Lexington Ave
Development Location: Los Angeles, California
Building Type: Affordable Housing
The city of Hollywood, Los Angeles, California, where people from all over the world gather to pursue their dreams, now has a housing project that realizes quality living at an affordable price. Its name is 'Lexington Apartment.'
Located on Lexington Ave, the project successfully completed after obtaining development permits, securing financing, and arranging loans.
The Appeal of Hollywood's Location
Hollywood, the stage for this project, is an area with multifaceted appeal that goes beyond being just a tourist destination. While world-renowned landmarks like the Walk of Fame, Chinese Theatre, and Dolby Theatre are within walking distance, it also boasts a vibrant local community rooted in street art, vintage shops, and LGBTQ+ friendly culture.
This city, where many young people in their teens and twenties gather to chase their dreams and a roommate culture is well-established, is one of the areas with particularly high demand for affordable housing.
Beyond being the center of the entertainment industry, Hollywood is also experiencing remarkable growth in startups and technology sectors. This project directly addresses the demand in this region where business and living environments naturally coexist.
Project Overview — 97 Units, Diverse Floor Plan Configurations
Lexington Apartment is a 5-story, total of 97 units, 100% affordable housing project located just two blocks north of the historic Hollywood Forever Cemetery.
The floor plan configurations are as follows:
Studio: 25 units
1 Bedroom: 53 units
2 Bedrooms: 18 units
3 Bedrooms: 1 unit
With a site area of 15,000 sq ft and a construction area of 48,681 sq ft, a living environment has been created to accommodate a wide range of households, from singles to families.
Based on Los Angeles Mayor's Executive Directive 1, the design maximized incentives for increasing housing density, attracting widespread attention as a solution to the region's housing supply challenges.
Design — Architectural Beauty Blending with the City
The building's design emphasizes a human scale appropriate for a residential area. The facade facing the street is divided into three blocks by recessed balconies, creating visual depth and rhythm. The combination of a gable roof facing Lexington Avenue and another gable roof rotated 90 degrees creates architectural complexity, while dynamic window patterns with varying colors give the entire building a rich expression.
In terms of functionality, amenities that enrich daily life have been enhanced, including a cozy lobby lounge, a ground-floor courtyard, and laundry facilities on each residential floor. This project achieves a high level of both convenience and residential comfort.
About MDNI GROUP
MDNI GROUP, which undertook this project, is a Los Angeles-based real estate development company. The group boasts an extensive track record with total assets of $100 million, over 1,500 completed projects, more than 600 units currently under construction, and over 4,000 total entitled units.
MDNI's strengths are broadly threefold. First, the majority of its projects are concentrated in the LA area, demonstrating a deep understanding of the local market and extensive relationships with local businesses. By leveraging its Jewish network, it can access properties that might be difficult for Japanese companies to approach alone. Second, having an in-house general contractor function allows for more favorable cost and schedule management compared to external outsourcing.
And third, a significant feature is its high financing capability, which enhances loan conditions and execution certainty by providing self-owned properties as additional collateral.
Summary
An affordable housing project that achieves both contribution to the local community and investment returns in one of Los Angeles' most vibrant areas.
MDNI will continue to engage in socially significant real estate development projects like this. For inquiries about participating in similar projects or for more details, please feel free to contact MDNI.
Contact Information
MDNI GROUP
12925 RIVERSIDE DR, STE 302, SHERMAN OAKS, CA, 91423
lisahanayama@mdnigroup.com
323-919-8761
https://www.mdnigroup.com/
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Keywords:
Development Location: Los Angeles, California
Building Type: Affordable Housing
The city of Hollywood, Los Angeles, California, where people from all over the world gather to pursue their dreams, now has a housing project that realizes quality living at an affordable price. Its name is 'Lexington Apartment.'
Located on Lexington Ave, the project successfully completed after obtaining development permits, securing financing, and arranging loans.
The Appeal of Hollywood's Location
Hollywood, the stage for this project, is an area with multifaceted appeal that goes beyond being just a tourist destination. While world-renowned landmarks like the Walk of Fame, Chinese Theatre, and Dolby Theatre are within walking distance, it also boasts a vibrant local community rooted in street art, vintage shops, and LGBTQ+ friendly culture.
This city, where many young people in their teens and twenties gather to chase their dreams and a roommate culture is well-established, is one of the areas with particularly high demand for affordable housing.
Beyond being the center of the entertainment industry, Hollywood is also experiencing remarkable growth in startups and technology sectors. This project directly addresses the demand in this region where business and living environments naturally coexist.
Project Overview — 97 Units, Diverse Floor Plan Configurations
Lexington Apartment is a 5-story, total of 97 units, 100% affordable housing project located just two blocks north of the historic Hollywood Forever Cemetery.
The floor plan configurations are as follows:
Studio: 25 units
1 Bedroom: 53 units
2 Bedrooms: 18 units
3 Bedrooms: 1 unit
With a site area of 15,000 sq ft and a construction area of 48,681 sq ft, a living environment has been created to accommodate a wide range of households, from singles to families.
Based on Los Angeles Mayor's Executive Directive 1, the design maximized incentives for increasing housing density, attracting widespread attention as a solution to the region's housing supply challenges.
Design — Architectural Beauty Blending with the City
The building's design emphasizes a human scale appropriate for a residential area. The facade facing the street is divided into three blocks by recessed balconies, creating visual depth and rhythm. The combination of a gable roof facing Lexington Avenue and another gable roof rotated 90 degrees creates architectural complexity, while dynamic window patterns with varying colors give the entire building a rich expression.
In terms of functionality, amenities that enrich daily life have been enhanced, including a cozy lobby lounge, a ground-floor courtyard, and laundry facilities on each residential floor. This project achieves a high level of both convenience and residential comfort.
About MDNI GROUP
MDNI GROUP, which undertook this project, is a Los Angeles-based real estate development company. The group boasts an extensive track record with total assets of $100 million, over 1,500 completed projects, more than 600 units currently under construction, and over 4,000 total entitled units.
MDNI's strengths are broadly threefold. First, the majority of its projects are concentrated in the LA area, demonstrating a deep understanding of the local market and extensive relationships with local businesses. By leveraging its Jewish network, it can access properties that might be difficult for Japanese companies to approach alone. Second, having an in-house general contractor function allows for more favorable cost and schedule management compared to external outsourcing.
And third, a significant feature is its high financing capability, which enhances loan conditions and execution certainty by providing self-owned properties as additional collateral.
Summary
An affordable housing project that achieves both contribution to the local community and investment returns in one of Los Angeles' most vibrant areas.
MDNI will continue to engage in socially significant real estate development projects like this. For inquiries about participating in similar projects or for more details, please feel free to contact MDNI.
Contact Information
MDNI GROUP
12925 RIVERSIDE DR, STE 302, SHERMAN OAKS, CA, 91423
lisahanayama@mdnigroup.com
323-919-8761
https://www.mdnigroup.com/
Keywords: