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97 affordable homes are being built in Hollywood, Los Angeles.
Projects with obtained permits and construction completed.
Lexington Ave
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Location
Los Angeles, California
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Type of Building
Affordable House
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Schedule
Project Start: Q2 2025
In Hollywood, Los Angeles—where people from around the world gather in pursuit of their dreams—Lexington Apartments is a newly completed residential project that offers a high-quality lifestyle at an affordable price.
Located on Lexington Avenue, the project was successfully delivered through a fully integrated process, from securing development permits to arranging financing and construction loans.
The allure of Hollywood
Hollywood, the setting for this project, offers a multifaceted appeal that extends far beyond its identity as a global tourist destination. While world-renowned landmarks such as the Walk of Fame, the Chinese Theatre, and the Dolby Theatre are all within walking distance, the area is also home to vibrant local communities characterized by street art, vintage shops, and an inclusive, LGBTQ+-friendly culture.
With a large population of young individuals in their teens and twenties pursuing their ambitions, and a well-established room-sharing culture, Hollywood demonstrates particularly strong demand for affordable housing.
This project directly responds to the needs of the area, which, in addition to being a global center of the entertainment industry, is experiencing significant growth in the startup and technology sectors—creating a dynamic environment where business and daily life naturally intersect.
Project Overview: 97 units, diverse floor plans
Lexington Apartments is a 100% affordable, five-story, 97-unit residential community located just two blocks north of the historic Hollywood Forever Cemetery.
The unit mix includes:
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Studios: 25 units
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One-bedroom units: 53
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Two-bedroom units: 18
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Three-bedroom units: 1
With a site area of 15,000 sq ft and a total building area of 48,681 sq ft, the project provides a thoughtfully designed living environment that accommodates a diverse range of households, from individuals to families.
Developed in accordance with the Los Angeles Mayor’s Executive Directive 1, the project maximizes incentives for increased housing density and has attracted significant attention as a potential solution to the region’s housing supply challenges.
Design—Architectural beauty that blends into the city
The building’s design emphasizes a human-scale approach within a residential neighborhood, fostering a harmonious presence within the surrounding community. The street-facing façade is articulated into three distinct volumes through recessed balconies, creating visual depth and rhythm. The interplay of a gable roof facing Lexington Street and another rotated 90 degrees introduces architectural complexity, while a dynamic window pattern with varied colors lends the building a rich and expressive character.
From a functional standpoint, the project enhances everyday living through thoughtfully curated amenities, including a comfortable lobby lounge, a ground-floor courtyard, and laundry facilities on each residential level. Altogether, the project achieves a refined balance between convenience and residential comfort.
About MDNI GROUP
MDNI Group, the developer behind this project, is a Los Angeles–based real estate development firm. The company has built a strong track record, with total assets exceeding $100 million, more than 1,500 completed projects, over 600 units currently under construction, and more than 4,000 units in the entitlement process.
MDNI Group’s strengths are rooted in three key areas. First, with the majority of its projects concentrated in the Los Angeles area, the firm has developed deep insight into the local market and maintains strong relationships with local partners. Leveraging its extensive network, including connections within the Jewish community, MDNI is able to access investment opportunities that may be difficult for Japanese firms to secure independently.
Second, the company’s in-house general contracting capabilities enable more effective control over construction costs and timelines compared to projects that rely on external contractors.
Third, MDNI’s strong capital-raising capabilities allow it to enhance financing terms and improve the likelihood of loan approvals by utilizing its own assets as additional collateral.
summary
Located in one of Los Angeles’s most vibrant areas, this affordable housing project achieves a successful balance between meaningful community contribution and strong investment potential.
MDNI Group remains committed to developing real estate projects with significant social impact. For inquiries regarding participation in similar projects or for further information, please feel free to contact us.
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