Trending...
- California: Three years after the end of Roe, Governor Newsom, First Partner sound the alarm on Trump's "Big, Beautiful" plan to defund Planned Parenthood - 114
- Ascent Solar Technologies Enters Collaborative Agreement Notice with NASA to Advance Development of Thin-Film PV Power Beaming Capabilities: ASTI
- California awards over $15 million to apprenticeship programs connecting youth to high-paying jobs
M1 is the largest apartment development in Silver Lake in the last 10 years
LOS ANGELES - Californer -- California Landmark Group has completed the 100-unit M1byCLG ("M1"), the largest multifamily development in Los Angeles' Silver Lake submarket since 2015
M1 represents California Landmark's entry into one of Los Angeles's most trendy neighborhoods known for its eclectic mix of boutique shops and artisan restaurants. Despite its popularity, Silver Lake suffers from a supply/demand imbalance with the majority of the multifamily inventory consisting of small, older buildings lacking today's modern amenities, according to Ari Kahan, head of acquisitions and development for CLG.
"It was important that our design fit within the fabric of this architecturally significant region of Los Angeles," said Kahan. "M1's classic industrial design, pays homage to historic Silver Lake and is reminiscent of the original manufacturing buildings constructed here in the early 1900's. The property has been well received by the community which is reflected in the tremendous leasing velocity we have experienced," he said.
More on The Californer
To ensure the authenticity of the exterior structure CLG worked with PK Architecture to include oversized manufacturing-style windows, exterior standpipes and traditional fire escapes. The unit mix includes junior and traditional one-, two- and three-bedroom floorplans along with several co-living suites. Each apartment home features floor-to-ceiling windows, stone countertops, stainless steel appliances, in-unit washer and dryers, walk-in showers and private patios. Common area amenities include a fitness center, co-working space and a roof-top deck with pool and spa, barbecues, and unobstructed views of the Hollywood Hills. The six-story structure is built over a subterranean garage with parking, and a lobby that pays homage to Herman Silver, the former chairman of the Los Angeles Water Commission whose idea was to create a reservoir surrounded by homes and parks that is now Silver Lake.
Located at 1221 Myra Avenue on the southwest corner of Fountain Avenue, M1 is within walking distance to Sunset Junction, considered the heart of Silver Lake, with its many restaurants and cafes, shopping and entertainment venues. It is also within a 10-mile drive of the major job centers of downtown Los Angeles, Pasadena, and Century City. M1 is also served by the nearby Vermont/Sunset station on the Metro B Line that runs between North Hollywood and downtown Los Angeles, with connections throughout the Greater Los Angeles metro.
More on The Californer
Silver Lake boasts an inventory of approximately 7,500 rental units with the majority built in the 1950s. M1 is the largest multifamily development to be delivered to the market since 2015, according to data from CoStar.
M1 is currently 60% leased.
ABOUT CALIFORNIA LANDMARK
California Landmark Group (http://www.californialandmark.com), based in Los Angeles, has a current portfolio of several million square feet of residential and commercial space including in excess of 3,000 apartment units (leased or in development) as well as office, retail and industrial projects throughout Southern California.
M1 represents California Landmark's entry into one of Los Angeles's most trendy neighborhoods known for its eclectic mix of boutique shops and artisan restaurants. Despite its popularity, Silver Lake suffers from a supply/demand imbalance with the majority of the multifamily inventory consisting of small, older buildings lacking today's modern amenities, according to Ari Kahan, head of acquisitions and development for CLG.
"It was important that our design fit within the fabric of this architecturally significant region of Los Angeles," said Kahan. "M1's classic industrial design, pays homage to historic Silver Lake and is reminiscent of the original manufacturing buildings constructed here in the early 1900's. The property has been well received by the community which is reflected in the tremendous leasing velocity we have experienced," he said.
More on The Californer
- Long Beach to Conduct Annual Summer Recess for City Council Meetings During July
- Plan to Launch Silo Technologies' Cybersecurity Pilot Program for Ultimate Nationwide Deployment via Exclusive Partnership: Stock Symbol: BULT
- Robert Michael & Co. Real Estate Team Celebrates Industry Recognition and Showcases Premier Central Florida Listings
- Montessori Stoppani Partners with Lifetime Montessori School
- Cymbiotika Celebrates 2025 Great Place To Work Certification™
To ensure the authenticity of the exterior structure CLG worked with PK Architecture to include oversized manufacturing-style windows, exterior standpipes and traditional fire escapes. The unit mix includes junior and traditional one-, two- and three-bedroom floorplans along with several co-living suites. Each apartment home features floor-to-ceiling windows, stone countertops, stainless steel appliances, in-unit washer and dryers, walk-in showers and private patios. Common area amenities include a fitness center, co-working space and a roof-top deck with pool and spa, barbecues, and unobstructed views of the Hollywood Hills. The six-story structure is built over a subterranean garage with parking, and a lobby that pays homage to Herman Silver, the former chairman of the Los Angeles Water Commission whose idea was to create a reservoir surrounded by homes and parks that is now Silver Lake.
Located at 1221 Myra Avenue on the southwest corner of Fountain Avenue, M1 is within walking distance to Sunset Junction, considered the heart of Silver Lake, with its many restaurants and cafes, shopping and entertainment venues. It is also within a 10-mile drive of the major job centers of downtown Los Angeles, Pasadena, and Century City. M1 is also served by the nearby Vermont/Sunset station on the Metro B Line that runs between North Hollywood and downtown Los Angeles, with connections throughout the Greater Los Angeles metro.
More on The Californer
- Long Beach: LA28 Announces Finalized Sailing Venue Plan for 2028 Olympic Games
- Britt Michaelian Brings Transformative Art & Wellness to The Ecology Center's Peace Dome
- Individual Software Announces New Versions of its Four Typing Programs in 2025
- California: Governor Newsom urges safety this Fourth of July after 600,000 pounds of illegal explosives seized
- AI-Based Neurotoxin Countermeasure Initiative Launched to Address Emerging National Security Needs: Renovaro, Inc. (N A S D A Q: RENB)
Silver Lake boasts an inventory of approximately 7,500 rental units with the majority built in the 1950s. M1 is the largest multifamily development to be delivered to the market since 2015, according to data from CoStar.
M1 is currently 60% leased.
ABOUT CALIFORNIA LANDMARK
California Landmark Group (http://www.californialandmark.com), based in Los Angeles, has a current portfolio of several million square feet of residential and commercial space including in excess of 3,000 apartment units (leased or in development) as well as office, retail and industrial projects throughout Southern California.
Source: California Landmark Group
Filed Under: Real Estate
0 Comments
Latest on The Californer
- California: El Gobernador Newsom firma un presupuesto estatal equilibrado que reduce los impuestos a los veteranos, financia completamente las comidas escolares gratuitas, construye más viviendas y crea empleos
- California: Governor Newsom signs balanced state budget that cuts taxes for vets, fully funds free school meals, builds more housing, & creates jobs
- California: Governor Newsom announces appointments 6.27.25
- NYC Leadership Strategist Stacie Selise Launches Groundbreaking 4S Framework Series to Redefine Executive Excellence
- Baby Boomer Housing Trend: Big Homes Out, Simplicity In
- Governor Newsom slams Trump over bill that would cut millions in health coverage, food assistance for California
- Jamison & Tania Events Wins Dual California Wedding Day Magazine "Best of 2025" Awards
- California invests billions of dollars to fix roads with "gas tax," expand bus and train service
- Long Beach: City Offering Space Beach Youth Workforce Summer Camp to Inspire Next Generation of Aerospace Professionals
- Make Innovation Matter: Support H.R.1's R&D Expensing Relief for American Small Businesses
- California: Governor Newsom statement on nationwide injunctions
- City of Long Beach Facilities and Services Schedule for Independence Day
- Agreement to Supply US-Based Defense Provider with Thin-Film Solar Tech for Orbital Application; Ascent Solar Technologies, Inc. (N A S D A Q: ASTI)
- Introducing The AI Bleederboard™
- Aviator Nation Launches Exclusive MLB Capsule Collections
- Byrd Davis Alden & Henrichson Launches Independence Day Safe Ride Initiative with 500 Free Uber Credits
- PriceSmart Announces Change to Previously Scheduled Conference Call
- Official Promo For 'The Ambony' Unveiled Ahead Of July 1st Launch
- TOMORROW: Governor Newsom to respond to Trump's Big Ugly Bill, outline devastating hit to Californians' health care
- Work + Wellness? It Is Possible: