Streetlamp Partners has filed an application with the Los Angeles Department of City Planning to develop a new residential project in Echo Park, adding ten three-story townhomes to the local housing supply.
The proposed development, located at 1467 Ridge Way, would consist entirely of two-bedroom townhomes. According to plans submitted by project designer BuildCasa and reported by Urbanize Los Angeles, the project will be situated on a lot spanning approximately 15,000 square feet. Notably, the developer intends to retain one existing single-family home on the site. The property was acquired in the middle of last year for roughly $2 million.
A Pattern of Small-Scale Development
This proposal is part of a broader expansion effort by Streetlamp Partners across several Los Angeles neighborhoods. According to the firm’s website, the developer is currently managing several other similar projects:
- Echo Park: Four units on Reservoir Street and six units on Bellevue Avenue.
- Hollywood: Four units on June Street.
- Culver City: Three units on Delmas Terrace.
The Broader Housing Crisis in Los Angeles
The timing of this project comes as Los Angeles struggles to meet state-mandated housing production targets. The city is currently in a housing element planning cycle that requires the planning of 456,643 new units between October 2021 and October 2029.
However, progress remains slow. As previously reported by The Real Deal, the city had issued permits for 81,306 units as of the end of last year—representing just 17.8 percent of its state-mandated goal.
A Bright Spot in Affordable Housing
Despite the shortfall in overall production, Los Angeles has seen significant success in the affordable housing sector. Data from RentCafe indicates that the city ranked among the top 10 cities nationwide for building affordable housing, with nearly 10,000 units erected between 2020 and 2024.
This specific segment of development is a significant driver of growth in the region, accounting for roughly 20.5 percent of all apartment construction in the L.A. Metro area during those years.
Looking Ahead
The approval of the 1467 Ridge Way project could provide a small but necessary addition to the city’s residential stockpile. If the Los Angeles Department of City Planning grants the requested approvals, the project may serve as a template for further infill development in the Echo Park area. The city’s ability to meet its 2029 mandate will likely depend on whether more developers pursue similar multi-unit projects to bridge the gap in state-mandated goals.
