Rose Equities and Garden Communities have received approval from the Torrance City Council to develop a 272-unit apartment complex at 2325 Crenshaw Boulevard, replacing the existing Los Angeles County Department of Children and Family Services office building.
Project Overview:
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Development Name: Torrance Del Amo
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Location: 2325 Crenshaw Boulevard, Torrance, CA
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Site Area: 5.5 acres
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Number of Units: 272 apartments in the South Bay – Studio, one-, two-, and three-bedroom options
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Affordable Housing: 28 units designated for very low-income households
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Parking: Two-level garage accommodating 467 vehicles
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Design and Amenities:
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Architectural Firm: Moore Ruble Yudell Architects & Planners
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Building Structure: Four buildings, ranging from four to five stories
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Layout: Linear apartment configurations separated by courtyards
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Design Features:
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Lantern-like gable roofs
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Syncopated balconies
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White plaster and stone cladding
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Louvers for balcony shading
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Amenities: Swimming pool
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Construction Timeline:
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Duration: Approximately 30 months
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Status: Pending commencement
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Developer Profiles:
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Rose Equities: A Beverly Hills-based firm with a portfolio exceeding 5,000 units in Orange and Los Angeles counties.
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Garden Communities: The property management division of the Wilf family’s New Jersey-based Garden Homes, managing over 50,000 apartments and 25 million square feet of commercial space.
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Takeaways for Multifamily Investors:
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Strategic Location: The Torrance Del Amo project is situated in a prime area, replacing outdated office space with modern residential units, aligning with current housing demands. This exemplifies a changing case for highest and best use.
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Affordable Housing Integration: Inclusion of 28 very low-income units demonstrates a commitment to community needs and compliance with density bonus incentives.
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