Thrive Living Stacked Modular Units in East Hollywood

The seven-story affordable housing complex at 1141 N. Vermont Avenue is now under construction.

Updated on Sept. 28, 2026 in Apartments

Thrive Living Stacked Modular Units in East Hollywood

Live Poll

Do you believe new large-scale housing developments improve your neighborhood's quality of life?

Thrive Living has begun stacking modular units for a new seven-story, 290-unit affordable housing development in East Hollywood. Located at 1141 N. Vermont Avenue, the project is designed for households earning up to 80 percent of the area median income.

Why it matters

The development utilizes streamlining provisions from the city's Executive Directive 1 to expedite the creation of essential affordable housing in a dense urban corridor. This approach reflects a broader effort to address housing shortages by leveraging modular construction technology.

The seven-story building features 290 apartment units designated for residents earning up to 80 percent of the area median income. The project was financed through a $65 million construction loan secured last year.

The players

Thrive Living

This is a real estate development firm focused on delivering large-scale housing projects using modular construction methods.

The details

The complex will include a rooftop deck, a community room, and landscaped outdoor spaces to support resident well-being. Construction of the site, which is situated near the Vermont/Santa Monica Station, began eight months ago.

Construction at the project site commenced in January 2026.
Thrive Living secured a $65 million construction loan in 2025.

Apartments
Sept. 22
Los Angeles Approved $467 Million for Housing
Apartments
Sept. 29
Mid-City Apartment Project Framing Completed
Construction
Sept. 23
RBM of California Finished Sawtelle Residential Project

Culture Shift

This development follows the precedent set by Executive Directive 1, which aims to accelerate the delivery of affordable housing through expedited permitting. It marks a broader shift toward adopting modular construction to meet critical density demands in major metropolitan areas.

Residents in East Hollywood will see the addition of 290 affordable housing units once the project is completed, potentially increasing transit-oriented living options near the Vermont/Santa Monica Station. The use of modular construction aims to minimize the traditional timeline of large-scale residential projects in the neighborhood.

The takeaway

Modular construction allows developers to rapidly assemble complex, multi-story buildings that provide significant housing capacity in high-demand urban areas. Prospective residents should monitor local housing authority updates for information on income-restricted leasing opportunities as completion nears.