Venice Apartment Project Targets Low-Income Housing

A new proposal aims to replace single-family homes with 12 residential units in the Venice neighborhood.

Updated on Oct. 30, 2026 in Apartments

Bold vector editorial illustration of a modern four-story residential building facade with balconies and terracotta-toned stucco, reflecting new urban housing density. — Developers have filed plans with Los Angeles city officials to replace two single-family homes in Venice with a 12-unit residential complex. AI Illustration. Upload story photo >

Live Poll

Should your community replace single-family homes with apartment buildings to increase housing supply?

Developers have filed an application with the Los Angeles Department of City Planning to replace two single-family homes in Venice with a four-story apartment building. The project includes 12 residential units, with two designated as low-income housing.

Why it matters

This development is part of a broader push to address the regional housing squeeze by increasing density and supply. It supports municipal efforts to reach state-mandated housing targets by 2029.

The proposed building at 2315 South Oakwood Avenue features 12 units and parking for eight vehicles. The developer is seeking density bonus incentives to permit a larger structure than normally allowed by zoning rules.

The players

2317 Oakwood LLC

This entity is the developer behind the proposed apartment building in the Venice neighborhood.

Los Angeles Department of City Planning

This agency is the municipal department responsible for reviewing and processing land-use and development applications.

The details

The plan for 2315 South Oakwood Avenue calls for a four-story building to replace two single-family homes. The developer is seeking density bonus incentives, a common tool used by municipalities to encourage the inclusion of affordable housing units in new construction.

The application for 2315 South Oakwood Avenue was filed on October 30, 2026.
The City of Los Angeles must meet its housing plan goals by 2029.

Culture Shift

This project follows a pattern set by the state-mandated housing goal for Los Angeles, which requires the city to facilitate the construction of 456,643 new units by 2029. The proposal underscores a shift toward higher-density infill development in established neighborhoods.

Residents should anticipate increased density in the neighborhood if the project is approved. The addition of low-income units represents a specific effort to integrate affordable housing into the current housing stock.

The takeaway

Urban redevelopment projects are increasingly utilizing density bonuses to include affordable units. Property owners and neighbors should monitor local planning filings to understand potential changes to their immediate housing landscape.