A developer has proposed a new transit-oriented development that would include both residential and commercial space at the site of the shuttered Galaxy Car Wash at 12444 Chandler Blvd. in Valley Village.
Developer Jerry Levy of Beverly Hills has filed plans with the city planning commission for a five-story, 70-unit apartment building with 1,750 square feet of ground-floor retail on the site. The development, with 80 parking spaces, will be geared toward families who want to live in the neighborhood that is home to several Jewish temples and Valley Torah High School, said Ellia Thompson, a land use attorney at Sklar Kirsh LLP in Los Angeles, who is representing Levy on the project.
“We have teamed up with GMPA Architects (of Los Angeles) on a beautiful design, with probably a coffee shop at the corner of Whitsett and Chandler. It’s a very pedestrian-friendly, vibrant neighborhood so it feels right to have it be a neighborhood gathering spot,” Thompson said.
The project will include nine affordable-housing units and will comprise one- and two-bedroom apartments with vehicle access off a back alley so no street parking will be lost in front of the building. A second-floor rooftop deck, perhaps with a pool, is in the proposed design, she said.
Levy acquired the property last December for $3.65 million, or about $866 a square foot, according to real estate data provider CoStar Group Inc. Stacy Vierheilig-Fraser, a Charles Dunn Co. broker in Sherman Oaks, marketed the site of the old car wash for $3.35 million and said it generated a flurry of interest due to the size of the lot and its location adjacent to the Orange Line busway.
“I had 19 offers and could have gotten more, but a lot decided not to (submit offers) knowing how many I had,” Vierheilig-Fraser said.
Levy’s proposal will go through the city’s site plan review and public hearing process before it can be considered by the citywide planning commission.