Los Angeles, CA, July 14, 2026 —

Samuelian Group has finalized the acquisition of a development site in the Silver Lake neighborhood of Los Angeles for approximately $5.3 million. The company intends to utilize the property to construct a new affordable housing development.

The project, slated to feature 105 residential units, will be located at 835 North Hyperion Avenue. This acquisition marks a step forward in the company’s commitment to developing affordable housing options in the area.

Construction on the site is already in progress. Further details regarding the project timeline, design specifics, or the total anticipated cost beyond the land acquisition were not immediately available.



Story summarized from the original created by TRD Staff on therealdeal.com, see more information here.

Media gallery

About The Author