Valley Village Project Adds 25 Apartments Near G Line

Three of the 25 planned units would be set aside for extremely low-income renters if city incentives are approved.

Updated on Nov. 2, 2026 in Apartments

Valley Village Project Adds 25 Apartments Near G Line

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VLI Holding, LLC has filed an application with the Los Angeles Department of City Planning for a six-story building with 25 one-, two-, and three-bedroom apartments at 5414 Bellingham Avenue in Valley Village. Three of the units would be set aside for extremely low-income renters.

Why it matters

For Los Angeles renters, a project that pairs new apartments with units reserved for extremely low-income households adds to the city's limited affordable stock, and the parking plan of just two vehicles signals a site designed around transit rather than car ownership. The request for city development incentives that allow a larger building than otherwise permitted is the mechanism that brings the affordable units into the project.

The proposal is a six-story building with 25 one-, two-, and three-bedroom apartments and parking for two vehicles, on an empty lot two blocks west of the G Line's Laurel Canyon Station. Three of the units would be reserved for extremely low-income renters in exchange for the requested city incentives.

The players

VLI Holding, LLC

The applicant company seeking to build the six-story, 25-unit project on Bellingham Avenue.

HRD Arch, Inc.

The architecture firm designing the contemporary podium-type building for the Valley Village site.

Los Angeles Department of City Planning

The city agency reviewing the application and the requested development incentives for the project.

The details

VLI Holding, LLC submitted the application to the Los Angeles Department of City Planning, asking for city development incentives that would permit a larger building than the zoning otherwise allows on the property. HRD Arch, Inc. is designing a contemporary podium-type building for the site. In return for the larger envelope, three apartments would be set aside for extremely low-income renters, while the remaining units would be market-rate rentals.

Application filed with the Los Angeles Department of City Planning; article published November 2, 2026.

The Home Front

The project relies on the city's development incentive framework, which trades added building height for income-restricted apartments. It sits along the G Line busway, where a $668-million Metro project to speed travel times is currently underway.

If you rent in Valley Village or near the G Line, watch the city planning process for this project and consider whether affordable set-aside units fit your budget. Renters on income-restricted waitlists should ask property managers about future openings near the busway.

The takeaway

Projects that trade extra height for affordable units can add housing near transit, and the three set-aside apartments here show how the incentive works in practice. Keep an eye on the planning application if you are looking for a unit near the Laurel Canyon Station.