190-Unit Affordable Tower Permit Issued in the San Fernando Valley
The building uses a density bonus and a 2024 state incentive law to put nearly all of its units below market rate.
The Department of Building and Safety has issued a $18.5 million permit for a 190-unit, 100% affordable apartment building at 7004 N. Baird Ave., in the Valley’s Reseda-West Van Nuys planning area.
Why it matters
The project is a working example of how far California’s density and affordable-housing incentive stack can push a single site. The permit cites LAMC 12.22-A,25, the city’s density bonus ordinance, combined with AB 2345, the 2022 state law that raised the maximum density bonus and incentive count for 100% affordable projects. Together they let the builder put up a 6-story, 190-unit building, 188 of them low-income and one extremely low-income, over a single story of parking, on a site that would not support that density under standard zoning. For builders in the San Fernando Valley, this is a usable comp for how much a 100% affordable filing can extract from the combined density bonus and AB 2345 incentives in Council District 4.
The numbers
The building totals 118,808 square feet across six stories: five stories of Type III-A apartment construction over one story of Type I-A parking. LADBS issued the permit Oct. 21, 2026, with a declared construction valuation of $18.5 million, or roughly $97,400 per unit, a figure that reflects the applicant’s declared project value rather than total development cost. The filing requires a Cal/OSHA permit before construction begins, standard for a project of this size. The site falls in the city’s South Valley planning area, specifically the Reseda-West Van Nuys community plan.
What’s next
With the permit issued, the project can proceed to plan check and construction scheduling; LADBS records do not yet show a certificate of occupancy or construction start date. It adds to a run of large affordable filings the Valley has drawn this fall, alongside the 275-unit Reseda Boulevard project issued earlier this month. Los Angeles developers using the same density bonus and AB 2345 stack should watch how quickly this one clears plan check against its 118,808-square-foot scope.
On the record
Primary record
- PermitThe LADBS issued-permit record for 24010-10000-00210 lists the project at 118,808 square feet across 6 stories, with 188 low-income units and 1 extremely-low-income unit out of 190 total, built over one story of Type I-A parking, in Council District 4's Reseda-West Van Nuys community plan area.View the record on ladbsservices2.lacity.org
- LA City Planning, AB 2345/AB 1763 density bonus memorandumCity memo on AB 2345's expanded density bonus for 100% affordable projects