Van Nuys Apartments

The apartments were developed by their namesake – Isaac Newton Van Nuys – in 1913 as a financial center in the heart of Los Angeles. The building was designed by the architecture firm Morgan, Walls & Clements, who designed other notable landmarks such as the Mayan Theater, El Capitan Theater, and The Citadel.[1] The 26,528 sq ft (2,464.5 m²) building features an 11-story steel frame with masonry-clad walls; its primary facades facing Spring street and 7th street.

Upon its opening, First National Bank occupied the entire first floor and basement of the building, while Dean Witter & Company, Merrill Lynch, and other financial services firms occupied offices in the upper floors. The building served as a bank and office building until the late 1970s.

In 1982 the building was converted into a 299-unit residential complex reserved for low-income senior citizens via funds from the HUD and CRA/LA. The conversion also included rehabilitation, and the creation of 13,000 sq ft (1,200 m²) of retail space on the ground floor. The basement was converted into parking.

The L.A. Conservancy has deemed the Van Nuys Apartments building a historic landmark.[2]

Recently the Van Nuys Apartments underwent a $47.97 million renovation. The renovation focused on restoration of the historic elements (primarily on the exterior of the building), remodeling of the units’ interiors, and repair of the building’s rooftop. Approximately $50,000 of hard cost per unit was spent on remodeling the interiors of each of the 134 studios, 155 one-bedroom, and 10 two-bedroom apartments.

The Van Nuys apartment community is a HUD subsidized, project-based Section 8 property; catering to seniors over 62 years of age and individuals with disabilities.[2] The property features on-site security 24 hours per day and a recreation room.

In addition to the 299 residential units, the building also features 5 commercial spaces. Versalles Beauty Salon and Super Collection clothing are 2 of the current tenants.

• AIMCO
• AIMCO Apartments
• HUD