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]

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.

In 2018, the property was acquired by Related Companies, which purchased it from Aimco.^[2]

• Official website