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<\/a><\/p>\nRendering:\u00a0SVA Architects<\/a><\/em><\/p>\n Student housing is generally regarded as a safe investment. Sure, there might be some wear and tear from one too many pregames, but overall it\u2019s less susceptible to changes in the market. If you\u2019re looking to diversify your portfolio, keep an eye on 1069 West Exposition Boulevard, a proposed mixed-use development from Mosaic Student Communities<\/a>.<\/span><\/p>\n Rendering:\u00a0SVA Architects<\/a><\/em><\/p>\n Architectural plans <\/span>submitted to Los Angeles City Planning<\/span><\/a> last week present a seven-story, 53-unit building with over 1,000 square feet of ground-floor retail. The development company, a subsidiary of Mosaic Investment Partners, is seeking a number of incentives in exchange for providing affordable housing.\u00a0<\/span><\/p>\n According to the application, the project will be \u201cappropriate for students and families,\u201d although its proximity to the USC campus is guaranteed to make it popular among the former. Six units will be reserved for extremely low-income households, while the market-rate units will feature two-, three- and four-bedroom floorplans.<\/p>\n Rendering:\u00a0SVA Architects<\/a><\/em><\/p>\n A total of 25 parking spaces will be available on the ground floor. The development is located across the street from the Expo\/Vermont Metro E Line station, making it easy for residents to get around without owning a vehicle.<\/p>\n Rendering:\u00a0SVA Architects<\/a><\/em><\/p>\n The community will boast a lobby, fitness center, study room and an open-air, second-level amenity deck with lounge seating, a game zone, barbecues, fire table and art wall. A two-tier roof deck will feature study pods, hightop bar seating, a fire table and oversized planters.<\/p>\n Rendering:\u00a0SVA Architects<\/a><\/em><\/p>\n Renderings depict a multi-color building clad in smooth plaster, board-formed concrete and metal panels. Designed by SVA Architects<\/a>, the modern exterior will be punctuated by balconies with steel mesh railings and bronze-finished vinyl windows.<\/p>\n<\/a><\/p>\n<\/a><\/p>\n<\/a><\/p>\n<\/a><\/p>\n