Webto qualify as a 100% affordable housing project under the city of los angeles’ streamlined treatment, a studio can go for roughly $1,800. Compare that to a traditional. Webon a lot in l. a. ’s echo park neighborhood, developers planned to construct an apartment building with 38 luxury units. Webthe project, planned directly north of the japanese american national museum, calls for the construction of two buildings featuring a combined total of 248.