LOS ANGELES—Planet Home Living is preparing to open Gaspar, a collection of 10 single-family homes in Echo Park, on November 22. The development was built under the Los Angeles Small Lot Ordinance, and the homes, while detached, are only six inches apart. Architecture firm KTGY Group designed the development.

“The Small Lot Ordinance allows opportunities to develop a more compact footprint and maximize the lot within existing multifamily zones, all with ownership and long-term commitments to the existing neighborhood in mind,” Alan Scales, KTGY Studio director, tells GlobeSt.com. KTGY Group currently has 70 homes under construction following the small lot ordinance and several single-family and multifamily developments under construction as well. “Many neighborhoods in Los Angeles are starving for for-sale opportunities that are at an affordable price point but without a shortage on quality. The Small Lot Ordinance creates fee-simple ownership rather than condo air space ownership, avoiding costly HOAs and providing additional FHA loan program opportunities that can make home ownership attainable,” Scales adds.

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