California Landmark Group’s 68-unit apartment building in Marina del Rey opened last year, slated as a condominium.
But times and demand has changed. The Westside firm completed the $30 million R3 Lofts development at 4091 Redwood Avenue as a rental building. The firm, which first filed plans for the project in 2014, filed its latest paperwork with the city last week that formally recognizes the rental conversion.
CLG’s R3 Lofts also includes creative office space on its lower floors, as well as a gym and rooftop pool.