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Four-Unit Density Addition Completed at 1583941 Landmark Drive, Whittier

Press Release • December 1, 2024

New Century Development has completed a four-unit residential addition at 15839–41 Landmark Drive in Whittier, California, expanding an existing multifamily property through the construction of new units located above detached garage structures.

This project reflects the firm's focus on incremental density strategies—leveraging existing sites and infrastructure to deliver additional housing units in built-out Southern California submarkets where new land acquisition is increasingly constrained.

Infill Density Strategy

The Landmark Drive project was executed as a targeted infill development, utilizing detached garages as structural foundations to add four new residential units without expanding the building footprint or materially disrupting site circulation.

By building vertically and within the constraints of an existing property, the project achieved multiple strategic objectives:

  • Increased unit count and long-term income potential
  • Maintained neighborhood compatibility and scale
  • Maximized efficient land use on an established site

Entitlements, Design, and Construction Coordination

New Century Development coordinated entitlements, architectural design, and construction sequencing to deliver the project in full compliance with local zoning, building, and life-safety requirements.

Structural design and construction planning were carefully managed to integrate the new residential units with the existing garage infrastructure while meeting modern code standards. The project required close coordination between architects, engineers, and contractors to address:

  • Structural loading and foundation requirements
  • Access and circulation planning
  • Utility connections and infrastructure upgrades

Capital Efficiency and Value Creation

The four-unit addition was underwritten with a focus on capital efficiency, allowing the firm to create new housing units at a cost basis materially below comparable ground-up development.

The completed units contribute:

  • Incremental rental income from new residential units
  • Improved asset-level cash flow and returns
  • Enhanced overall portfolio density without land acquisition risk

This approach aligns with New Century Development's broader strategy of identifying opportunities within existing assets to drive value through thoughtful design, disciplined execution, and targeted capital deployment.

Incremental Growth in Supply-Constrained Markets

Projects such as 15839–41 Landmark Drive demonstrate how small-scale infill development can play a meaningful role in increasing housing supply in mature Southern California neighborhoods.

By utilizing underused space and existing infrastructure, New Century Development continues to pursue pragmatic solutions that balance growth, feasibility, and long-term asset performance.