The Olympic, built in 1925 and used as movie and TV show filming location,
now offers 172 affordable housing units in Westlake
LOS ANGELES (October 20, 2023) – Continuing its ongoing commitment to creating affordable housing via adaptive reuse for low-income people in need, Healthy Housing Foundation (HHF), a division of AIDS Healthcare Foundation (AHF), will host a ribbon-cutting and dedication ceremony for The Olympic, a 172-unit Single Room Occupancy (SRO) building (all with full private baths) located in the Westlake District in Los Angeles. AHF purchased the building in late 2022 at a cost of about $104,000 per unit and, through adaptive reuse, refurbished the 1925 property to help address the city’s affordable housing and homelessness crises. The Olympic appeared in the 2005 Keanu Reeves movie Constantine, an episode of the 2015 crime drama Bosch, and a 1966 episode of Mission: Impossible.
WHAT: Ribbon-cutting & dedication ceremony for The Olympic
WHEN: Saturday, October 21, 2023 at 11:00 a.m. PT
WHERE: 725 S. Westlake Ave, L.A., CA 90057
WHO: Susie Shannon, Policy Director, Housing Is A Human Right
Hon. Tony Vazquez, Board Member of the California State Board of Equalization (BOE)
Hon. Sue Himmelrich, former Mayor of Santa Monica
Hon. Nichelle Henderson, Los Angeles College Board Member
Denny Zane, Founder and Policy Director, Move LA
Dominique Eastman, Associate Director of Housing, Healthy Housing Foundation
Robert Fields, Housing Manager, Healthy Housing Foundation
Kelley Lynch, Tenant, The Olympic
Edward Scott, Tenant, The Olympic
Laura Ramirez, Tenant, The Olympic
AHF launched Healthy Housing Foundation in 2017 to address the rampant affordable housing crisis, and The Olympic is one of 14 HHF properties in Los Angeles (one of 18 nationwide) converted into affordable housing via adaptive reuse, a much faster, much less expensive way of getting people off the streets.
