The project, located at 1310 Tamarind Avenue, replaced eight apartments with a four-story building containing 32 residential units and amenities.
A rendering depicts the completed building as a contemporary low-rise structure.
A timeline for the project has not been announced.
The Dream is located a block south of Sunset Bronson Studios, which has recently become the epicenter of Netflix's Los Angeles area operations.
It also sits a block east of Sunset Gower Studios, where an ambitious expansion plan is now in the entitlement phase.
- New Apartments Getting Underway in Hollywood (Urbanize LA)