"This project will provide housing for men and women, an area for pets, access to social workers, counseling and case managers and a future built on hope," said Los Angeles Councilman David Ryu.
The Los Feliz site will also include health and counseling services.
The facility, which is set to open in June, is one of several shelters currently under construction across the city, as part of Mayor Eric Garcetti's A Bridge Home initiative which aims to build a new shelter in each city council district.
On Tuesday, the Pacific Sunset site with 154 beds opened in Venice. It's the tenth shelter to open under the initiative, bringing the total number of beds made available by the program to 673.
Venice temporary homeless shelter opens with 154 beds, some dedicated to youth living on streets