Two Los Angeles area developments are among five nationwide that received 1985 Awards of Excellence from the Urban Land Institute at the organizations fall meeting in Phoenix. They are:
--Vista Montoya, a $13-million, 180-unit condominium project for low- and moderate-income households on a 3-acre infill site at 1425 West 12th St. in downtown Los Angeles.
It was developed by the nonprofit Pico-Union Neighborhood Council with the assistance of the Los Angeles Community Redevelopment Agency and was completed in October, 1984; all units were sold by last fall.
--Sea Colony, consisting of 187 condominium residences on about six acres of beachfront land at 2910-60 Neilson Way in the Ocean Park section of Santa Monica, a part of the Ocean Park Redevelopment Project and one of the largest single projects approved in Southern California by the state Coastal Commission.