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Here are the latest under 50-unit resi projects proposed in LA

From top left, clockwise: 11961 W. Venice Boulevard, 1462 S. Reeves Street, 2336 S. Westwood Boulevard, and 2968 S. Kelton Avenue

From top left, clockwise: 11961 W. Venice Boulevard, 1462 S. Reeves Street, 2336 S. Westwood Boulevard, and 2968 S. Kelton Avenue

Apartment building developers are targeting the Westside.

All five of the top multifamily projects proposed — under 50 units — in the last two weeks are aimed at the Westside or near the ocean. Together, the projects would add 136 units of housing, property records show.

Four of the projects on the list qualify for tier-3 incentives from Los Angeles’ Transit-Oriented Communities program, which allows density and size bonuses for residential projects that include affordable housing.

11961 W. Venice Boulevard | Mar Vista | 38 units
Owners Augusto and Grace Rojas filed plans to build a 38-unit development. Five units would be designated for very low-income households near Inglewood Boulevard. The development would rise five stories and include a mix of studio, one- and two-bedroom units. Agusto Rojas applied for the project through a trust. The duo purchased the home in 2006 for $929,000, records show. They are represented by Horizon Development and Entitlement.

3123 S. Livonia Avenue | Castle Heights | 29 units
Property owner Victoria SK Holdings LLC, managed by Sassan Ohebsion, proposed the 31,000 square-foot project in Castle Heights, just outside Culver City. The LLC purchased the site last June for $3 million. The proposed five-story, 29-unit apartment building would include three units for extremely low-income tenants. The project also includes a height increase to 56 feet, thanks to the Transit Oriented Communities bonus. Earlier this year, the same firm filed plans to build a 40-unit project in Del Rey.

1462 S. Reeves Street | Pico-Robertson | 29 units
Property owner Kian Investment LLC plans to demolish the existing two-story residential structures at 1462 S. Reeves Street to make way for the five-story building. The entity is managed by Benhoover Elyashar. The site was acquired for $3 million in June 2014. Three units are for extremely low-income households, and the construction qualifies for a 22-percent height increase.

2336 S. Westwood Boulevard | West L.A. | 23 units
Westwood Enterprise LLC, managed by Shaula A. Arbel, filed plans to build a three-story mixed-use project. It would have 23 units and a restaurant on the first floor. The site was last purchased in 1988 for $1.2 million.

2968 S. Kelton Avenue | Palms | 17 units
Another multifamily plan was proposed at the border of Palms and Culver City. Javid Zarrinnia filed plans to build a six-story multifamily apartment. It would have 15 market-rate units and two affordable units. Owners Nenad Sekulic and Masa Sekulic purchased it in October for a little more than $1 million.

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  • 01 July 2019
  • The Real Deal
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