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EGC taps new law to upsize apartment project in LA’s Harvard Heights

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The Real Deal
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EGC Real Estate Group has cited a new state density bonus law to plan a larger apartment complex in L.A.’s Harvard Heights.

The Hidden Hills-based developer led by Eitan Gonen has employed Assembly Bill 1287 to file revised plans to build a seven-story, 224-unit building at 1828 South Western Avenue, in Central Los Angeles, Urbanize Los Angeles reported. It would replace a car wash and a commercial building.

AB 1287, enacted early this year, allows developers a “stackable” extra 50 percent density increase if 15 percent of the units are set aside as affordable for moderate-income households earning between 80 and 120 percent of the area median income.

Late last year, EGC filed plans to build a six-story complex on South Western. The project, dubbed West Terra, was to include 189 studio, one- and two-bedroom apartments above 6,000 square feet of ground-floor shops and restaurants. 

It included 28 affordable apartments for very low-income households and parking for 172 cars.

The revised plan by EGC calls for a building of seven stories and 224 apartments. The number of parking spaces was not disclosed. 

The complex would include 34 units of affordable housing, including 17 units for very low-income households and 17 units for moderate-income families.

The project, designed by West Adams-based Bittoni Architects, is clad in white, gray and black, with a salmon trim on the first two stories. More than half the units would have inset balconies. 

As first envisioned, the complex would have a courtyard, rear yard, a recreation room and a rooftop deck.

EGC has several developments in the works or recently completed in Central Los Angeles, according to Urbanize.

They include an eight-story, 63-unit apartment building now taking shape on New Hampshire Avenue and a 67-unit complex recently built on Vermont Avenue in Koreatown.

In June, EGC scored a $22 million bridge loan from Beverly Hills-based lender Bolour to help recapitalize the 67-unit complex.

EGC Real Estate Group, founded by Gonen in 1981, has developed and managed more than a million square feet of commercial and residential buildings across the West, with a total project value of more than $300 million, according to its website.

— Dana Bartholomew

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