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

From left: 1433 Greenfield Avenue and5748 Brynhurst Avenue (Credit: Google Maps and Zillow)

Developers filed for five projects for under 50 units each in Los Angeles last week.

If completed, the apartment buildings would add 140 apartments to the city’s housing stock. All of projects were filed through the city’s Transit Oriented Communities program, adding to the pipeline of units set to rise near transit hubs. The city TOC program requires developers set aside a certain number of units as affordable in exchange for receiving incentives.

1055 South Mariposa Avenue | Pico-Union | 41 units

West Hollywood Community Housing Corp., a nonprofit affordable housing developer, filed plans to build 41 units at 1055 South Mariposa Avenue. The lot, which is zoned for a four-story building, is owned by the city of Los Angeles. Six units at the property would be reserved for very low-income residents, while the remaining 34 would be used for low-income residents.

5748 South Brynhurst Avenue | Hyde Park | 31 units

In the Hyde Park neighborhood in South L.A., a developer is requesting approvals to demolish a single-family residence. The Aby Holdings LLC is controlled by Shahram Douglas Nili, a contractor based in Beverly Hills, business registration records show. The TOC project for 31 units would include five affordable units.

1431 South Greenfield Avenue | Westwood | 29 units

Manouchehr Shakibkhoo, acting behind an entity, filed an application to build 29 units at 1431 South Greenfield Avenue in Westwood. The project would require demolishing the existing residences on site. Out of the 29 units, five would be set aside as affordable units. Shakibkhoo is seeking a density bonus in exchange for building near transit.

7324 South Broadway | Florence | 24 units

Shahram Douglas Nili also filed plans to build a 24-unit rental in Florence. The developer filed the request under the same entity, Aby Holdings LLC. Located at 7324 South Broadway, the South L.A. project would include four units for extremely low-income residents. A small commercial building would have to be demolished for the apartment building to rise.

146 North Berendo Street | Florence | 15 units

Also in Florence, an entity named Gold Capital Group is looking to build a 15-unit rental. The LLC is controlled by an individual named Natalia Gold, business registration records show. The project, which would rise at 146 North Berendo Street, would be four stories above one level of underground parking.

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  • 21 January 2019
  • The Real Deal
  • Uncategorized
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