Today in microfilings: Condos planned in Brentwood, hotel to rise in Venice… & more

Raymond Saviss wants to build a residential complex, while Erwin Sokol plans boutique hotel

TRD LOS ANGELES /
Feb.February 24, 2017 11:30 AM

Apparel maker-cum-developer Raymond Saviss is zoning in on Brentwood for his latest project.

He filed plans for a 39-unit condo complex at at 505 South Barrington Avenue in the neighborhood, according to city filings. The site is currently occupied by a 23-unit apartment complex built in 1958, property records show. Saviss purchased the property through an LLC for $13.1 million in May 2016.

Saviss is the also developer behind two multifamily projects in the works in Koreatown, The Real Deal reported last month, including a seven-story complex at 2859 Francis Avenue and a 48-unit property at 139 Occidental Boulevard.

The Barrington Avenue project wouldn’t be first foray into Brentwood. His debut project was the 45-unit Cosmopolitan BW complex just up the street at 441 Barrington.

In Venice, developer Erwin Sokol filed plans for a 16-key hotel with ground floor and rooftop restaurants. The project, slated to rise at 20 Windward Avenue, would require a zone and height limit change, according to city documents.

Sokol purchased the site, which houses a parking lot and a fast food venue, for $1.1 million in 2004 under the entity Venice Windward LLC, property records show. The developer also operates the nearby 119-room Hotel Erwin on Pacific Avenue.

Finally, plans were filed for a 43-unit affordable housing complex in Park Mesa Heights. Property records show the vacant quarter-acre site, at 6527 South Crenshaw Boulevard, is owned by the L.A. City and Housing Department.


Related Articles

arrow_forward_ios
First District Supervisor Hilda Solis (Credit: Rebecca Sapp/Getty Images)

LA County select reopening target date for restaurants and retailers

LA County select reopening target date for restaurants and retailers
Eric Garcetti orders a moratorium on LA commercial evictions (Photo credit: iStock photo)

Garcetti orders a moratorium on commercial evictions in LA

Garcetti orders a moratorium on commercial evictions in LA
LA promo

Coming Soon: The Real Deal Los Angeles’ Winter 2020 issue!

Coming Soon: The Real Deal Los Angeles’ Winter 2020 issue!
From left: Howard Schwimmer and Michael S. Frankel, with 1601 W. Mission Boulevard and 2757 E. Del Amo Boulevard (Credit: Google Maps)

Rexford Industrial adds to LA portfolio with $100M in acquisitions

Rexford Industrial adds to LA portfolio with $100M in acquisitions
Andrew McDonald and At Mateo in the Arts District

Cushman’s West Coast chief talks expansion, DTLA market, the death of the starving baby broker & more

Cushman’s West Coast chief talks expansion, DTLA market, the death of the starving baby broker & more
3339 Exposition Blvd. and Asher Luzzatto

Luzzatto Co. assembling creative office hub in West Adams

Luzzatto Co. assembling creative office hub in West Adams
Jason Illoulian and the Cemex plant

Faring makes $30M assemblage play on WeHo/LA border

Faring makes $30M assemblage play on WeHo/LA border
From left: Nuveen CEO Vijay Advani, Graymark founder/CEO Brian Hecktman

Graymark, Nuveen pay $97M for El Segundo creative office

Graymark, Nuveen pay $97M for El Segundo creative office
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...