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The Real Deal Los Angeles

Today in microfilings: Multifamily planned in the Hills, small lot homes in Silver Lake … & more

Local jeweler wants to build a 21-unit condo complex, while two developers go for small lot homes
By Cathaleen Chen | May 17, 2017 02:30PM

From left: Jason Amoroso and Zaven Ghanimian (Credit: LinkedIn, Getty)

Jeweler Zaven Ghanimian filed plans Tuesday to build a 21-unit condo complex in Hollywood Hills West.

The proposal for the project at 3902 N. Kentucky Drive calls for a 37,000-square-foot building on a half-acre lot, city documents show. The site is occupied by two single-family structures, which would be razed for the development.

Through the entity 3900 Kentucky LLC, Ghanimian acquired the property for about $1.6 million in early 2015, property records show. The developer owns and operates a jewelry line called Zeghani.

In Playa del Rey, private investor Maryam Zaghi wants to build a 34-unit apartment building with one level of underground parking at the corner of Thornburn Street and S. La Tijera Boulevard. Zaghi acquired the three-lot property for a total of $3.9 million, property records show.

The site is occupied by two small apartment structures.

Over in Silver Lake, Amoroso Companies is gearing up to build 11 small lot homes at 1925 N. Griffith Park Boulevard, filing a vesting tract map with the city this week. Construction will begin in two or three weeks, Amoroso vice president of acquisitions Jason Amoroso told The Real Deal.

Amoroso purchased the site, which was occupied by a small apartment building, for $3.3 million in 2014, property records show. The development also contains 25 parking spaces.

Meanwhile, real estate investor Jacob Cohan also wants to build small lot homes: a 10-unit subdivision in West L.A. Cohan acquired the site on the corner of N. Detroit Street and W. Willoughby Avenue for a total of $2.2 million, property records show.