Developer proposes mid-rise resi complex in Westlake

A 4-unit building would be demolished to make way for the new construction

TRD LOS ANGELES /
Sep.September 21, 2018 01:00 PM
The property at 333 S. Bonnie Brae Street

A small, four-unit building in Westlake could soon be seeing the wrecking ball.

In its place, a developer is hoping to build a six-story structure with 30 units, according to a filing published with the Department of City Planning.

The developer is also requesting greater leniency as part of the transit-oriented communities program. Located at 333 S. Bonnie Brae Street, the proposed multifamily complex sits less than a mile away from the Westlake/MacArthur Park Metro station.

There would also be one level of underground parking on the property.

Property records indicate USAHomes Rental Property, a Woodland Hills-based real estate investment manager, owns the site. The LLC, which is registered to an individual named Ravivo Kaofman, paid $1.2 million for the property in March, records show.

Elsewhere in Westlake, which abuts Downtown Los Angeles, a nonprofit is looking to purchase and renovate the historic Sheraton Town House. Communities for a Better Life is requesting a $28 million loan to rehab the 90-year-old building at 639 S. Commonwealth Avenue, where a young Elizabeth Taylor celebrated her first marriage.

The neighborhood has also garnered considerable attention recently as one of its longtime staples, Langer’s Deli, faces an uncertain future. The owner of the property that houses the pastrami shop put the 15,500-square-foot property at 704 S. Alvarado Street for sale late August, touting it as a “development opportunity.”


Related Articles

arrow_forward_ios
The car wash at 1666 N. Vermont Avenue (Credit: Google Maps)

Former car wash owners propose 139-unit development in Los Feliz

Pink House Project, rendering of Hello Saturn, Boaz Miodovsky of Ketter, and Max Sharkansky of Trion Properties

Joint venture sees green in planned apartment complex at Mid-City pink houses site

3301 South Canfield Avenue (Credit: Google Maps and iStock)

Oakmont Capital is building a mini multifamily empire in Palms

Developer Pinyon Group’s 468-unit project would sit two blocks away from the Heritage Square Gold Line.

Developers of massive Lincoln Heights resi project change tack to collect city incentives

LA City Councilmember Gil Cedillo and Jade Enterprises’ Sapphire development (credit: Scott L on Flickr)

Westlake abandoned its affordable housing requirements a decade ago. Things have changed

Carlyle Group co-CEO Kewsong Lee, Holland Partner Group CEO Clyde Holland, and the Sofia Los Angeles (credit: North American Sekisui House, LLC)

Carlyle Group pays $273M for big apartment complex in Westlake

29th Street Capital founder Stan Beraznik, Jason de Guzman, the firm’s senior vice president for acquisitions for L.A., and the three buildings at 131, 143, and 171 S. Burlington Avenue

Westlake apartment portfolio sells a year after tenants battled landlord over rent hike

Lee Rubinoff and the development site

This Transit-Oriented developer is eyeing his latest apartment project in Echo Park

arrow_forward_ios
Loading...