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The Real Deal Los Angeles

Developer proposes mid-rise resi complex in Westlake

A 4-unit building would be demolished to make way for the new construction
By Natalie Hoberman |
Research by Laura Hanrahan
September 21, 2018 01:00PM

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.”