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

Two out of five projects are in Pico-Robertson area

Dec.December 03, 2018 05:00 PM
Photo illustration: Site on New Hampshire Avenue in Los Feliz with construction workers

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

If completed, the apartment buildings would add 120 units to the city’s housing stock. Three out of the five projects include affordable housing components and request density bonuses, while four of them were filed through the city’s Transit Oriented Communities program.

955 S. Ardmore Avenue | Koreatown | 34 units

Developer Sohrab Danialian is working on securing approvals to build a 34-unit apartment complex in Koreatown. The Transit Oriented Communities project would include demolishing an existing residential building to construct a new six-story building. Three units would be set aside for extremely low-income residents. Danialian purchased the site, at 955 South Ardmore Avenue, for about $1 million in 2017.

1444 S. Rexford Drive | Pico-Robertson | 29 units

A pair of developers are looking to build a small multifamily complex at 1444 South Rexford Drive. Morad and Farahnaz Harouni are behind the project, which would deliver 29 units in the Pico-Robertson neighborhood. There would be three affordable units at the five-story property. The developers are requesting Tier 3 incentives for the TOC project.

1825 N. New Hampshire Avenue | Los Feliz | 21 units

Taylor Equities, acting through an LLC, filed for plans to build a 21-unit building in Los Feliz. The project would qualify for TOC incentives due to its proximity to the Wilshire/Vermont Metro station. The vacant land at 1825 North New Hampshire Avenue last sold for $2.1 million in April, property records show.

930 S. Mansfield Avenue | Mid-Wilshire | 19 units

NELA Homes, which stands for Northeast Los Angeles, is planning on constructing a new apartment building at 930 South Mansfield Avenue in the Mid-Wilshire neighborhood. A filing reveals the multifamily developer is looking for a permit to build 19 units spread across six stories. There would be four one-bedroom units, and 15 two-bedroom units. NELA purchased the site for $2.2 million in June, records show.

8867 W. Alcott Street | Pico-Robertson | 17 units

Ron Nili, acting through an entity named Alcott Flats LLC, has filed plans to build 17 units in Pico-Robertson. The developer is requesting Tier 3 incentives, allowing for a 70 percent density bonus. Out of the 17 units, 14 will be at market rate while another three are set aside for low-income residents. Nili is also requesting approvals for reduced parking and yard requirements. He paid $2.4 million in June to acquire the land at 8867 West Alcott Street, property records show.

Related Articles

Developer Pinyon Group’s 486-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

Governor Gavin Newsom and Senator Nancy Skinner (Credit: Getty Images and iStock)

Developers rejoice: Newest state law aims to boost housing production

Assemblyman David Chiu and Gov. Gavin Newsom (Credit: Wikipedia and iStock)

California passes landmark rent control law

Lee Rubinoff and the development site

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

420 West 9th Street, San Pedro (Credit: Google Maps and iStock)

San Pedro’s apartment project pipeline is filling up

LA Mayor Eric Garcetti and the Metro Gold Line (credit: Global Climate Action Summit via Flickr)

“Notorious NIMBY group” brings legal challenge to LA’s most popular affordable housing program

Ron Galperin and an overview of LA (Credit: iStock)

LA owns thousands of properties, many of them vacant. LA’s controller has an idea to spur development

5525 W. Sunset Boulevard (Credit: Google Maps and iStock)

Going bigger: Reliable Properties adds 100 units to Hollywood resi project plan