Fashion District firm continues string of South LA projects with 93-unit complex

Haroni Investments has 3 other projects planned nearby

Los Angeles /
Jan.January 16, 2019 10:00 AM
6100 S. Hoover Street (Credit: iStock)

Haroni Investments is mounting yet another project in South Los Angeles, with plans to replace a defunct church with a 93-unit apartment building.

The Fashion District-based firm wants to set aside nine units for “extremely low-income” renters and use some incentives through the city’s Transit Oriented Communities program. The TOC program provides density bonuses and other incentives for building affordable units near transit.

The project is set for 6100 S. Hoover Street. Haroni bought the property in May 2018 for $2.5 million. It spans about 27,500 square feet at the corner of W. 61st Street.

A website for Haroni bills the company as a property manager that specializes in houses and small multifamily buildings. But the firm has undertaken a string of development projects in the last two years.

In October, Haroni filed for two projects in South L.A. within a day of each other. Both are TOC projects and are within two miles of the S. Hoover Street site. One is planned for 136 units, and the other for 64 units.

Haroni began work on a 73-unit project not far away on S. Crenshaw Boulevard in early 2017. Later that year it filed for a 22-unit project in Westlake.


Related Articles

arrow_forward_ios
Neil Shekhter (Shekhter by Kevin Scanlon; iStock)

Santa Monica mega-portfolio officially hits market

Santa Monica mega-portfolio officially hits market
Nick Nashanian filed plans for a new apartment complex at 5953 North Hazeltine Avenue in Valley Glen. (LinkedIn; Google Maps)

Developer plans Valley Glen apartment complex with affordable component

Developer plans Valley Glen apartment complex with affordable component
Sola CEO and founder Martin Muoto. (Google Maps)

Sola Impact plans 84-unit apartment project in South LA

Sola Impact plans 84-unit apartment project in South LA
The lot at 3200 S. La Cienega Boulevard in West Adams. (Google Maps)

Developer files for 254-unit West Adams complex

Developer files for 254-unit West Adams complex
NMS Properties' Neil Shekhter and renderings of 1325 6th Street, 1437 6th Street, 1430 Lincoln Blvd. and 1318 Lincoln Blvd. in Santa Monica (Kevin Scanlon, WSC)

City for sale: Shekhter looks to unload mega-portfolio in Santa Monica

City for sale: Shekhter looks to unload mega-portfolio in Santa Monica
Sean Burton and a rendering of the project (Cityview, Humphreys & Partners Architects)

Cityview secures funding for nearly 300-unit complex near USC

Cityview secures funding for nearly 300-unit complex near USC
The lots of land to be developed to affordable housing (Google Maps, Los Angeles Transit)

Developer plans 75-unit affordable complex in Pico-Union

Developer plans 75-unit affordable complex in Pico-Union
Ben and Jonathan Rocca (Google Maps)

Rocca Development plans 81-unit rental complex in Hyde Park

Rocca Development plans 81-unit rental complex in Hyde Park
arrow_forward_ios

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

Loading...