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
Pasadena mayor Victor Gordo and attorney general Rob Bonta (iStock, Rob Bonta, City of Pasadena, Illustration by Kevin Cifuentes for The Real Deal)
Pasadena withstands AG’s slings and arrows on SB 9
Pasadena withstands AG’s slings and arrows on SB 9
 1933 South Broadway (Loopnet, iStock)
Ara Tavitian scores $150M refi on The Reef in DTLA
Ara Tavitian scores $150M refi on The Reef in DTLA
East End Capital's Jonathon Yormak and David Peretz and the southeastern corner of South Alameda Street and 6th Street (East End, Google Maps)
East End Capital plans second studio complex in Arts District
East End Capital plans second studio complex in Arts District
Dollinger Properties' Dave Dollinger and Plaza at Golden Valley mall (Crexi, Getty Images)
$54M for Santa Clarita retail center
$54M for Santa Clarita retail center
1633 Victory Boulevard, Glendale and Senior Planner at City of Glendale Dennis Joe (Google Maps, LinkedIn)
New owner wants to enlarge controversial Glendale hotel project
New owner wants to enlarge controversial Glendale hotel project
80 South Street (Wikipedia)
Oceanwide Plaza in DTLA last U.S. project standing for China-based developer
Oceanwide Plaza in DTLA last U.S. project standing for China-based developer
Los Angeles mayoral candidates: Rick Caruso, Karen Bass and Kevin de Leon (Wikimedia, Rick Caruso, iStock)
Real estate industry all over LA mayoral money game
Real estate industry all over LA mayoral money game
The Zero One project with Scott Morris (Marisol Malibu, Scott Morris)
’Net zero’ goes luxe in Malibu on $23M sale
’Net zero’ goes luxe in Malibu on $23M sale
arrow_forward_ios

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

Loading...