Family-run firm doubles units at Westside multifamily project

Zackary Brothers first proposed a 30-unit complex in 2015

TRD LOS ANGELES /
Feb.February 12, 2019 02:00 PM
From left: Abraham Zackary, Jacob Zackary, and Shawn Zackary

Zackary Brothers is supersizing its proposed Westwood project.

The local developer has filed for approvals to build 60 units at a vacant lot on Westwood Boulevard, according to documents published with the Department of City Planning.

Earlier filings from 2015 and 2016 show the firm originally was planning on building 30 units, and later, 33 units.

Located at 1855 Westwood Boulevard, the proposed project would rise six stories and include six units dedicated for very low income residents. There would also be two levels of underground parking.

The brothers, acting through an LLC, bought the property for $4.9 million in September 2014, property records show.

It’s unclear from the filing whether the Zackary Brothers, a family-owned firm based in the Fashion District, is seeking to take advantage of the Transit Oriented Communities program. Their proposed project sits about a mile from the Westwood/Rancho Park Expo Line station, meaning it would qualify for Tier 4 incentives.

The firm did not immediately respond to requests for comment.

Last week, two other multifamily developers filed similar proposals to upsize their projects. In Westlake, Safco Capital Group is requesting approvals to build 77 units at 825 South Coronado Street, up from its previously approved 44. Meanwhile, Amoroso Companies bulked up its project in Carthay, adding 24 units to its seven-story development.

Both of the new filings were filed under the TOC umbrella.


Related Articles

arrow_forward_ios
From left: Gavin Newsom and David Chiu (Credit: Getty Images and iStock)

Will rent control dent the multifamily market? Lenders, investors weigh in

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

San Pedro’s apartment project pipeline is filling up

David Nagel

Decron Properties, in multifamily expansion mode, pushes into Warner Center

Mill Creek Residential CEO William MacDonald and Modera West LA (Credit: iStock)

One of nation’s biggest apartment builders scores $165M refi on West LA development

From left: Canyon Crest Views Apartments and Sunset Ridge Apartments

Multifamily investor Afton Properties adds nearly 1K units to portfolio

Blackstone CEO Stephen Schwarzman and TruAmerica CEO Robert Hart

Blackstone digs deeper into SoCal with massive rental portfolio buy

5800 Green Valley Cir, Culver City (Credit: Google Maps)

Jones & Jones buy multifamily property in bustling Culver City

Daniel Wrublin (right), principal of Dalan Management and Gregory Fowler, managing partner at FPA Multifamily with The Vue Apartment Homes in San Bernardino

A strong industrial market in San Bernardino is spurring a multifamily boom

arrow_forward_ios