Haroni Investments to turn parking lot into new apartments

Los Angeles /
Nov.November 20, 2019 12:00 PM
6550 South Normandie Avenue (Credit: Google Maps)
6550 South Normandie Avenue (Credit: Google Maps)

Haroni Investments is tacking on another South Los Angeles development to its recent string of projects in the area.

The development firm, headed by Amir Ohebsion, filed plans Tuesday for another apartment complex at 6550 South Normandie Avenue in the Vermont-Slauson District, city records show.

The 93-unit project will be another through the Transit Oriented Community program — like Haroni’s other recent developments. It’s eligible for the program’s tier 1 benefits, according to the city, which can mean that 8 percent of the units must be affordable to extremely low-income households (or 11 percent for very low-income households, or 20 percent for lower-income households).

Haroni did not immediately respond to a request for comment.

Part of the development area appears to be a parking lot, though Haroni also will knock down a single-family home and commercial building already there.

The developer acquired the site last year for $1.5 million.

Haroni is no stranger to the area or TOC developments. In January, the firm filed plans for a separate 93-unit apartment complex at 6100 S. Hoover Street, replacing a defunct church with a project that will have some units set aside for extremely low-income residents.

Another recent Haroni development, also a TOC project, includes a 79-unit residential complex in Hyde Park.

The city’s planning department in 2017 issued guidelines for TOCs, meant to incentivize developers to construct affordable housing while streamlining the development process.

Developers have embraced the incentive program, filing for hundreds of TOC projects totaling nearly 20,000 units, around 3,900 of them affordable. Mayor Eric Garcetti has called it “an incredible weapon” in addressing the city’s housing crisis. Still, L.A. County is believed to be short roughly 500,000 affordable homes.


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