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.
Source: The Real Deal Los Angeles