A new apartment building could rise next to a shopping center in Harvard Heights, according to a filing yesterday with the City of Los Angeles.
The project site, located at the southwest corner of Venice Boulevard and Western Avenue, is currently improved with a 115,000-square-foot retail center with tenants that include Food 4 Less, CVS Pharmacy, and Fallas Paredes. The filing with the Planning Department describes a 180-unit development at the property - including 18 apartments set aside for extremely-low-income households - seeking entitlements through the Transit Oriented Communities guidelines.
Western Avenue Capital, a Los Angeles-based real estate investment firm, is the owner of the shopping center and the developer of the proposed apartment complex. According to Jonathan Kasirer, a co-founder and principal of the company, the project will span across a narrow strip of land behind the shopping center between Venice Boulevard and 18th Street along the western property line. The existing shopping center is not a part of the proposed development and will remain in operation.
The project site is located a block north of the intersection of Western and Washington Boulevard, where a smaller mixed-use building featuring apartments and ground-floor commercial space is planned.