A developer has filed plans to build a six-story, 12-unit apartment project on a vacant lot at 1047 – 1049 S. Corning St. in the Pico-Robertson neighborhood, a planning case opened by the city last week shows. The applicant and owner of the project is listed as Marvin Markowitz of Marmar Development LLC, which is an affiliate of Beverly Hills-based commercial real estate company MarMar Group.
The affiliate of MarMar Group, which is a family-owned residential owner, developer, and manager, acquired the property, which at the time held a two-story duplex, for $1.4 million, according to a transaction recorded with the county in 2018. A demolition permit for the structure was issued the following year, city records show.
The developer is requesting transit-oriented communities incentives including a 25-percent open-space reduction, 30-percent setback reduction for both sides, and 22-foot height increase to about 67 feet for the proposed development. The project would contain five one-bedrooms, six two-bedrooms, and one three-bedrooms, plans show, with two units set aside for very low-income households.
The project would also provide seven automobile spaces in a one-level subterranean garage, along with 14 bicycle spaces.
Jacques Mashihi of West Pacifica Design Construction is listed as the project representative for 1047 S. Corning St.
This is not an empty lot. There is a building there that contains tenants who are being Ellis Acted out.