The Los Angeles planning department has approved a six-story, 18-unit apartment project proposal for 10939-10949 W. Ohio Avenue in the Westwood neighborhood, according to a determination letter filed last week. The project applicant is shown as real estate developer Brennen Hakimian Holdings, with the project site owner listed as BHB Westwood Apts LLC, a company formed by Steve Bram, a co-founder of real estate capital markets company George Smith Partners.
That project site is currently developed with an eight-unit apartment building that will be demolished to make way for a new 18,732-square-foot, 65-foot-high multifamily building. Named the Ohio Apartments, the development will have three studios, three one-bedrooms, two two-bedrooms, one four-bedroom, and nine five-bedroom units over a lobby and two levels of subterranean parking with 16 stalls.
Approvals are for a Tier-3 project under the city’s Transit Oriented Communities Incentive Program, with 30-percent reductions in north and south yard setbacks and a maximum floor area ratio of 4.1: 1 in lieu of the 3:1 otherwise allowed. Plans call for one unit to be set aside for an extremely low income household and for two units to be set aside for very low income households.
The George Smith Partners affiliate recently acquired the eight-unit property for $3.8 million, according to a transaction recorded with the county in late 2019.
The project representative is Dana Lydon, a director with Los Angeles firm Warren Techentin Architecture.
