190-Unit Woodland Hills Senior Housing Building Approved

The Los Angeles planning department has approved a 190-unit senior housing community in Woodland Hills proposed by international real estate investment management company CA Ventures, according to a letter of determination filed last week. The 1.47-acre site at 6033 N. De Soto Ave. is owned by Mahmoud Malakafzali, a local real estate agent, under the entity RAM Property Management LLC.

Plans call for the demolition of a 32,000-square-foot restaurant building to make way for a seven-story, approximately 196,000-square-foot senior housing facility containing 88 independent living units (12 studios, 58 one-bedrooms and 18 two-bedrooms), 72 assisted living units (eight studios, 50 one-bedrooms, and 14 two-bedrooms), and 30 memory care studio units for guests with Alzheimer’s or dementia.

The development will also include 110 vehicle parking spaces across subterranean and ground-floor levels, as well as over 9,000 square feet of publicly accessible open space.

Specializing in multifamily, student, and senior housing, project applicant CA Ventures has over $13 billion in assets across the United States, Latin America, and Europe. Founded in 2004 as an investor and operator for exclusively student housing, the Chicago-based company now has 27 senior housing communities across 11 states under its Anthology Senior Living brand.

Irvine-based architecture and planning firm Dahlin is shown as the project architect in application filings, while Rosenheim & Associates, a Woodland Hills-based land-use consulting company, is listed as the project representative. County records show Malakafzali paid about $2.2 million for the property in 2014.