The Los Angeles planning department on Thursday approved a six-story, 28-unit project proposed for 630-634 N. Oxford Ave., just south of the Melrose Hill neighborhood, according to a determination letter filed late last week. The project applicant is listed as STG 630 Oxford LLC, an entity registered to Paul Schon and and Artem Tepler of LA investment and development company Schon Tepler Group, business filings with the state show.
First proposed in 2019, the development entails demolishing two single-family dwellings at the two-parcel project’s site to make way for an approximately 32,000-square-foot, 67-foot-tall building with 26 two-bedrooms and two three-bedrooms. The project will provide 44 parking spaces, 30 bicycle stalls, and an amenity package that includes a gym room and 2,558 square feet of roof decks.
The North Oxford Avenue project was moved forward as a Tier-3 project under the city’s transit-oriented communities program, allowing for a 75-percent density bonus on a base density of 16 units and a 22-foot height increase, among other incentives. The developer is meeting its Tier-3 TOC affordable housing requirement by setting aside three units for extremely low-income households.
County records show STG acquired the two properties composing the project site through two separate transactions totaling about $1.35 million in 2019. It is joined by project architect Sam Ghanouni of firm SG Design and landscape architect Susan E. McEowen. The project representative is shown as Aaron Belliston of BMR Enterprises, an LA-based real estate consulting company.
STG’s project is just one block west of another 20-plus-unit mid-rise proposal: that by an affiliate of Innova Capital Group for a 22-unit project at 608 N. Serrano Ave.
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