Nasser Matloob Eyes 46-Unit Apartment Complex in Tarzana

Developer Files Revised Plans for Six-Story Building

Tarzana Collection, a Beverly Hills-based developer led by Nasser Matloob, has filed revised plans to build a 46-unit apartment complex in Tarzana.

Location and Design

The proposed six-story building would be located at 19335 Ventura Boulevard, west of Tampa Avenue, and would replace a parking lot. The beige and gray building, designed by Kevin Tsai Architecture, would feature semicircular motifs around exterior balconies and vertical windows, with multiple decks.

Apartment Units and Commercial Space

The building would offer 46 studio, one-, two- and three-bedroom apartments above roughly 2,700 square feet of commercial space, plus parking for 38 cars. The developer seeks density bonus incentives to permit a larger structure than allowed by zoning rules in exchange for six affordable apartments for very low-income households.

History of the Project

Matloob had submitted plans in 2023 for a four-story, 70-unit apartment complex between the boulevard and the 101 Freeway, but quickly withdrew them. The revised plans are a significant reduction in size and scope from the original proposal.

About Tarzana Collection

Tarzana Collection, a limited liability company, was founded in 2017 in the same office as Matson Commercial Brokers, run by Jason Matloob, as well as the Boulevard Law Firm, according to state business records and online addresses.

Conclusion

The proposed apartment complex would bring new housing options to the Tarzana area, but the reduced size and scope of the project may be a disappointment to some who had hoped for a larger development. The project is still in the planning stages and is subject to approval by local authorities.

FAQs

Q: What is the size of the proposed apartment complex?
A: The complex would be six stories tall and would offer 46 apartment units.

Q: What is the purpose of the commercial space?
A: The commercial space would be approximately 2,700 square feet and would be available for lease or sale.

Q: What is the status of the project?
A: The project is still in the planning stages and is subject to approval by local authorities.

Q: Who is the developer behind the project?
A: The developer is Tarzana Collection, a limited liability company led by Nasser Matloob.