Brick+Work

20k+ Sq. Ft. Canoga Park Corner Lots

Canoga Park

20k+ Sq. Ft. Canoga Park Corner Lots

APN: 2138022022, 2138022021, 2138022020

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(WC)RIVER-SN-RIO
Zone/District
No Residential Density
Max Unit
20,295 sq. ft.
Lot Size
Tier 2
TOC
3
Lots
Existing Conditions
Floor Area 14,072 sq. ft. (combined)
Units 0 (combined)
Year Constructed 1983
Assessed Improvement Value $1,811,416 (combined)
Assessed Land Value $1,508,604 (combined)
Development Potential (By-Right)
Maximum FAR 4.5:1
Maximum Height
Feet

None

Stories

None

Minimum Setbacks
Front

12 ft.

Side

0 ft.

Back

0 ft.

Max Buildable Area, Footprint 18,796 sq. ft.
Max Buildable Area, Envelope 84,582 sq. ft.
Max Dwelling Units No Residential Density
Affordable Units Required None
Parking Required at least 1 space per unit; plus .25 spaces per unit for guest parking
Required Bicycle Parking
Long Term 1 space per unit for units 0-25; 1 spaces per 1.5 units for units 26-100;
Short Term 1 space per 10 units for units 0-25; 1 spaces per 15 unit for units 26-100;
Transitional Height Limitations Portions of Buildings in C or M zones with certain distances of RW1 or more restrictive zones shall not exceed the following limits: Distance (ft.) Height (ft.) 0-49 25 50-99 33 100-199 61
Required Open Space 100 sq ft per unit with less than 3 habitable rooms 125 sq ft per unit with 3 habitable rooms 175 sq ft per unit with more than 3 habitable rooms Must provide publicly accessible open space equal to at least 15% of lot area
Other Development Notes
Development Potential (with TOC or DB)
Maximum FAR 6.525:1
Maximum Height
Feet

None

Stories

None

Minimum Setbacks
Front

12 ft.

Side

0 ft.

Back

0 ft.

Max Buildable Area, Footprint 18,796 sq. ft.
Max Buildable Area, Envelope 122,643 sq. ft.
Max Dwelling Units No Residential Density
Affordable Units Required at least 9% ELI, or 12% VL, or 21% low
Parking Required < 1 space/Unit
Required Bicycle Parking
Long Term 1 space per unit for units 0-25; 1 spaces per 1.5 units for units 26-100; 1 spaces per 2 units for units 101-200;
Short Term 1 space per 10 units for units 0-25; 1 spaces per 15 unit for units 26-100; 1 spaces per 20 units for units 101-200;
Transitional Height Limitations The building height shall be stepped back The building height limit shall be stepped-back at a 45 degree angle as measured from a horizontal plane originating 15 feet above grade at the property line of the adjoining lot.
Required Open Space Up to 20% decrease in required open space
Other Development Notes
Jurisdictional
Legal Description Lots FR 4, Block 109, Owensmouth
Land Use Regional Center Commercial
Area Planning Commission South Valley
Community Plan Area Canoga Park-Winnetka-Woodland Hills-West Hills
Neighborhood Council Canoga Park
Council District 3
Councilmember Bob Blumenfield
Red Flags
Property is subject to the requirements of the Warner Center Specific Plan, which could limit the development potential of the site.
Property is subject to the River Improvement Overlay zone, which could limit the design of a project on the site.
Project is within a State of California Opportunity Zone, which could allow for tax incentives for a redevelopment project on this site.
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Particulars By-Right TOC or DB
Total Buildable
Net Buildable
Average Construction Cost
Total Construction Budget
Total Soft Costs
Total Development Budget
Gross Annual Rents
Expenses (25%)
NOI
Valuation
Equity After Completion
Equity Multiple
IRR

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