Brick+Work

50K+ Sq. Ft. Central City Industrial Through Lot

Los Angeles

50K+ Sq. Ft. Central City Industrial Through Lot

APN: 5147003039

$

$
M2-2D-O
Zone/District
No Residential Use
Max Unit
52,392 sq. ft.
Lot Size
Tier 3
TOC
1
Lots
Existing Conditions
Floor Area 32,919 sq. ft.
Units 0
Year Constructed 1920
Assessed Improvement Value $5,796,423
Assessed Land Value $5,682,768
Development Potential (By-Right)
Maximum FAR 3:1
Maximum Height
Feet

None

Stories

None

Minimum Setbacks
Front

0 ft.

Side

0 ft.

Back

0 ft.

Max Buildable Area, Footprint 52,392 sq. ft.
Max Buildable Area, Envelope 157,176 sq. ft.
Max Dwelling Units No Residential Use Permitted
Affordable Units Required None
Parking Required See Commercial/Industrial Standards
Required Bicycle Parking
Long Term None Required
Short Term None Required
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 None Required
Other Development Notes
Development Potential (with TOC or DB)
Maximum FAR N/A
Maximum Height
Feet

N/A

Stories

N/A

Minimum Setbacks
Front

N/A

Side

N/A

Back

N/A

Max Buildable Area, Footprint N/A
Max Buildable Area, Envelope N/A
Max Dwelling Units No Residential Use
Affordable Units Required N/A
Parking Required N/A
Required Bicycle Parking
Long Term N/A
Short Term N/A
Transitional Height Limitations N/A
Required Open Space N/A
Other Development Notes Not eligible for bonus incentives
Jurisdictional
Legal Description Lots 9-18, Lots 36-45, Block 5, Wolfskill Orchard Tract
Land Use Light Manufacturing
Area Planning Commission Central
Community Plan Area Central City
Neighborhood Council Historic Cultural
Council District 14
Councilmember Jose Huizar
Red Flags
As outlined in ORD-164307-SA650, The total floor area contained in all buildings on a lot shall not exceed three (3) times the buildable area of the lot, except for projects approved under Section 415 (Rehabilitation and/or Remodeling of Existing Buildings) or Section 416 (Replacement of Existing Buildings) of the Redevelopment Plan for the Central Business District Redevelopment Project. The term "floor area" shall mean floor area as defined in Municipal Code Sections 12.21.I-A.5 and 12.21.I-B.4.
Development plans on this property will be subject to review by the Central Industrial CRA/LA. This could also limit the utilization of TOC incentives.
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
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