Brick+Work

Altadena C-M Property, 36 Potential Units with Density Bonus

Alta Dena

Altadena C-M Property, 36 Potential Units with Density Bonus

APN: 5827-012-018

$

$
36
Max Unit
25,209 sq. ft.
Lot Size
N/A
TOC
1
Lots
Existing Conditions
Floor Area 1,238 sq. ft.
Units 1
Year Constructed 1925
Assessed Improvement Value $164,843
Assessed Land Value $376,794
Development Potential (By-Right)
Maximum FAR 1:1
Maximum Height
Feet

13 times buildable area

Stories

None

Minimum Setbacks
Front

0 ft.

Mixed use development is required

Side

0 ft.

Mixed use development is required

Back

0 ft.

Mixed use development is required

Max Buildable Area, Footprint 22,688 sq. ft.
Max Buildable Area, Envelope 22,688 sq. ft.
Max Dwelling Units 26
Affordable Units Required None
Parking Required Bachelor: 1 covered standard space per dwelling unit Efficiency and one-bedroom: 1.5 covered standard space per dwelling unit Two or more bedrooms: 1.5 covered standard space per dwelling unit and 0.5 covered or uncovered standard spaces per dwelling unit. Guest parking for apartment houses with at least 10 units: 1 standard space for guests per 4 dwelling units of the total number of dwelling units. See Municipal Code for Commercial Standards
Required Bicycle Parking
Long Term 1 space per 2 dwelling units (minimum 4 spaces)
Short Term 1 space per 10 dwelling units (minimum 4 spaces)
Transitional Height Limitations None
Required Open Space 10% of the lot area
Other Development Notes Maximum lot coverage of 90% allowed.
Development Potential (with TOC or DB)
Maximum FAR 1.5:1
Maximum Height
Feet

13 times buildable area

Eligible for increase through bonus incentives

Stories

None

Minimum Setbacks
Front

0 ft.

Mixed use development is required

Side

0 ft.

Mixed use development is required

Back

0 ft.

Mixed use development is required

Max Buildable Area, Footprint 22,688 sq. ft.
Max Buildable Area, Envelope 30,628 sq. ft.
Max Dwelling Units 36
Affordable Units Required at least 15% for Very Low Income, 24% for Low Income, or 44% for Moderate Income (for sale)
Parking Required 1 space per unit with 0-1 bedrooms; 1.5 spaces per units with 2-3 bedrooms; 2.5 spaces per units with 4 or more bedrooms
Required Bicycle Parking
Long Term 1 space per 2 dwelling units (minimum 4 spaces)
Short Term 1 space per 10 dwelling units (minimum 4 spaces)
Transitional Height Limitations None required
Required Open Space Eligible for decrease through bonus incentives
Other Development Notes Maximum lot coverage of 90% allowed.
Jurisdictional
Legal Description PT LOT 4, PAINTER'S REPLAT OF A PT OF BLKS A,B,C,G AND H
Land Use Commercial Manufacturing
Area Planning Commission N/A
Community Plan Area N/A
Neighborhood Council N/A
Council District N/A
Councilmember N/A
Red Flags
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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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