Brick+Work

Azusa Commercial Mixed Use Lot, 19 Potential Units with Density Bonus

Azusa

Azusa Commercial Mixed Use Lot, 19 Potential Units with Density Bonus

APN: 8620-004-021

$

19
Max Unit
21,880 sq. ft.
Lot Size
No
TOC
1
Lots
Existing Conditions
Floor Area 7,614 sq. ft.
Units 0
Year Constructed 1984
Assessed Improvement Value $1,062,926
Assessed Land Value $738,643
Development Potential (By-Right)
Maximum FAR N/A
Maximum Height
Feet

40 ft.

35 ft. for single use buildings; an area equal to 20 percent of the building's ground floor footprint may exceed the maximum height by an additional story or 15 feet, whichever is less.

Stories

3

Minimum Setbacks
Front

15 ft.

0 ft. for shopfronts; 15 ft. minimum; 20 ft. maximum for 60 percent minimum of lot width.

Side

0 ft.

10 ft. minimum for residential, or when adjacent to residential.

Back

0 ft.

10 ft. minimum for residential, or when adjacent to residential.

Max Buildable Area, Footprint 20,002 sq. ft.
Max Buildable Area, Envelope 60,006 sq. ft.
Max Dwelling Units 13
Affordable Units Required None
Parking Required Studio or and one-bedroom unit: 1 space within a garage for each unit. Two to four-bedroom units: 2 spaces within a garage for each unit. 5 or more bedroom units: 3 spaces within a garage for each unit.
Required Bicycle Parking
Long Term Multi-family, retail commercial, and office uses shall provide bicycle parking spaces equal to a minimum of one bicycle space for every 20 motor vehicle spaces up to 100 spaces. One additional bicycle space shall be provided of each additional 100 spaces or fraction. A minimum of two bicycle spaces shall be provided in all cases
Short Term None required
Transitional Height Limitations None required
Required Open Space Common Open Space: 2 or 4 units: 200 sf 5 to 10 units: 500 sf 11 to 30 units: 1,000 sf 31 and more units: 2,000 sf Private Open Space: 150 sq. ft. per unit
Other Development Notes
Development Potential (with TOC or DB)
Maximum FAR N/A
Maximum Height
Feet

40 ft.

Eligible for increase through bonus incentives; 35 ft. for single use buildings; an area equal to 20 percent of the building's ground floor footprint may exceed the maximum height by an additional story or 15 feet, whichever is less.

Stories

3

Eligible for increase through bonus incentives

Minimum Setbacks
Front

15 ft.

0 ft. for shopfronts; 15 ft. minimum; 20 ft. maximum for 60 percent minimum of lot width.

Side

0 ft.

10 ft. minimum for residential, or when adjacent to residential.

Back

0 ft.

10 ft. minimum for residential, or when adjacent to residential.

Max Buildable Area, Footprint 20,002 sq. ft.
Max Buildable Area, Envelope 60,006 sq. ft.
Max Dwelling Units 19
Affordable Units Required at least 11% for Very Low Income, 20% for Low Income, or 40% for Moderate Income (for sale)
Parking Required 1 space per unit with 0-1 bedrooms; 2 spaces per units with 2-3 bedrooms; 2.5 spaces per units with 4 or more bedrooms
Required Bicycle Parking
Long Term Multi-family, retail commercial, and office uses shall provide bicycle parking spaces equal to a minimum of one bicycle space for every 20 motor vehicle spaces up to 100 spaces. One additional bicycle space shall be provided of each additional 100 spaces or fraction. A minimum of two bicycle spaces shall be provided in all cases
Short Term None required
Transitional Height Limitations None required
Required Open Space Eligible for decrease through bonus incentives
Other Development Notes
Jurisdictional
Legal Description TR=PARCEL MAP AS PER BK 109 P 52-53 OF PM LOT 2
Land Use Commercial Mixed Use
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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