Brick+Work

Beverly Hill R4 Lot Assemblage, 41 Potential Units with Density Bonus

Beverly Hills

Beverly Hill R4 Lot Assemblage, 41 Potential Units with Density Bonus

APN: 4333-016-038; 4333-016-039; 4333-016-040; 4333-019-041; 4333-019-042

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41
Max Unit
32,325 sq. ft.
Lot Size
N/A
TOC
5
Lots
Existing Conditions
Floor Area 22,596 sq. ft. (combined)
Units 19 (combined)
Year Constructed 1928-1933
Assessed Improvement Value $3,073,063 (combined)
Assessed Land Value $5,213,492 (combined)
Development Potential (By-Right)
Maximum FAR None
Maximum Height
Feet

33 ft.

Stories

3

Third story is permitted only with additional 15' setbacks

Minimum Setbacks
Front

15 ft.

Side

8 ft.

Back

15 ft.

Max Buildable Area, Footprint 23,015 sq. ft.
Max Buildable Area, Envelope 69,045 sq. ft.
Max Dwelling Units 26
Affordable Units Required None
Parking Required 1 space per efficiency unit of less than 1,000 sq. ft.; 2 spaces per 1-bedroom unit; 2.5 spaces per 2-bedroom unit; 3 spaces per 3- or 4-bedroom unit; 4 spaces per 5-bedroom unit of more; 1 spaces per 4 units for guest parking
Required Bicycle Parking
Long Term None required
Short Term None required
Transitional Height Limitations None required
Required Open Space 200 sq. ft per unit
Other Development Notes Per the Beverly Hills Municipal code, one dwelling unit may be constructed for each one thousand two hundred (1,200) square feet of site area.
Development Potential (with TOC or DB)
Maximum FAR None
Maximum Height
Feet

33 ft.

Eligible for increase through bonus incentives

Stories

3

Eligible for increase through bonus incentives; third story is permitted only with additional 15' setbacks

Minimum Setbacks
Front

15 ft

Eligible for decrease through bonus incentives

Side

8 ft.

Eligible for decrease through bonus incentives

Back

15 ft.

Eligible for decrease through bonus incentives

Max Buildable Area, Footprint 23,015 sq. ft.
Max Buildable Area, Envelope 69,045 sq. ft.
Max Dwelling Units 41
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 spaces per units with 4 or more bedrooms
Required Bicycle Parking
Long Term None Required
Short Term None Required
Transitional Height Limitations None Required
Required Open Space Eligible for decrease through bonus incentives
Other Development Notes Per the Beverly Hills Municipal code, one dwelling unit may be constructed for each one thousand two hundred (1,200) square feet of site area.
Jurisdictional
Legal Description Lots 853-857, TR 4988
Land Use Multiple Residential
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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