Brick+Work

Beverly Hills R-4 Property, 33 Potential Units with Density Bonus

Beverely Hills

Beverly Hills R-4 Property, 33 Potential Units with Density Bonus

APN: 4333-028-013, 4333-028-012, 4333-028-011, 4333-028-010

$ 13.9M

33
Max Unit
20,800 sq. ft.
Lot Size
TOC
4
Lots
Existing Conditions
Floor Area 11,697 sq. ft. (combined)
Units 7 (combined)
Year Constructed Several
Assessed Improvement Value $1,633,527 (combined)
Assessed Land Value $2,889,081 (combined)
Development Potential (By-Right)
Maximum FAR N/A
Maximum Height
Feet

45 ft./55 ft.

55 ft. maximum on APN 4333-028-013, 45 ft. on rest of property

Stories

4/5

5 maximum on APN 4333-028-013, 4 on rest of property

Minimum Setbacks
Front

15 ft.

Side

8 ft.

19 ft. required for combined side setbacks; If building is 33' or less, 17' combined setback required

Back

15 ft.

Max Buildable Area, Footprint 14,100 sq. ft.
Max Buildable Area, Envelope 59,600 sq. ft.
Max Dwelling Units 23
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 per residential lots
Other Development Notes
Development Potential (with TOC or DB)
Maximum FAR N/A
Maximum Height
Feet

45 ft./55 ft.

Eligible for increase through bonus incentives; 55 ft. maximum on APN 4333-028-013, 45 ft. on rest of property

Stories

4/5

Eligible for increase through bonus incentives; 5 maximum on APN 4333-028-013, 4 on rest of property

Minimum Setbacks
Front

15 ft.

Side

8 ft.

Eligible for increase through bonus incentives; 5 maximum on APN 4333-028-013, 4 on rest of property

Back

15 ft.

Eligible for decrease through bonus incentives

Max Buildable Area, Footprint 14,100 sq. ft.
Max Buildable Area, Envelope 59,600 sq. ft.
Max Dwelling Units 33
Affordable Units Required at least 11% for Very Low Income, 20% for Low Income, or 30% for Moderate Income (for sale)
Parking Required 1 space per unit with 0-1 bedroom; 2 spaces per unit with 2-3 bedrooms; 2.5 per unit with 4 bedrooms or more. See commercial parking standards
Required Bicycle Parking
Long Term None required
Short Term None required
Transitional Height Limitations None required
Required Open Space 200 sq. ft per unit, eligible for decrease through bonus incentives.
Other Development Notes
Jurisdictional
Legal Description Lots 577-580, TR 4988
Land Use High Medium Residential
Area Planning Commission N/A
Community Plan Area N/A
Neighborhood Council N/A
Council District N/A
Councilmember N/A
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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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