Brick+Work

Beverly Hills R4 Lots, 17 Unit Potential with Density Bonus

Beverly Hills

Beverly Hills R4 Lots, 17 Unit Potential with Density Bonus

APN: 4333030036 & 4333030037

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17
Max Unit
13,000 sq. ft.
Lot Size
No
TOC
2
Lots
Existing Conditions
Floor Area 12,983‬ sq. ft. (combined)
Units 12 (combined)
Year Constructed 1935 & 1960 (combined)
Assessed Improvement Value $734,079 (combined)
Assessed Land Value $444,902 (combined)
Development Potential (By-Right)
Maximum FAR None
Maximum Height
Feet

45 ft.

Height limited to 3 stories/33 ft. on sites less than or equal to 60 ft. in width

Stories

4

Minimum Setbacks
Front

15 ft.

15 ft. front setback only applicable when setback not included on the "residential street setback map of the city of Beverly Hills" on file in the department of building and safety.

Side

8 ft.

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

Back

15 ft.

Max Buildable Area, Footprint 8,100 sq. ft.
Max Buildable Area, Envelope 32,400 sq. ft.
Max Dwelling Units 12
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 If the nonresidential site abuts an alley which separates the nonresidential zone from the residential zone, no building, structure, or improvement, either above or less than eight feet (8') below the grade level, except a wall or other improvement otherwise permitted by this article shall be located within six feet (6') of the edge of the alley adjacent to such site; or If there is no alley between the nonresidential site and the residential zone, the following setbacks shall be maintained, except as otherwise permitted by this article: 1. No building, structure, or improvement located less than eight feet (8') below the grade level shall be located within six feet (6') of the property line abutting the residential zone. 2. No building, structure, or improvement, or any part thereof, up to thirty feet (30') or two (2) stories in height, whichever is less, shall be located within ten feet (10') of the property line abutting the residential zone. 3. No part of any building, structure, or improvement more than thirty feet (30') or two (2) stories in height, whichever is less, shall be located within twenty feet (20') of the property line abutting the residential zone."
Required Open Space 200 sq. ft per unit
Other Development Notes
Development Potential (with TOC or DB)
Maximum FAR None
Maximum Height
Feet

45 ft.

Eligble for increase through bonus incentives

Stories

4

Eligble for increase through bonus incentives

Minimum Setbacks
Front

15 ft.

Side

8 ft.

Eligible for decrease through bonus incentives; 19 ft. combined side setback required; If building is 33' or less, 17' combined setback required

Back

15 ft.

Eligble for decrease through bonus incentives

Max Buildable Area, Footprint 8,100 sq. ft.
Max Buildable Area, Envelope 32,400 sq. ft.
Max Dwelling Units 17
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 bedroom; 2 spaces per unit with 2-3 bedrooms; 2.5 per unit with 4 bedrooms or more
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
Jurisdictional
Legal Description Lots 523-524, TR 4988
Land Use Multi-Family 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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