Brick+Work

Burbank Commercial Corner, 11 Units with Density Bonus

Burbank

Burbank Commercial Corner, 11 Units with Density Bonus

APN: 2476-018-018 & 2476-018-020

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11
Max Unit
12,500 sq. ft.
Lot Size
No
TOC
2
Lots
Existing Conditions
Floor Area 3,080 sq. ft. (combined)
Units 0
Year Constructed 1951/1946
Assessed Improvement Value $0 (combined)
Assessed Land Value $825,882 (combined)
Development Potential (By-Right)
Maximum FAR 1:1
Maximum Height
Feet

27 ft.

except that at distances of less than 25 feet from a residential (or entirely residential PD) lot line, no part of the structure, including roof and/or architectural features, shall exceed one (1) foot in height for each one (1) foot of distance.

Stories

None

Minimum Setbacks
Front

0 ft.

Side

0 ft.

Back

0 ft.

Max Buildable Area, Footprint 12,500 sq. ft.
Max Buildable Area, Envelope 12,500 sq. ft.
Max Dwelling Units 7
Affordable Units Required None
Parking Required 1.25 off-street tenant spaces per efficiency unit; 1.75 off-street tenant spaces per 1 bedroom unit; 2 off-street tenant spaces per 2+ bedroom unit; 1 off-street guest space per 4 units
Required Bicycle Parking
Long Term 5% of total vehicle parking
Short Term None required
Transitional Height Limitations If the structure is 25 or more feet from a residential (or entirely residential Planned Development) lot line, roof and architectural features may exceed the maximum height, up to 35 feet, if a 45-degree angle, as depicted in Diagram No. 1 in Section 10-1-606(D), is maintained.
Required Open Space 150 sq. ft. common open space per unit; 50 sq. ft. private open space per unit
Other Development Notes Only Mixed Use development permitted with CUP
Development Potential (with TOC or DB)
Maximum FAR 1:1 (Eligible for increase through bonus incentives)
Maximum Height
Feet

27 ft.

Eligible for increase through bonus incentives

Stories

None

Minimum Setbacks
Front

0 ft.

Side

0 ft.

Back

0 ft.

Max Buildable Area, Footprint 12,500 sq. ft.
Max Buildable Area, Envelope 12,500 sq. ft.
Max Dwelling Units 11
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 5% of total vehicle parking (by-right)
Short Term N/A
Transitional Height Limitations If the structure is 25 or more feet from a residential (or entirely residential Planned Development) lot line, roof and architectural features may exceed the maximum height, up to 35 feet, if a 45-degree angle, as depicted in Diagram No. 1 in Section 10-1-606(D), is maintained.
Required Open Space Eligible for decrease through bonus incentives
Other Development Notes
Jurisdictional
Legal Description Lot 103 & PT 104, TR 7775
Land Use Corridor Commercial
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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