Brick+Work

Burbank MPC-2 Lots, 15 Unit Potential with Density Bonus

Burbank

Burbank MPC-2 Lots, 15 Unit Potential with Density Bonus

APN: 2480012008, 2480012006, 2480012004

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15
Max Unit
17,250 sq. ft.
Lot Size
No
TOC
3
Lots
Existing Conditions
Floor Area 11,842 sq. ft. (combined)
Units 2 (combined)
Year Constructed Several
Assessed Improvement Value $271,094 (combined)
Assessed Land Value $288,978 (combined)
Development Potential (By-Right)
Maximum FAR 1:1
Maximum Height
Feet

27 ft.

Stories

Minimum Setbacks
Front

0 ft.

The ground levels of all structures shall be built at the front property lines for a minimum of 80 percent of the linear frontage of the structure.

Side

0 ft.

Back

0 ft.

Max Buildable Area, Footprint 17,250 sq. ft.
Max Buildable Area, Envelope 17,250 sq. ft.
Max Dwelling Units 10
Affordable Units Required None
Parking Required 1.25 spaces space per studio less than 500 square feet 1.75 spaces per 1-bedroom unit or studio unit greater than 500 square feet 2 spaces per unit with 2 or more bedrooms 1 guest space per 4 units for guest parking
Required Bicycle Parking
Long Term None required
Short Term None required
Transitional Height Limitations At distances of less than 25 feet from a residential (or entirely residential Planned Development) 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. If the structure is 25 or more feet from a residential (or entirely residential Planned Development) lot line, the max height is 25 feet (roof and architectural features may exceed the maximum height, up to 15 additional feet, if a 45 degree angle, as depicted in Diagram No. 1 in Section 10-1-705, is maintained). If the structure is 50 ft. or more away the max height is 35 feet (roof and architectural features may exceed the maximum height, up to 15 additional feet, if a 45 degree angle, as depicted in Diagram No. 1 in Section 10-1-705, is maintained). If the structure is over 150 ft. away the max height is 50 feet, if pursuant to a Planned Development (roof and architectural features may exceed the maximum height, up to 15 additional feet, if a 45 degree angle, as depicted in Diagram No. 1 in Section 10-1-705, is maintained)
Required Open Space Each lot that abuts or is adjacent to an R-1 or R-2 lot shall provide an open space area not less than 20 feet wide along the abutting or adjacent property line. Lots abutting R-3 or R-4 lots shall provide a minimum of ten (10) feet of open space along the property line.
Other Development Notes
Development Potential (with TOC or DB)
Maximum FAR 1:1
Maximum Height
Feet

27 ft.

Eligible for increase through density bonus incentives.

Stories

Minimum Setbacks
Front

0 ft.

Side

0 ft.

Back

0 ft.

Max Buildable Area, Footprint 17,250 sq. ft.
Max Buildable Area, Envelope 17,250 sq. ft.
Max Dwelling Units 15
Affordable Units Required at least 11% for Very Low Income residents, or 20% for Low Income residents, or 40% Moderate Income residents (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 None Required
Short Term None Required
Transitional Height Limitations No additional height shall be permitted for that portion of a building in a Housing Development Project that is located within 15 ft. feet of a lot classified in the R2 zone or within 50 ft. of a lot classified in an R1 or more restrictive or Project located on a lot sharing a common lot line with or across an alley from a lot classified in an R1 or more restrictive zone.
Required Open Space Eligible for decrease through density bonus incentives.
Other Development Notes
Jurisdictional
Legal Description Lots 88, 90, 92 TR 7977
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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