Brick+Work

C4 & P Ventura Blvd Corner Lot

Woodland Hills

C4 & P Ventura Blvd Corner Lot

APN: 2169026099

$

$
C4-1VLD & P-1VLD
Zone/District
56
Max Unit
28,850 sq. ft.
Lot Size
No
TOC
1
Lots
Existing Conditions
Floor Area 15,062 sq. ft.
Units 0
Year Constructed 1978
Assessed Improvement Value $2,802,292
Assessed Land Value $1,538,513
Development Potential (By-Right)
Maximum FAR 1.25:1
Maximum Height
Feet

45 ft.

Stories

None

Minimum Setbacks
Front

1.5 ft.

Per Specific Plan, front is considered the portion of lot abutting Ventura Blvd. Minimum 18 inch setback, up to 10 ft. max

Side

18 inches

No side setback permitted per interior side. 18 inch minimum side setback per street facing portion, up to 15 ft. max

Back

0 ft.

No rear setback from P portion of lot

Max Buildable Area, Footprint 15,967 sq. ft.
Max Buildable Area, Envelope 19,959 sq. ft.
Max Dwelling Units 40
Affordable Units Required None
Parking Required 1 space per unit with less than 3 habitable rooms 1.5 spaces per unit with 3 habitable rooms 2 spaces per unit with more than 3 habitable rooms 1 space per guest room (first 30)
Required Bicycle Parking
Long Term 1 space per unit for units 0-25; 1 spaces per 1.5 units for units 26-100;
Short Term 1 space per 10 units for units 0-25; 1 spaces per 15 unit for units 26-100;
Transitional Height Limitations Portions of Buildings in C or M zones with certain distances of RW1 or more restrictive zones shall not exceed the following limits: Distance (ft.) Height (ft.) 0-49 25 50-99 33 100-199 61
Required Open Space 100 sq ft per unit with less than 3 habitable rooms 125 sq ft per unit with 3 habitable rooms 175 sq ft per unit with more than 3 habitable rooms
Other Development Notes Max FAR West of San Diego Freeway and Community Commercial: No Project may exceed a maximum Floor Area Ratio of 1.25:1. However, an additional Floor Area Ratio of 0.25:1 may be granted by the Department of City Planning during the Project Permit Compliance process for a Mixed-Use Project, pursuant to Section 9
Development Potential (with TOC or DB)
Maximum FAR 2.025:1
Maximum Height
Feet

56 ft.

Projects located in a zone where the maximum height is 45 ft. or less, or located within a Specific Plan that limits height, height increases over 11 ft. must be stepped-back at least 15 ft. from the exterior face of the ground floor building located at any street frontage.

Stories

None

Minimum Setbacks
Front

1.5 ft.

Side

18 inches

Back

0 ft.

Max Buildable Area, Footprint 15,967 sq. ft.
Max Buildable Area, Envelope 32,333 sq. ft.
Max Dwelling Units 56
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 bedrooms; 2 spaces per units with 2-3 bedrooms; 2.5 spaces per units with 4 or more bedrooms
Required Bicycle Parking
Long Term 1 space per unit for units 0-25; 1 spaces per 1.5 units for units 26-100;
Short Term 1 space per 10 units for units 0-25; 1 spaces per 15 unit for units 26-100;
Transitional Height Limitations
Required Open Space Up to 20% decrease in required open space
Other Development Notes
Jurisdictional
Legal Description Lot B P M 2692
Land Use Community Commercial
Area Planning Commission South Valley
Community Plan Area Canoga Park-Winnetka-Woodland Hills-West Hills
Neighborhood Council Woodland Hills-Warner Center
Council District 3
Councilmember Bob Blumenfield
Red Flags
Property is subject to the requirements of the Ventura / Cahuenga Blvd Corridor Specific Plan, which could limit the development potential of the site
Per ORD-157729, floor area not to exceed 1.5 times the buildable area of said lot.
Property is subject to the City of Los Angeles Baseline Hillside Ordinance, which could limit the development potential of the site
BRICK+WORK Analyzer
Calculator
Please Enter Land Cost.
Please Enter Average Rents in Area.
Ask Administrator to enter the required values for the calculation of Financial Analyser.
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

Property Report Disclaimer

All data are obtained from government sources. No attempt has been made to verify the data’s accuracy.

This report is for informational purposes only. Do not rely on this report to support real estate or investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was obtained.

By publishing this property, you represent and warrant that you have obtained the authorization from the property owner to market this property AND to take actions on behalf of the property owner.