Brick+Work

Central Hollywood C4 Property, 121 Potential Units with TOC Tier 3

Los Angeles

Central Hollywood C4 Property, 121 Potential Units with TOC Tier 3

APN: 5547-015-030

$

$
121
Max Unit
28,036 sq. ft.
Lot Size
Tier 3
TOC
1
Lots
Existing Conditions
Floor Area 28,000 sq. ft.
Units 0
Year Constructed 1966
Assessed Improvement Value $13,718
Assessed Land Value $385,790
Development Potential (By-Right)
Maximum FAR 4.5:1
Maximum Height
Feet

45 ft.

Stories

None

Minimum Setbacks
Front

0 ft.

Side

5 ft. for ground floor residential uses; 0 ft. for ground floor commercial uses

add 1 foot of side setback for each story over 2, not to exceed 16 ft.

Back

15 ft. for ground floor residential uses; 0 ft. for ground floor commercial uses

add 1 foot of back setback for each story over 3, not to exceed 20 ft.

Max Buildable Area, Footprint 28,036 sq. ft.
Max Buildable Area, Envelope 126,162 sq. ft.
Max Dwelling Units 70
Affordable Units Required at least 15% of all new and rehabilitated dwelling units developed within the Project Area by public or private entities shall be available at affordable housing cost to persons and families of low- or moderate-income; and of such 15%, not less than 40% shall be available at affordable housing cost to very low-income households
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; 1 spaces per 2 units for units 101-200; 1 spaces per 4 units for units 201+
Short Term 1 space per 10 units for units 0-25; 1 spaces per 15 unit for units 26-100; 1 spaces per 20 units for units 101-200; 1 spaces per 40 unit for units 201+
Transitional Height Limitations None required
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 Per the Hollywood Redevelopment Plan, Regional Center Commercial sites are allowed an FAR of 4.5:1
Development Potential (with TOC or DB)
Maximum FAR 6.75:1
Maximum Height
Feet

67 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

0 ft.

Side

0 ft. for commercial uses; 5 ft. for residential uses

Back

5 ft.

Max Buildable Area, Footprint 28,036 sq. ft.
Max Buildable Area, Envelope 189,243 sq. ft.
Max Dwelling Units 121
Affordable Units Required at least 10% for Extremely Low Income, or 14% for Very Low Income, or 23% for Low Income
Parking Required Shall not exceed .5 space per unit
Required Bicycle Parking
Long Term 1 space per unit for units 0-25; 1 spaces per 1.5 units for units 26-100; 1 spaces per 2 units for units 101-200; 1 spaces per 4 units for units 201+
Short Term 1 space per 10 units for units 0-25; 1 spaces per 15 unit for units 26-100; 1 spaces per 20 units for units 101-200; 1 spaces per 40 unit for units 201+
Transitional Height Limitations None required
Required Open Space Up to 25% decrease in required open space
Other Development Notes
Jurisdictional
Legal Description Lot 1-4, Arb 1, Hudson Tract
Land Use Regional Center Commercial
Area Planning Commission Central
Community Plan Area Hollywood
Neighborhood Council Central Hollywood
Council District 13
Councilmember Mitch O'Farrell
Red Flags
Per ORD No. 165657, the total floor area contained in all buildings on a lot shall not exceed 2 times the buildable area of the lot and are limited to a height of 45 ft.
Project is subject to the requirements of the Hollywood Redevelopment Project, which could limit the development potential of the site.
Project is within a State of California Opportunity Zone, which could allow for tax incentives for a redevelopment project on this site.
Site is adjacent to a 15 ft. Public Use Easement on the northern border
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Particulars By-Right TOC or DB
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Net Buildable
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Gross Annual Rents
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