Brick+Work

Culver City CG Combined Lots, 11 Potential Units with Density Bonus

Culver City

Culver City CG Combined Lots, 11 Potential Units with Density Bonus

APN: 4230-016-003, 004 and 005

$

$
11
Max Unit
7,620 sq. ft.
Lot Size
N/A
TOC
1
Lots
Existing Conditions
Floor Area 2,700 sq. ft. (combined)
Units 0
Year Constructed 1948
Assessed Improvement Value $801,108 (combined)
Assessed Land Value $2,247,264 (combined)
Development Potential (By-Right)
Maximum FAR None
Maximum Height
Feet

56 ft.

45 feet for portion of building 35 feet or more from R1 or R2 Zone and if lot is less than 150 ft. in depth and adjacent to any other R zone

Stories

None

Minimum Setbacks
Front

5 ft.

For Portions of a building 15 ft. or less, a ground level pedestrian setback of 15' is required, except that such setback may vary from zero to 15 feet when pedestrian improvements are included

Side

0 ft.

10 ft. setback required for portions of building 15 ft. or less if adjacent to residential zone; see transitional height

Back

10 ft.

10 ft. setback required for portions of building 15 ft. or less if adjacent to residential zone; see transitional height

Max Buildable Area, Footprint 6,750 sq. ft.
Max Buildable Area, Envelope No FAR or Stories Limit
Max Dwelling Units 6
Affordable Units Required None
Parking Required 1 space per studio/1 BR less than 900 sq. ft.; 2 spaces per studio/1 BR and 2-3 BR unit; 3 spaces per 4 BR & 1 space ber BR over 4; 1 space per 4 DU for guest parking; plus commercial parking
Required Bicycle Parking
Long Term 10% of required vehicle parking; plus commercial requirements
Short Term None required
Transitional Height Limitations 35 ft. stepback required
Required Open Space 75 sq. ft. per unit (both common and private)
Other Development Notes
Development Potential (with TOC or DB)
Maximum FAR None
Maximum Height
Feet

56 ft.

Eligible for increase through bonus incentives; 45 feet for portion of building 35 feet or more from R1 or R2 Zone and if lot is less than 150 ft. in depth and adjacent to any other R zone

Stories

None

Minimum Setbacks
Front

5 ft.

For Portions of a building 15 ft. or less, a ground level pedestrian setback of 15' is required, except that such setback may vary from zero to 15 feet when pedestrian improvements are included

Side

0 ft.

10 ft. setback required for portions of building 15 ft. or less if adjacent to residential zone; see transitional height

Back

10 ft.

Eligible for decrease through bonus incentives; 10 ft. setback required for portions of building 15 ft. or less if adjacent to residential zone; see transitional height

Max Buildable Area, Footprint 6,750 sq. ft.
Max Buildable Area, Envelope No FAR or stories limit
Max Dwelling Units 11
Affordable Units Required at least 15% for Very Low Income, 24% for Low Income, or 44% for Moderate Income (for sale)
Parking Required 1 space per unit with 0-1 bedrooms; 1.5 spaces per units with 2-3 bedrooms; 2.5 spaces per units with 4 or more bedrooms
Required Bicycle Parking
Long Term 10% of required vehicle parking; plus commercial requirements
Short Term None required
Transitional Height Limitations 35 ft. stepback required
Required Open Space Eligible for decrease through bonus incentives
Other Development Notes
Jurisdictional
Legal Description Lots 10-12, TR 6735
Land Use General Corridor
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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