Brick+Work

Culver City General Commercial Lot, 29 Potential Units with Density Bonus

LOS ANGELES,

Culver City General Commercial Lot, 29 Potential Units with Density Bonus

APN: 4231-019-064

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29
Max Unit
25,169 sq. ft.
Lot Size
No
TOC
1
Lots
Existing Conditions
Floor Area 14,077 sq. ft.
Units 0
Year Constructed 1940/1957
Assessed Improvement Value $244,520
Assessed Land Value $848,656
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

0 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 23,809 sq. ft.
Max Buildable Area, Envelope No FAR or Stories Limit
Max Dwelling Units 20
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
Short Term 10% of required vehicle parking
Transitional Height Limitations Adjacent to Non-Residential Zone: A 60-degree, clear-zone angle must be maintained, measured from 15 feet above the existing grade, and 10 feet from the side and rear property lines. Portion of building greater than 35' adjacent to R1 or R2: 35 ft. stepback required Portion of building greater than 45' adjacent to R3, RLD,RMD, or RHD: 50 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

Stories

None

Minimum Setbacks
Front

5 ft.

Side

0 ft.

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

Back

0 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 23,809 sq. ft.
Max Buildable Area, Envelope No FAR or stories limit
Max Dwelling Units 29
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 10% of required vehicle parking
Short Term 10% of required vehicle parking
Transitional Height Limitations Adjacent to Non-Residential Zone: A 60-degree, clear-zone angle must be maintained, measured from 15 feet above the existing grade, and 10 feet from the side and rear property lines. Portion of building greater than 35' adjacent to R1 or R2: 35 ft. stepback required Portion of building greater than 45' adjacent to R3, RLD,RMD, or RHD: 50 ft. stepback required
Required Open Space Eligible for decrease through bonus incentives
Other Development Notes
Jurisdictional
Legal Description LOT COM AT MOST E COR OF LOT 6 TR NO 9060 TH W ON N LINE OF WASHINGTON BLVD 274.43 FT TH N 5¢28'40" E 130 FT TH S 84¢31'20" E TO SW LINE OF SD TR NO
Land Use General 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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