Brick+Work

Del Rey C2 Lots, 19 Potential units with Density Bonus

Los Angeles

Del Rey C2 Lots, 19 Potential units with Density Bonus

APN: 4217-008-004; 4217-008-006; 4217-008-008

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19
Max Unit
5,388 sq. ft.
Lot Size
No
TOC
3
Lots
Existing Conditions
Floor Area 0
Units 0
Year Constructed N/A
Assessed Improvement Value $0
Assessed Land Value $76,807
Development Potential (By-Right)
Maximum FAR 1.5:1
Maximum Height
Feet

None

Stories

None

Minimum Setbacks
Front

0 ft.

Side

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

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

Back

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

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

Max Buildable Area, Footprint 5,388 sq. ft.
Max Buildable Area, Envelope 8,082 sq. ft.
Max Dwelling Units 13
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; 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
Development Potential (with TOC or DB)
Maximum FAR 2.025:1
Maximum Height
Feet

None

Stories

None

Minimum Setbacks
Front

0 ft.

Side

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

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

Back

0 ft. for commercial uses; 12 ft. for residential uses

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

Max Buildable Area, Footprint 5,388 sq. ft.
Max Buildable Area, Envelope 10,910 sq. ft.
Max Dwelling Units 19
Affordable Units Required at least 11% for Very Low Income, 20% for Low Income, or 40% for Moderate Income (for sale only)
Parking Required 0-1 bedrooms: 1 on-site parking space; 2-3 bedrooms: 2 on-site parking spaces; 4 or more bedrooms: 2.5 parking spaces
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 20% decrease in required open space
Other Development Notes
Jurisdictional
Legal Description Lots FR 2-4, Tract No 3901 in LA City
Land Use General Commercial
Area Planning Commission West Los Angeles
Community Plan Area Palms-Mar Vista-Del Rey
Neighborhood Council Del Rey
Council District 11
Councilmember Mike Bonin
Red Flags
Site is subject to the requirements of the Los Angeles Coastal Transportation Corridor Specific Plan, which could limit the development potential of the site.
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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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