Brick+Work

Downtown Culver City Corner Parcel, 15 Potential Units with Density Bonus

Culver City

Downtown Culver City Corner Parcel, 15 Potential Units with Density Bonus

APN: 4207-002-023

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15
Max Unit
12,371 sq. ft.
Lot Size
N/A
TOC
1
Lots
Existing Conditions
Floor Area 7,032 sq. ft.
Units 0
Year Constructed 1925
Assessed Improvement Value $161,944
Assessed Land Value $210,248
Development Potential (By-Right)
Maximum FAR None
Maximum Height
Feet

44 ft.

Stories

3

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.

Back

0 ft.

Max Buildable Area, Footprint 12,075 sq. ft.
Max Buildable Area, Envelope 36,225 sq. ft.
Max Dwelling Units 9
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 None 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

44 ft.

Eligible for increase through bonus incentives

Stories

3

Eligible for increase through bonus incentives

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.

Back

0 ft.

Max Buildable Area, Footprint 12,075 sq. ft.
Max Buildable Area, Envelope 36,225 sq. ft.
Max Dwelling Units 15
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 None required
Required Open Space Eligible for decrease through bonus incentives
Other Development Notes
Jurisdictional
Legal Description Lots 32-36, Block 13, TR 2444
Land Use Downtown Commercial
Area Planning Commission N/A
Community Plan Area N/A
Neighborhood Council N/A
Council District N/A
Councilmember N/A
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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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