Brick+Work

Downtown Downey Single Lot, 20 Unit Potential with Density Bonus

Downey

Downtown Downey Single Lot, 20 Unit Potential with Density Bonus

APN: 6254-001-008

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DDSP - Firestone Gateway
Zone/District
20
Max Unit
7,500 sq. ft.
Lot Size
N/A
TOC
1
Lots
Existing Conditions
Floor Area 2,618 sq. ft.
Units 3
Year Constructed 1941/1960
Assessed Improvement Value $27,591
Assessed Land Value $1,034,677
Development Potential (By-Right)
Maximum FAR 3:1
Maximum Height
Feet

75 ft.

Stories

6

Minimum Setbacks
Front

0 ft.

Side

0 ft.

Back

0 ft.

Max Buildable Area, Footprint 7,500 sq. ft.
Max Buildable Area, Envelope 22,500 sq. ft.
Max Dwelling Units 12
Affordable Units Required None
Parking Required 2.5 spaces per du (includes guest parking)
Required Bicycle Parking
Long Term None required
Short Term None required
Transitional Height Limitations Minimum 12-foot stepback from the property line at 45 feet.
Required Open Space None required
Other Development Notes Residential uses only permitted at second story or above
Development Potential (with TOC or DB)
Maximum FAR 3:1 (eligible for increase through bonus incentives)
Maximum Height
Feet

75 ft.

Eligible for increase through bonus incentives

Stories

6

Eligible for increase through bonus incentives

Minimum Setbacks
Front

0 ft.

Side

0 ft.

Back

0 ft.

Max Buildable Area, Footprint 7,500 sq. ft.
Max Buildable Area, Envelope 22,500 sq. ft.
Max Dwelling Units 20
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 None required
Short Term None required
Transitional Height Limitations Minimum 12-foot stepback from the property line at 45 feet.
Required Open Space None required
Other Development Notes
Jurisdictional
Legal Description Lot 8, TR 4157
Land Use Downtown Downey Specific Plan
Area Planning Commission N/A
Community Plan Area N/A
Neighborhood Council N/A
Council District N/A
Councilmember N/A
Red Flags
Property is subject to the requirements of the Downtown Downey 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%)
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This report is for informational purposes only. Do not rely on this report to support real estate or investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was obtained.

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