Brick+Work

Downtown Glendale 92k sq. ft. Property, 113 Units with Density Bonus

Glendale

Downtown Glendale 92k sq. ft. Property, 113 Units with Density Bonus

APN: 5637-004-045, 5637-004-046, 5637-004-047, 5637-004-007, 5637-004-008

$ 00

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DSP-TD, R-1250
Zone/District
113 (50 in DSP-TD zone + 63 in R-1250 zone)
Max Unit
56,848 sq. ft.
Lot Size
N/A
TOC
5
Lots
Existing Conditions
Floor Area 106,420 sq. ft. (combined)
Units 0 (combined)
Year Constructed Several
Assessed Improvement Value $14,277,099 (combined)
Assessed Land Value $7,809,521 (combined)
Development Potential (By-Right)
Maximum FAR 2:1 in DSP-TD zone, 1.2:1 in R-1250 zone
Maximum Height
Feet

65 ft. in DSP-TD zone, 36 ft. in R-1250 zone

Stories

None in DSP-TD zone, 3 in R-1250 zone

Minimum Setbacks
Front

8 ft.

Along Central Ave.

Side

1 ft. in DSP-TD zone, 20 ft. in R-1250 zone

23 ft. average required in R-1250 zone

Back

5 ft.

8 ft. average required in R-1250 zone

Max Buildable Area, Footprint 35,737 sq. ft. (15,188 sq. ft. in DSP-TD zone + 20,549 in R-1250 zone)
Max Buildable Area, Envelope 80,818 sq. ft. (31,500 sq. ft. in DSP-TD zone + 49,318 in R-1250 zone)
Max Dwelling Units 76 (35 in DSP-TD zone + 41 in R-1250 zone)
Affordable Units Required None
Parking Required 2 spaces per 1-BR and Efficiency unit up to 1,500 sq. ft. 2 spaces per 2-BR unit 2.5 spaces per 3-BR unit and Efficiency units of 1,500 sq. ft. to 2,000 sq. ft. 3 spaces per 4-BR unit and Efficiency units of 2,000 sq. ft. or more .25 spaces per unit for guest parking
Required Bicycle Parking
Long Term None required
Short Term None required
Transitional Height Limitations None required
Required Open Space DSP-TD zone: 20% of lot area R-1250 zone: 25% of lot area
Other Development Notes
Development Potential (with TOC or DB)
Maximum FAR 2:1 in DSP-TD zone, 1.2:1 in R-1250 zone (Eligible for increase through bonus incentives)
Maximum Height
Feet

65 ft. in DSP-TD zone, 36 ft. in R-1250 zone

Eligible for increase through bonus incentives

Stories

None in DSP-TD zone, 3 in R-1250 zone

Eligible for increase through bonus incentives

Minimum Setbacks
Front

8 ft.

Along Central Ave.

Side

1 ft. in DSP-TD zone, 20 ft. in R-1250 zone

23 ft. average required in R-1250 zone

Back

5 ft.

8 ft. average required in R-1250 zone

Max Buildable Area, Footprint 35,737 sq. ft. (15,188 sq. ft. in DSP-TD zone + 20,549 in R-1250 zone)
Max Buildable Area, Envelope 80,818 sq. ft. (31,500 sq. ft. in DSP-TD zone + 49,318 in R-1250 zone)
Max Dwelling Units 113 (50 in DSP-TD zone + 63 in R-1250 zone)
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; 2 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 None required
Required Open Space Eligible for decrease through bonus incentives
Other Development Notes 50% density bonus pursuant to AB 2345 assumed Eligible for bonus incentives/concessions through Density Bonus Additional bonuses for Height and FAR may be pursued in DSP-TD zone as outlined in Specific Plan
Jurisdictional
Legal Description Lots 13-20 & 48-50, TR 253
Land Use High Density Residential, Downtown Transitional
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 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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