Brick+Work

Downtown Long Beach 18k sq. ft. Lot, No Residential Density Limit

Long Beach

Downtown Long Beach 18k sq. ft. Lot, No Residential Density Limit

APN: 7281-023-013

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Downtown Plan
Zone/District
No Residential Density Limit
Max Unit
18,202 sq. ft.
Lot Size
N/A
TOC
1
Lots
Existing Conditions
Floor Area 3,852 sq. ft.
Units 0
Year Constructed 1921
Assessed Improvement Value $179,329
Assessed Land Value $414,727
Development Potential (By-Right)
Maximum FAR 8:1
Maximum Height
Feet

240 ft.

Stories

None

Minimum Setbacks
Front

0 ft.

Side

0 ft./3.75 ft.

0 ft. interior side, 3.75 ft. on alley side

Back

5 ft.

10 ft. from alley midpoint

Max Buildable Area, Footprint 17,027 sq. ft.
Max Buildable Area, Envelope 145,616 sq. ft.
Max Dwelling Units No Residential Density Limit
Affordable Units Required None
Parking Required 1 space per unit plus 1 guest space per 4 units; plus commercial parking
Required Bicycle Parking
Long Term 1 space per 5 units; plus commercial parking
Short Term N/A
Transitional Height Limitations None required
Required Open Space 5% of lot area for projects with 20 units or less 15% of lot area plus 500 sq. ft. indoor community space for projects with 21 or more units
Other Development Notes
Development Potential (with TOC or DB)
Maximum FAR 11:1
Maximum Height
Feet

500 ft.

Stories

None

Minimum Setbacks
Front

0 ft.

Side

0 ft./3.75 ft.

0 ft. interior side, 3.75 ft. on alley side

Back

5 ft.

10 ft. from alley midpoint

Max Buildable Area, Footprint 17,027 sq. ft.
Max Buildable Area, Envelope 200,222 sq. ft.
Max Dwelling Units No Residential Density Limit
Affordable Units Required None required*
Parking Required 1 space per unit plus 1 guest space per 4 units; plus commercial parking
Required Bicycle Parking
Long Term 1 space per 5 units; plus commercial parking
Short Term N/A
Transitional Height Limitations None required
Required Open Space 5% of lot area for projects with 20 units or less; 15% of lot area plus 500 sq. ft. indoor community space for projects with 21 or more units
Other Development Notes Bonus FAR and height through utilization of Green Building and Public Open Space Incentives
Jurisdictional
Legal Description Lots 31-34, Block 116, Long Beach Tract
Land Use Downtown 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 Long Beach 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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