Brick+Work

Downtown Long Beach Vacant Corner Lot

Long Beach

Downtown Long Beach Vacant Corner Lot

APN: 7273-028-801

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Downtown Plan
Zone/District
No Residential Density Limit
Max Unit
16,500 sq. ft.
Lot Size
No
TOC
1
Lots
Existing Conditions
Floor Area 0 sq. ft.
Units 0
Year Constructed N/A
Assessed Improvement Value $0
Assessed Land Value $0
Development Potential (By-Right)
Maximum FAR 8:1
Maximum Height
Feet

240 ft.

Stories

None

Minimum Setbacks
Front

6 ft.

Side

0 ft.

5 ft. minimum for residential uses on ground floor

Back

0 ft.

5 ft. minimum for residential uses on ground floor

Max Buildable Area, Footprint 15,840 sq. ft.
Max Buildable Area, Envelope 132,000 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
Required Bicycle Parking
Long Term 1 space per 5 units
Short Term N/A
Transitional Height Limitations None required
Required Open Space 5% of lot area for projects with less than 21 residential units 15% of lot area for projects with more than 21 residential units Projects with 21 or more residential units must also provide 500 sq. ft. indoor community space
Other Development Notes
Development Potential (with TOC or DB)
Maximum FAR 11:1
Maximum Height
Feet

500 ft.

Stories

None

Minimum Setbacks
Front

6 ft.

Side

0 ft.

5 ft. minimum for residential uses on ground floor

Back

0 ft.

5 ft. minimum for residential uses on ground floor

Max Buildable Area, Footprint 15,840 sq. ft.
Max Buildable Area, Envelope 181,500 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
Required Bicycle Parking
Long Term 1 space per 5 units
Short Term N/A
Transitional Height Limitations None required
Required Open Space 5% of lot area for projects with less than 21 residential units 15% of lot area for projects with more than 21 residential units Projects with 21 or more residential units must also provide 500 sq. ft. indoor community space
Other Development Notes
Jurisdictional
Legal Description Lots 17-20 & Pt 21, Blockn 44, 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.
Project is within a State of California Opportunity Zone, which could allow for tax incentives for a redevelopment project on this 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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