Brick+Work

Downtown R5 Corner Lot, Unlimited Density Potential

Los Angeles

Downtown R5 Corner Lot, Unlimited Density Potential

APN: 5148023017

$ 6M

[Q]R5-2D
Zone/District
No Residential Density Limit
Max Unit
5,460 sq. ft.
Lot Size
Tier 3
TOC
1
Lots
Existing Conditions
Floor Area 3,257 sq. ft.
Units 0
Year Constructed 1960
Assessed Improvement Value $95,602
Assessed Land Value $51,992
Development Potential (By-Right)
Maximum FAR 3:1
Maximum Height
Feet

None

Stories

None

Minimum Setbacks
Front

0 ft.

No Setbacks required per Greater Downtown Housing Incentive Area

Side

0 ft.

No Setbacks required per Greater Downtown Housing Incentive Area

Back

0 ft.

No Setbacks required per Greater Downtown Housing Incentive Area

Max Buildable Area, Footprint 5,460 sq. ft.
Max Buildable Area, Envelope 16,380 sq. ft.
Max Dwelling Units No Residential Density Limit
Affordable Units Required None
Parking Required By right parking for Central City: One space for each dwelling unit, except where there are more than six dwelling units of more than three habitable rooms per unit on any lot, the ratio of parking spaces required for all of such units shall be at least one and one-quarter parking spaces for each dwelling unit of more than three habitable rooms.
Required Bicycle Parking
Long Term 1 space per unit for units 0-25;
Short Term 1 space per 10 units for units 0-25;
Transitional Height Limitations None required
Required Open Space 100 sq ft per unit with less than 3 habitable rooms 125 sq ft per unit with 3 habitable rooms 175 sq ft per unit with more than 3 habitable rooms
Other Development Notes
Development Potential (with TOC or DB)
Maximum FAR 4.05:1
Maximum Height
Feet

None

Stories

None

Minimum Setbacks
Front

0 ft.

No Setbacks required per Greater Downtown Housing Incentive Area

Side

0 ft.

No Setbacks required per Greater Downtown Housing Incentive Area

Back

0 ft.

No Setbacks required per Greater Downtown Housing Incentive Area

Max Buildable Area, Footprint 5,460 sq. ft.
Max Buildable Area, Envelope 22,113 sq. ft.
Max Dwelling Units No Residential Density Limit
Affordable Units Required 5% of the total number of dwelling units shall be provided for Very Low Income households; and one of the following shall be provided: 10% of the total number of units for Low Income households OR 15% of the total number of units for Moderate Income households OR 20% of the total number of units for Workforce Income households (150% of Area Median Income)
Parking Required No more than one parking space shall be required for each dwelling unit; No parking spaces shall be required for dwelling units or guest rooms set aside for households earning less than 50% of the Area Median Income as determined by LAHD. No more than one parking space shall be required for each dwelling unit (including spaces allocated for guest parking)
Required Bicycle Parking
Long Term 1 space per unit for units 0-25; 1 spaces per 1.5 units for units 26-100; 1 spaces per 2 units for units 101-200; 1 spaces per 4 units for units 201+
Short Term 1 space per 10 units for units 0-25; 1 spaces per 15 unit for units 26-100; 1 spaces per 20 units for units 101-200; 1 spaces per 40 unit for units 201+
Transitional Height Limitations None required
Required Open Space Required open space may be reduced by one half, provided a fee is paid in lieu of providing the open space (the fee is the same as the relevant Quimby fee; however it is in ADDITION to the required Quimby fee)
Other Development Notes Greater Downtown Housing Incentive used
Jurisdictional
Legal Description PT Unnumbered Lot, Nordholdt Tract
Land Use High Medium Residential
Area Planning Commission Central
Community Plan Area Central City
Neighborhood Council Downtown Los Angeles
Council District 14
Councilmember Jose Huizar
Red Flags
Per ORD-164307-SA1565: the residential density is limited to that of R4 zone, the uses of the lot are restricted to that of C4 zone or more restrictive, parking buildings are not permitted unless they are accessory to the main use of the lot or the main use of a contiguous lot, and the floor area of the uses permitted in the C zones (other than schools and rescue missions) shall not exceed the buildable area.
Per ORD-164307-SA1565: The total floor area contained in all buildings on a lot shall not exceed three (3) times the buildable area of the lot, except for the following: (a) Projects approved under Section 418 (Transfer of Floor Area) of the Redevelopment Plan for the Central Business District Redevelopment Project; (b) Projects approved under Section 415 (Rehabilitation and/or Remodeling of Existing Buildings) or Section 416 (Replacement of Existing Buildings) of said Redevelopment Plan; (c) Projects for which a density variatlon of 50,000 square feet or less is granted under Section 437 of said Redevelopment Plan; (d) Projects for which a density variation of more than 50,000 square feet was granted under Section 437 of said Redevelopment Plan prior to the effective date of this ordinance; (e) Projects approved pursuant to any procedure to regulate transfers of floor area as may be adopted by the City Council. The term "floor area" shall mean floor area as defined in Municipal Code Sections 12.21.I-A-5 and 12.21.I-B.4.
Development Plans on this property will be subject to review by the Central Business District CRA/LA. This could also limit the utilization of TOC incentives
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
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