Brick+Work

Echo Park R4P-1 Lot, 48 Potential Units with TOC 2

Los Angeles

Echo Park R4P-1 Lot, 48 Potential Units with TOC 2

APN: 5159-012-035

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48
Max Unit
5,891 sq. ft.
Lot Size
Tier 2
TOC
1
Lots
Existing Conditions
Floor Area N/A
Units N/A
Year Constructed N/A
Assessed Improvement Value $0
Assessed Land Value $226,202
Development Potential (By-Right)
Maximum FAR 3:1
Maximum Height
Feet

None

Stories

None

Minimum Setbacks
Front

15 ft.

Side

4 ft.

10% lot width when lot width is less than 50 ft.; +1 ft. for each story over 2nd, not to exceed 16 ft

Back

15 ft.

Max Buildable Area, Footprint 3,914 sq. ft.
Max Buildable Area, Envelope 11,742 sq. ft.
Max Dwelling Units 29
Affordable Units Required None
Parking Required 1 space per unit with less than 3 habitable rooms 1.5 spaces per unit with 3 habitable rooms 2 spaces per unit with more than 3 habitable rooms 1 space per guest room (first 30)
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 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 4.35:1
Maximum Height
Feet

None

Stories

None

Minimum Setbacks
Front

15 ft.

Eligible for decrease through bonus incentives

Side

2.8 ft.

Back

10.5 ft.

Max Buildable Area, Footprint 4,452 sq. ft.
Max Buildable Area, Envelope 19,366 sq. ft.
Max Dwelling Units 48
Affordable Units Required at least 11% for extremely low income, 15% for very low income, and 25% for low income
Parking Required Shall not exceed .5 space per unit
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 The building height limit shall be stepped-back at a 45 degree angle as measured from a horizontal plane originating 15 feet above grade at the property line of the adjoining lot in the RW1 Zone or more restrictive residential zone or Specific Plan subarea
Required Open Space Up to 20% decrease in required open space
Other Development Notes
Jurisdictional
Legal Description LT 1, TR 62412
Land Use Highway Oriented Commerical
Area Planning Commission Central
Community Plan Area Westlake
Neighborhood Council Echo Park
Council District 13
Councilmember Mitch O'Farrell
Red Flags
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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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