Brick+Work

Encino C4 Lot, 150 Potential Units with TOC

Encino

Encino C4 Lot, 150 Potential Units with TOC

APN: 2261029008

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150
Max Unit
20,000 sq. ft.
Lot Size
Tier 1
TOC
1
Lots
Existing Conditions
Floor Area 9,506 sq. ft.
Units 0
Year Constructed 1974
Assessed Improvement Value $41,213
Assessed Land Value $2,223,317
Development Potential (By-Right)
Maximum FAR 1.5:1 for Mixed Use; 1.25:1 for Commercial Only
Maximum Height
Feet

45 ft.

Stories

6

Buildings used entirely for residential uses (and ground floor commercial in RAS zones) are only limited in height, not stories.

Minimum Setbacks
Front

1.5 ft.

Maximum 10 ft.

Side

0 ft.

Back

20 ft.

Max Buildable Area, Footprint 19,250 sq. ft.
Max Buildable Area, Envelope 30,000 sq. ft.
Max Dwelling Units 100
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 Portions of Buildings in C or M zones with certain distances of RW1 or more restrictive zones shall not exceed the following limits: Distance (ft.) Height (ft.) 0-49 25 50-99 33 100-199 61
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 *75% max lot coverage
Development Potential (with TOC or DB)
Maximum FAR 2.75:1
Maximum Height
Feet

56 ft.

Stories

7

Minimum Setbacks
Front

1.5 ft.

Side

0 ft.

Back

5 ft.

Max Buildable Area, Footprint 15,000 sq. ft.
Max Buildable Area, Envelope 55,000 sq. ft.
Max Dwelling Units 150
Affordable Units Required at least 8% for Extremely Low Income, or 11% for Very Low Income, or 20% for Low Income
Parking Required Shall not exceed .5 space per bedroom
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 shall be stepped back 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.
Required Open Space Up to 20% decrease in required open space
Other Development Notes
Jurisdictional
Legal Description PT Lot 1, TR 2955
Land Use Regional Center Commercial
Area Planning Commission South Valley
Community Plan Area Encino - Tarzana
Neighborhood Council Encino
Council District 5
Councilmember Paul Koretz
Red Flags
Property is subject to the requirements of the Ventura/Cahuenga Boulevard Corridor 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%)
NOI
Valuation
Equity After Completion
Equity Multiple
IRR

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