Brick+Work

Glendale SFMU Lot, 36 Potential Units with Density Bonus

Glendale

Glendale SFMU Lot, 36 Potential Units with Density Bonus

APN: 5623-025-036

Print Friendly and PDF
36
Max Unit
11,853 sq. ft.
Lot Size
N/A
TOC
1
Lots
Existing Conditions
Floor Area 956 sq. ft.
Units 0
Year Constructed 1940
Assessed Improvement Value $6,008
Assessed Land Value $239,331
Development Potential (By-Right)
Maximum FAR None
Maximum Height
Feet

60 ft.

Stories

4

Minimum Setbacks
Front

0 ft.

Side

0 ft.

Back

0 ft.

Max Buildable Area, Footprint 11,853 sq. ft.
Max Buildable Area, Envelope 47,412 sq. ft.
Max Dwelling Units 23
Affordable Units Required None
Parking Required Efficiencies of up to 1,500 square feet and 1 bedroom units - 2 spaces; 2 bedroom units - 2 spaces; Efficiencies of 1,501 to 2,000 square feet and 3 bedroom units - 2.5 spaces; Efficiencies of more than 2,000 square feet and any unit containing 4 or more bedrooms - 3 spaces; Guest parking - 1/4 space per unit
Required Bicycle Parking
Long Term 1 space per 4 units
Short Term 1 space per 20 units
Transitional Height Limitations None required
Required Open Space Minimum outdoor space of one hundred and forty (140) square feet shall be provided per dwelling unit; outdoor space may be provided as common or private space
Other Development Notes 100% residential uses are prohibited on lots fronting San Fernando Road. The Glendale Municipal code allows the site to utilize a density of 87 dwelling units per acre
Development Potential (with TOC or DB)
Maximum FAR None
Maximum Height
Feet

60 ft.

Eligible for increase through bonus incentives

Stories

4

Eligible for increase through bonus incentives

Minimum Setbacks
Front

0 ft.

Side

0 ft.

Back

0 ft.

Max Buildable Area, Footprint 11,853 sq. ft.
Max Buildable Area, Envelope 47,412 sq. ft.
Max Dwelling Units 36
Affordable Units Required at least 15% for Very Low Income, 24% for Low Income, or 44% for Moderate Income (for sale)
Parking Required 1 space per unit with 0-1 bedrooms; 1.5 spaces per units with 2-3 bedrooms; 2 spaces per units with 4 or more bedrooms
Required Bicycle Parking
Long Term 1 space per 4 units
Short Term 1 space per 20 units
Transitional Height Limitations None required
Required Open Space Eligible for decrease through bonus incentives
Other Development Notes 100% residential uses are prohibited on lots fronting San Fernando Road. The Glendale Municipal code allows the site to utilize a density of 87 dwelling units per acre The City of Glendale has adopted the 50% density bonus allowed by the State Assembly Bill.
Jurisdictional
Legal Description Lot 44, Tract No 3196
Land Use Commercial/Residential Mixed Use
Area Planning Commission N/A
Community Plan Area N/A
Neighborhood Council N/A
Council District N/A
Councilmember N/A
Red Flags
BRICK+WORK Analyzer
Calculator
Please Enter Land Cost.
Please Enter Average Rents in Area.
Ask Administrator to enter the required values for the calculation of Financial Analyser.
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

Property Report Disclaimer

All data are obtained from government sources. No attempt has been made to verify the data’s accuracy.

This report is for informational purposes only. Do not rely on this report to support real estate or investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was obtained.

By publishing this property, you represent and warrant that you have obtained the authorization from the property owner to market this property AND to take actions on behalf of the property owner.