Brick+Work

Greater Wilshire R3 Property, 12 Potential Units with TOC Tier 2

Los Angeles

Greater Wilshire R3 Property, 12 Potential Units with TOC Tier 2

APN: 5525-031-009

$

$
[Q]R3-1
Zone/District
12
Max Unit
7,819 sq. ft.
Lot Size
Tier 2
TOC
1
Lots
Existing Conditions
Floor Area 6,174 sq. ft.
Units 4
Year Constructed 1927
Assessed Improvement Value $255,159
Assessed Land Value $473,587
Development Potential (By-Right)
Maximum FAR 3:1
Maximum Height
Feet

45 ft.

Stories

None

Minimum Setbacks
Front

10 ft.

Lot can be considered a Key Lot

Side

5 ft.

add 1 foot of side setback for each story over 2, not to exceed 16 ft.

Back

15 ft.

Max Buildable Area, Footprint 5,019 sq. ft.
Max Buildable Area, Envelope 15,057 sq. ft.
Max Dwelling Units 6
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

56 ft

Stories

None

Minimum Setbacks
Front

10 ft.

Eligible for decrease through bonus incentives; Lot can be considered a Key Lot

Side

5 ft.

add 1 foot of side setback for each story over 2, not to exceed 16 ft.

Back

10.5 ft.

Max Buildable Area, Footprint 5,289 sq. ft.
Max Buildable Area, Envelope 23,007 sq. ft.
Max Dwelling Units 12
Affordable Units Required at least 9% for Extremely Low Income, or 12% for Very Low Income, or 21% 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 None required
Required Open Space Up to 20% decrease in required open space
Other Development Notes
Jurisdictional
Legal Description Lot 141, TR 8498 Tract
Land Use Medium Residential
Area Planning Commission Central
Community Plan Area Wilshire
Neighborhood Council Greater Wilshire
Council District 5
Councilmember Paul Koretz
Red Flags
Properties subject to the Rent Stabilization Ordinance (RSO) must replace existing affordable units at a rate of 1 to 1 or 20% of new proposed units, whichever is greater.
Per Ord No. 165331, residential uses shall be permitted at a density not to exceed one dwelling unit per 1,200 sq. ft. of lot area.
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Particulars By-Right TOC or DB
Total Buildable
Net Buildable
Average Construction Cost
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Total Soft Costs
Total Development Budget
Gross Annual Rents
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