Brick+Work

Hollywood Hills West 57k sq. ft. R4 Site, 164 Unit Potential with TOC

Los Angeles

Hollywood Hills West 57k sq. ft. R4 Site, 164 Unit Potential with TOC

APN: 5548-003-016, 5548-003-015, 5548-003-014, 5548-003-013

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[Q]R4-1VL
Zone/District
164
Max Unit
57,392 sq. ft.
Lot Size
Tier 3
TOC
4
Lots
Existing Conditions
Floor Area 91,937 sq. ft. (combined)
Units 124 (combined)
Year Constructed Several
Assessed Improvement Value $11,387,794 (combined)
Assessed Land Value $11,722,352 (combined)
Development Potential (By-Right)
Maximum FAR 3:1
Maximum Height
Feet

45 ft.

Stories

3

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

Minimum Setbacks
Front

15 ft.

15 ft. building line per ORD-111833

Side

5 ft./20 ft.

20 ft. building line per ORD-101791; add 1 ft. of side setback for each story over 2, not to exceed 16 ft.

Back

15 ft.

add 1 foot of back setback for each story over 3, not to exceed 20 ft.

Max Buildable Area, Footprint 44,892 sq. ft.
Max Buildable Area, Envelope 134,676 sq. ft.
Max Dwelling Units 95
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 4.5:1
Maximum Height
Feet

67 ft.

Stories

5

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

Minimum Setbacks
Front

15 ft.

15 ft. building line per ORD-111833

Side

3.5 ft./20 ft.

20 ft. building line per ORD-101791; add 1 ft. of side setback for each story over 2, not to exceed 16 ft.

Back

10.5 ft.

add 1 foot of side setback for each story over 3, not to exceed 20 ft.

Max Buildable Area, Footprint 46,378 sq. ft.
Max Buildable Area, Envelope 208,699 sq. ft.
Max Dwelling Units 164
Affordable Units Required at least 10% for Extremely Low Income, or 14% for Very Low Income, or 23% 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 25% decrease in required open space
Other Development Notes
Jurisdictional
Legal Description Lots 8 & 9, Block 3, Hollywood Ocean View Tract No. 2
Land Use High Medium Residential
Area Planning Commission Central
Community Plan Area Hollywood
Neighborhood Council Hollywood Hills West
Council District 13
Councilmember Mitch O'Farrell
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-165653, Resldentlal density shall be limited to a maximum of one dwelllng unit for each six hundred (600) square feet of lot.
Development Plans on this property will be subject to review by the Hollywood 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
Total Buildable
Net Buildable
Average Construction Cost
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Total Soft Costs
Total Development Budget
Gross Annual Rents
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