Brick+Work

Lennox C3 Corner; 33 Potential Units Mixed Use

Inglewood

Lennox C3 Corner; 33 Potential Units Mixed Use

APN: 4034-024-004

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33
Max Unit
20,473 sq. ft.
Lot Size
No
TOC
1
Lots
Existing Conditions
Floor Area 1,686 sq. ft.
Units 0
Year Constructed 1914/1957
Assessed Improvement Value $8,479
Assessed Land Value $370,748
Development Potential (By-Right)
Maximum FAR 13:1
Maximum Height
Feet

None

Stories

None

Minimum Setbacks
Front

0 ft.

Side

0 ft.

Back

0 ft.

Max Buildable Area, Footprint 20,473 sq. ft.
Max Buildable Area, Envelope 266,149 sq. ft.
Max Dwelling Units 23
Affordable Units Required None
Parking Required 1 covered space per studio unit; 1.5 covered spaces per 1 bedrooom unit; 1.5 covered spaces and .5 covered or uncovered spaces per 2 or more bedroom unit; 1 space per 4 units for guest parking (10 or more units only)
Required Bicycle Parking
Long Term 1 space per 2 dwelling units (minimum 4 spaces)
Short Term 1 space per 10 dwelling units (minimum 4 spaces)
Transitional Height Limitations None required
Required Open Space 10% of lot area
Other Development Notes Density Limit only applicable for Mixed Use Projects, no density limit for residential only
Development Potential (with TOC or DB)
Maximum FAR 13:1 (Eligible for increase through bonus incentives)
Maximum Height
Feet

None

Stories

None

Minimum Setbacks
Front

0 ft.

Side

0 ft.

Back

0 ft.

Max Buildable Area, Footprint 20,473 sq. ft.
Max Buildable Area, Envelope 266,149 sq. ft.
Max Dwelling Units 33
Affordable Units Required at least 11% for Very Low Income, 20% for Low Income, or 40% for Moderate Income (for sale)
Parking Required 1 space per unit with 0-1 bedrooms; 2 spaces per units with 2-3 bedrooms; 2.5 spaces per units with 4 or more bedrooms
Required Bicycle Parking
Long Term 1 space per 2 dwelling units (minimum 4 spaces)
Short Term 1 space per 10 dwelling units (minimum 4 spaces)
Transitional Height Limitations None required
Required Open Space Eligible for decrease through bonus incentives
Other Development Notes Density Limit only applicable for Mixed Use Projects, no density limit for residential only
Jurisdictional
Legal Description PT Lot 481, TR 211
Land Use General Commercial
Area Planning Commission N/A
Community Plan Area N/A
Neighborhood Council N/A
Council District N/A
Councilmember N/A
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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