Brick+Work

Mid City C4 Lot, 33 Potential Units with TOC Tier 3

Los Angeles

Mid City C4 Lot, 33 Potential Units with TOC Tier 3

APN: 5082-012-007

Print Friendly and PDF
C4-1VL-O-CPIO
Zone/District
33
Max Unit
7,441 sq. ft.
Lot Size
Tier 3
TOC
1
Lots
Existing Conditions
Floor Area 2,382 sq. ft.
Units 0
Year Constructed 1922
Assessed Improvement Value $93,186
Assessed Land Value $37,571
Development Potential (By-Right)
Maximum FAR 1.5:1
Maximum Height
Feet

45 ft.

architectural features may exceed the maximum building height by up to 20 percent.

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

0 ft.

Side

0 ft. for commercial uses; 5 ft. for residential uses

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

Back

0 ft. for commercial uses; 15 ft. for residential uses

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

Max Buildable Area, Footprint 7,441 sq. ft.
Max Buildable Area, Envelope 11,161 sq. ft.
Max Dwelling Units 9
Affordable Units Required at least 15% of all new and rehabilitated dwelling units developed within the Project Area by public or private entities shall be available at affordable housing cost to persons and families of low- or moderate-income; and of such 15%, not less than 40% shall be available at affordable housing cost to very low-income households
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 Per the CPIO- 100% residential developments are prohibited, Commercial Corridor lot densities are limited to R3 densities and the number of units permitted for an Affordable Housing Incentive Project shall be calculated based on the density of the underlying zoning.
Development Potential (with TOC or DB)
Maximum FAR 2.175:1
Maximum Height
Feet

67 ft.

Architectural features may exceed the maximum building height by up to 20 percent.; Projects located in a zone where the maximum height is 45 ft. or less, or located within a Specific Plan that limits height, height increases over 11 ft. must be stepped-back at least 15 ft. from the exterior face of the ground floor building located at any street frontage.

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

0 ft.

Side

0 ft. for commercial uses; 5 ft. for residential uses

Back

0 ft. for commercial uses; 15 ft. for residential uses

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

Max Buildable Area, Footprint 7,441 sq. ft.
Max Buildable Area, Envelope 16,184 sq. ft.
Max Dwelling Units 33
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 0.5 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 Per the CPIO- 100% residential developments are prohibited, Commercial Corridor lot densities are limited to R3 densities and the number of units permitted for an Affordable Housing Incentive Project shall be calculated based on the density of the underlying zoning.
Jurisdictional
Legal Description FR 34, Victoria Park Tract
Land Use Neighborhood Commercial
Area Planning Commission South Los Angeles
Community Plan Area West Adams-Baldwin Hills-Leimert
Neighborhood Council Mid City
Council District 10
Councilmember Mark Ridley-Thomas
Red Flags
Project is subject to the requirements of the Mid-City Recovery Redevelopment Project, which could limit the development potential of the site
Property is subject to the requirements of the West Adams - Baldwin Hills - Leimert Community Plan Implementation Overlay, which could limit the development potential of the site.
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.