Brick+Work

Mid City Triplex

Los Angeles

Mid City Triplex

APN: 5063-001-006

$ 650K650000

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$ 650000
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RD1.5-1
Zone/District
3
Max Unit
5,084 sq. ft.
Lot Size
Tier 1
TOC
1
Lots
Existing Conditions
Floor Area 915 sq. ft.
Units 1
Year Constructed 1939
Assessed Improvement Value $50,277
Assessed Land Value $20,817
Development Potential (By-Right)
Maximum FAR 3:1
Maximum Height
Feet

45 ft.

Stories

None

Minimum Setbacks
Front

15 ft.

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 2,470 sq. ft.
Max Buildable Area, Envelope 7,410 sq. ft.
Max Dwelling Units 3
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;
Short Term 1 space per 10 units for units 0-25;
Transitional Height Limitations None required
Required Open Space None required (6 or more units only)
Other Development Notes
Development Potential (with TOC or DB)
Maximum FAR N/A
Maximum Height
Feet

N/A

Stories

N/A

Minimum Setbacks
Front

N/A

Side

N/A

Back

N/A

Max Buildable Area, Footprint N/A
Max Buildable Area, Envelope N/A
Max Dwelling Units 3
Affordable Units Required N/A
Parking Required N/A
Required Bicycle Parking
Long Term N/A
Short Term N/A
Transitional Height Limitations N/A
Required Open Space N/A
Other Development Notes Not Eligible for Bonus Incentives
Jurisdictional
Legal Description PT Lot 1043, TR 1566
Land Use Low Medium II Residential
Area Planning Commission South Los Angeles
Community Plan Area West Adams-Baldwin Hills-Leimert
Neighborhood Council Mid City
Council District 10
Councilmember Herb J. Wesson, Jr.
Red Flags
Development Plans on this property will be subject to review by the Mid-City Recovery Redevelopment Project. 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
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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