Brick+Work

Montebello R-3 Property, 18 Potential Units with Density Bonus

Montebello

Montebello R-3 Property, 18 Potential Units with Density Bonus

APN: 6343-022-021

$

18
Max Unit
33,268 sq. ft.
Lot Size
N/A
TOC
1
Lots
Existing Conditions
Floor Area 2,832 sq. ft.
Units 3
Year Constructed Several
Assessed Improvement Value $116,399
Assessed Land Value $192,563
Development Potential (By-Right)
Maximum FAR None
Maximum Height
Feet

25 ft.

Stories

None

Minimum Setbacks
Front

25 ft.

Side

5 ft.

Back

10 ft.

Max Buildable Area, Footprint 19,961 sq. ft.
Max Buildable Area, Envelope No FAR or Stories Limit
Max Dwelling Units 11
Affordable Units Required None
Parking Required 2 enclosed spaces per dwelling unit plus 1 visitor space per 3 dwelling units
Required Bicycle Parking
Long Term None required
Short Term None required
Transitional Height Limitations None required
Required Open Space 150 sq. ft. private open space per unit 100 sq. ft. common open space per unit 300 sq. ft. total open space per unit
Other Development Notes 60% maximum lot coverage
Development Potential (with TOC or DB)
Maximum FAR None
Maximum Height
Feet

25 ft.

Eligible for increase through bonus incentives

Stories

None

Minimum Setbacks
Front

25 ft.

Side

5 ft.

Eligible for decrease through bonus incentives

Back

10 ft.

Eligible for decrease through bonus incentives

Max Buildable Area, Footprint 19,961 sq. ft.
Max Buildable Area, Envelope No FAR or stories limit
Max Dwelling Units 18
Affordable Units Required at least 15% for Very Low Income, 24% for Low Income, or 44% for Moderate Income (for sale)
Parking Required 1 space per unit with 0-1 bedrooms; 1.5 spaces per units with 2-3 bedrooms; 2.5 spaces per units with 4 or more bedrooms
Required Bicycle Parking
Long Term None required
Short Term None required
Transitional Height Limitations None required
Required Open Space Eligible for decrease through bonus incentives
Other Development Notes
Jurisdictional
Legal Description Lot 5, TR 1528
Land Use Multiple Family Residential
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

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.

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