Brick+Work

Monterey Park R-2 Property, 39 Potential Units

Monterey Park R-2 Property, 39 Potential Units

APN: 5256-015-907

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39
Max Unit
70,594 sq. ft.
Lot Size
N/A
TOC
1
Lots
Existing Conditions
Floor Area 0 sq. ft.
Units 0
Year Constructed N/A
Assessed Improvement Value $0
Assessed Land Value $0
Development Potential (By-Right)
Maximum FAR .35:1
Maximum Height
Feet

30 ft.

Stories

2

Minimum Setbacks
Front

25 ft.

Side

15 ft.

25 ft. for second floor

Back

25 ft.

Max Buildable Area, Footprint 24,708 sq. ft.
Max Buildable Area, Envelope 24,708 sq. ft.
Max Dwelling Units 25
Affordable Units Required None
Parking Required 3 or fewer bedrooms: 2 enclosed garage spaces; plus 1 guest parking space per 2 dwelling units 4 bedrooms: 2 enclosed garage spaces; plus 1 guest parking space per 1 dwelling unit 5 bedrooms: 3 enclosed garage spaces; plus 1 guest parking space per 1 dwelling unit 6 or more bedrooms: 3 enclosed garage spaces; plus 1 additional open parking space per bedroom above 5; plus 1 guest parking space per 1 dwelling unit
Required Bicycle Parking
Long Term None required
Short Term None required
Transitional Height Limitations None required
Required Open Space 250 sq. ft. per unit plus 600 sq. ft. common open space
Other Development Notes
Development Potential (with TOC or DB)
Maximum FAR .525:1
Maximum Height
Feet

41 ft.

No additional height is permitted for that portion of a building in a project that is located within fifteen (15) feet of a lot classified in the R-2 Zone; For each foot of additional height the building must be set back one horizontal foot.

Stories

3

Minimum Setbacks
Front

25 ft.

Side

15 ft.

25 ft. for second floor

Back

20 ft.

Max Buildable Area, Footprint 37,062 sq. ft.
Max Buildable Area, Envelope 37,062 sq. ft.
Max Dwelling Units 39
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 Up to 20% decrease in required open space
Other Development Notes
Jurisdictional
Legal Description Lots 199 & 210, Ramona Acres Plat No. 2
Land Use Medium Multiple Residential
Area Planning Commission N/A
Community Plan Area N/A
Neighborhood Council N/A
Council District N/A
Councilmember N/A
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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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