Brick+Work

North Hills 26k sq. ft. RD3 Property, 13 Unit Potential

North Hills

North Hills 26k sq. ft. RD3 Property, 13 Unit Potential

APN: 2656-022-019

$

$
13
Max Unit
26,022 sq. ft.
Lot Size
N/A
TOC
1
Lots
Existing Conditions
Floor Area 1,731 sq. ft.
Units 1
Year Constructed 1946
Assessed Improvement Value $86,133
Assessed Land Value $159,169
Development Potential (By-Right)
Maximum FAR 3:1
Maximum Height
Feet

45 ft.

Stories

None

Minimum Setbacks
Front

15 ft.

Side

8.52 ft.

Back

15 ft.

Max Buildable Area, Footprint 18,744 sq. ft.
Max Buildable Area, Envelope 56.232 sq. ft.
Max Dwelling Units 8
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; 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
Development Potential (with TOC or DB)
Maximum FAR 4.05:1
Maximum Height
Feet

56 ft.

Stories

None

Minimum Setbacks
Front

15 ft.

Side

8.52 ft.

Back

12 ft.

Max Buildable Area, Footprint 18,948 sq. ft.
Max Buildable Area, Envelope 75,913 sq. ft.
Max Dwelling Units 13
Affordable Units Required at least 11% for Very Low Income, 20% for Low Income, or 30% 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 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 20% decrease in required open space
Other Development Notes
Jurisdictional
Legal Description Lot FR 47, TR 2070
Land Use Low Medium I Residential
Area Planning Commission North Valley
Community Plan Area Mission Hills-Panorama City-North Hills
Neighborhood Council North Hills East
Council District 7
Councilmember Monica Rodriguez
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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%)
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Valuation
Equity After Completion
Equity Multiple
IRR

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