Brick+Work

Northridge C1 Lot, 60 Potential Units with Density Bonus

Northridge

Northridge C1 Lot, 60 Potential Units with Density Bonus

APN: 2783-025-043

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C1-1L, P-1
Zone/District
60
Max Unit
47,948 sq. ft.
Lot Size
No
TOC
1
Lots
Existing Conditions
Floor Area 20,823 sq. ft.
Units 0
Year Constructed 1985
Assessed Improvement Value $1,837,604
Assessed Land Value $1,576,376
Development Potential (By-Right)
Maximum FAR 1.5:1
Maximum Height
Feet

75 ft.

Stories

6

Minimum Setbacks
Front

0 ft.

Side

5 ft.

add 1 foot of side setback for each story over 2, not to exceed 16 ft.; side setbacks only required for corner lots, adjacent to A or R zone, or for residential uses (except for portions of residential in mixed use project as long as commercial uses or access to residential on ground floor and abuts a street, private street, or alley)

Back

15 ft.

add 1 foot of back setback for each story over 3, not to exceed 20 ft.; back setbacks only required if adjacent to A or R zone, or for residential uses (except for portions of residential in mixed use project as long as commercial uses or access to residential on ground floor and abuts a street, private street, or alley)

Max Buildable Area, Footprint 30,444 sq. ft.
Max Buildable Area, Envelope 45,666 sq. ft.
Max Dwelling Units 43
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 Portions of Buildings in C or M zones with certain distances of RW1 or more restrictive zones shall not exceed the following limits: Distance (ft.) Height (ft.) 0-49 25 50-99 33 100-199 61
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 only permitted in C1 portion of lot.
Development Potential (with TOC or DB)
Maximum FAR 2.025:1
Maximum Height
Feet

86 ft.

Stories

7

Minimum Setbacks
Front

0 ft.

Side

5 ft.

add 1 foot of side setback for each story over 2, not to exceed 16 ft.; side setbacks only required for corner lots, adjacent to A or R zone, or for residential uses (except for portions of residential in mixed use project as long as commercial uses or access to residential on ground floor and abuts a street, private street, or alley)

Back

12 ft.

add 1 foot of back setback for each story over 3, not to exceed 20 ft.; back setbacks only required if adjacent to A or R zone, or for residential uses (except for portions of residential in mixed use project as long as commercial uses or access to residential on ground floor and abuts a street, private street, or alley)

Max Buildable Area, Footprint 30,831 sq. ft.
Max Buildable Area, Envelope 62,433 sq. ft.
Max Dwelling Units 60
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; 2 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 No additional height shall be permitted for that portion of a building in a Housing Development Project that is located within fifteen feet of a lot classified in the R2 zone. No additional height shall be permitted for that portion of a building in a Housing Development Project that is located within 50 feet of a lot classified in an R1 or more restrictive or Project located on a lot sharing a common lot line with or across an alley from a lot classified in an R1 or more restrictive zone
Required Open Space Up to 20% decrease in required open space
Other Development Notes Development only permitted in C1 portion of lot.
Jurisdictional
Legal Description Lot 2, TR 24951
Land Use Neighborhood Office Commercial; Light Manufacturing
Area Planning Commission North Valley
Community Plan Area Chatsworth - Porter Ranch
Neighborhood Council Northridge South
Council District 12
Councilmember John Lee
Red Flags
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

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