Brick+Work

P.I.C.O. RD2 Property, 3 Potential Units

Los Angeles

P.I.C.O. RD2 Property, 3 Potential Units

APN: 5070-010-009

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RD2-1-O
Zone/District
3
Max Unit
6,905 sq. ft.
Lot Size
Tier 1
TOC
1
Lots
Existing Conditions
Floor Area 1,412 sq. ft.
Units 1
Year Constructed 1924
Assessed Improvement Value $19,450
Assessed Land Value $33,368
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 4,025 sq. ft.
Max Buildable Area, Envelope 12,075 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; 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 Ineligible for TOC or Density Bonus due to lack of units
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 TOC or DB
Jurisdictional
Legal Description Lot 552, TR 5069
Land Use Low Medium II Residential
Area Planning Commission Central
Community Plan Area Wilshire
Neighborhood Council P.I.C.O.
Council District 10
Councilmember Mark Ridley-Thomas
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

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