Brick+Work

Pasadena Central District Corner Property, 66 Potential Units with Max Density Bonus Plus Live/Work

Pasadena

Pasadena Central District Corner Property, 66 Potential Units with Max Density Bonus Plus Live/Work

APN: 5713-029-036, 5713-029-037

$

$
CD-1, CD-6
Zone/District
66*
Max Unit
47,829 sq. ft.
Lot Size
No
TOC
1
Lots
Existing Conditions
Floor Area 4,640 sq. ft. (combined)
Units 0 (combined)
Year Constructed 1993/1996
Assessed Improvement Value $1,369,671 (combined)
Assessed Land Value $2,313,049 (combined)
Development Potential (By-Right)
Maximum FAR 2:1 on northern lot; 1.25:1 on southern lot
Maximum Height
Feet

40 ft. on northern lot; 35 ft. on southern lot

50 ft. max utilizing height averaging on northern lot; 45 ft. max utilizing height averaging on northern lot

Stories

None

Minimum Setbacks
Front

0 ft.

Side

10 ft./0 ft.

10 ft. along Pasadena Ave.

Back

10 ft.

Along Waverly Dr.

Max Buildable Area, Footprint 44,419 sq. ft.
Max Buildable Area, Envelope 83,279 sq. ft.
Max Dwelling Units 43*
Affordable Units Required None
Parking Required 1.5 space per unit 650 sq. ft. or larger; 1 space pet unit less than 650 sq. ft.; not more than 1 space per 10 units; at least 10% reduction (max 20%) for commercial parking requirements
Required Bicycle Parking
Long Term 1 space/6 DU; plus 4 spaces for nonresidential uses. If nonresidential FA exceeds 15,000 sq. ft., required bicycle parking will be 5% of vehicle parking
Short Term N/A
Transitional Height Limitations None required
Required Open Space 30% of net floor area (per Urban Housing requirements) Mixed Use developments must provide 150 sq. ft. of community space per dwelling unit
Other Development Notes *unit count max only on northern lot; southern lot only permits live/work units with no density limit
Development Potential (with TOC or DB)
Maximum FAR 2.5:1 on northern lot; 1.75:1 on southern lot
Maximum Height
Feet

52 ft. on northern lot; 47 ft. on southern lot

62 ft. max utilizing height averaging; on northern lot; 57 ft. max utilizing height averaging on northern lot; increase not over no more than 60% of the proposed footprint of the respective building.

Stories

None

Minimum Setbacks
Front

0 ft.

Side

5 ft./0 ft.

5 ft. along Pasadena Ave.

Back

10 ft.

Along Waverly Dr.

Max Buildable Area, Footprint 45,719 sq. ft.
Max Buildable Area, Envelope 107,194 sq. ft.
Max Dwelling Units 66*
Affordable Units Required at least 17% for Very Low Income, 30% for Low Income, or 55% for Moderate Income (for sale) (50% density bonus)
Parking Required up to 50% below otherwise applicable standards
Required Bicycle Parking
Long Term 1 space/6 DU; plus 4 spaces for nonresidential uses. If nonresidential FA exceeds 15,000 sq. ft., required bicycle parking will be 5% of vehicle parking
Short Term N/A
Transitional Height Limitations None required
Required Open Space Eligible for decrease through bonus incentives
Other Development Notes *unit count max only on northern lot; southern lot only permits live/work units with no density limit
Jurisdictional
Legal Description Lots 20-22, Galbraith AND Thomas' Tract; PT Lot 1, Block B, James Smith Tract; Lots 1 & 6, A R Pierce's Replat; PT Lots 1 & 3, James Smith's Tract
Land Use Medium Commercial
Area Planning Commission N/A
Community Plan Area N/A
Neighborhood Council N/A
Council District N/A
Councilmember N/A
Red Flags
Property is subject to the requirements of the Central District Specific Plan, which could limit the development potential of the site.
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Particulars By-Right TOC or DB
Total Buildable
Net Buildable
Average Construction Cost
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Total Soft Costs
Total Development Budget
Gross Annual Rents
Expenses (25%)
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