Brick+Work

Pasadena R4 Property, 23 Potential Units with Density Bonus

Pasadena

Pasadena R4 Property, 23 Potential Units with Density Bonus

APN: 5330-006-005

$

$
23
Max Unit
14,746 sq. ft.
Lot Size
N/A
TOC
1
Lots
Existing Conditions
Floor Area 3,658 sq. ft. (combined)
Units 7 (combined)
Year Constructed 1931-1956
Assessed Improvement Value $53,732
Assessed Land Value $47,046
Development Potential (By-Right)
Maximum FAR None
Maximum Height
Feet

13 times buildable area

Stories

None

Minimum Setbacks
Front

15 ft.

Side

5 ft.

Back

15 ft.

Max Buildable Area, Footprint 10,551 sq. ft.
Max Buildable Area, Envelope no FAR or story limit for envelope
Max Dwelling Units 16
Affordable Units Required None
Parking Required Bachelor:1 covered standard space per dwelling unit. Efficiency and one-bedroom:1.5 covered standard space per dwelling unit. Two or more bedrooms: 1.5 covered standard space per dwelling unit and 0.5 covered or uncovered standard spaces per dwelling unit. Guest parking for apartment houses with at least 10 units:1 standard space for guests per 4 dwelling units of the total number of dwelling units.
Required Bicycle Parking
Long Term 1 space for every 2 dwelling units
Short Term 1 space for every 10 dwelling units
Transitional Height Limitations None Required
Required Open Space at least 10% of the project area shall be provided for and maintained as common or private recreational space for use by the residents of the development. Landscaping required for the development may count towards this requirement as long as the landscaping is usable recreational space.
Other Development Notes
Development Potential (with TOC or DB)
Maximum FAR None
Maximum Height
Feet

13 times buildable area

Eligible for increase through bonus incentives

Stories

None

Minimum Setbacks
Front

15 ft.

Eligible for decrease through bonus incentives

Side

5 ft.

Eligible for decrease through bonus incentives

Back

15 ft.

Eligible for decrease through bonus incentives

Max Buildable Area, Footprint 10,551 sq. ft.
Max Buildable Area, Envelope no FAR or story limit for envelope
Max Dwelling Units 23
Affordable Units Required at least 7% for Extremely Low Income, or 11% for Very Low Income, or 20% for Low Income
Parking Required 1 space per unit with 0-1 bedroom; 2 spaces per unit with 2-3 bedrooms; 2.5 per unit with 4 bedrooms or more
Required Bicycle Parking
Long Term 1 space for every 2 dwelling units
Short Term 1 space for every 10 dwelling units
Transitional Height Limitations None Required
Required Open Space Eligible for decrease through bonus incentives
Other Development Notes
Jurisdictional
Legal Description Lot 22, Block A, Huntington Drive Tract
Land Use Medium Density Multiple Residence
Area Planning Commission N/A
Community Plan Area N/A
Neighborhood Council N/A
Council District N/A
Councilmember N/A
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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