Brick+Work

Pasadena RM-32 Property, 13 Potential Units with Density Bonus

PASADENA

Pasadena RM-32 Property, 13 Potential Units with Density Bonus

APN: 5748-011-014

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RM-32 HL-1
Zone/District
13
Max Unit
12,046 sq. ft.
Lot Size
N/A
TOC
1
Lots
Existing Conditions
Floor Area 3,008 sq. ft.
Units 4
Year Constructed 1957
Assessed Improvement Value $98,725
Assessed Land Value $302,335
Development Potential (By-Right)
Maximum FAR None
Maximum Height
Feet

23 ft. to top plate height

32 ft. to highest ridge line

Stories

2

Minimum Setbacks
Front

20 ft.

Side

5 ft. for a distance of 40 ft. behind the front-setback line,

0 ft. thereafter

Back

0 ft.

Max Buildable Area, Footprint 10,046 sq. ft.
Max Buildable Area, Envelope 20,092 sq. ft.
Max Dwelling Units 8
Affordable Units Required None
Parking Required 2 covered spaces per unit 650 sq. ft. or larger 1 covered space per unit less than 650 sq. ft. 1 guest parking space per 10 units
Required Bicycle Parking
Long Term 1 space per 6 dwelling units
Short Term 1 space per 6 dwelling units
Transitional Height Limitations None required
Required Open Space 2,047 sq. ft. main common open space; 3,493 sq. ft. total open space
Other Development Notes Per Pasadena Municipal Code, lots of 10,000 sq. ft. are allowed a minimum of 1,360 sq. ft. per dwelling unit.
Development Potential (with TOC or DB)
Maximum FAR None
Maximum Height
Feet

23 ft. to top plate height

Eligible for increase through bonus incentives; 32 ft. to highest ridge line

Stories

2

Eligible for increase through bonus incentives

Minimum Setbacks
Front

20 ft.

Eligible for decrease through incentives

Side

5 ft. for a distance of 40 ft. behind the front-setback line,

0 ft. thereafter; eligible for decrease through incentives

Back

0 ft.

Max Buildable Area, Footprint 10,046 sq. ft.
Max Buildable Area, Envelope 20,092 sq. ft.
Max Dwelling Units 13
Affordable Units Required 11% for Very Low income; 20% for Low income; or 40% Moderate income units
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 6 dwelling units
Short Term 1 space per 6 dwelling units
Transitional Height Limitations None required
Required Open Space Eligible for decrease through bonus incentives; 2,047 sq. ft. main common open space; 3,493 sq. ft. total open space
Other Development Notes Per Pasadena Municipal Code, lots of 10,000 sq. ft. are allowed a minimum of 1,360 sq. ft. per dwelling unit.
Jurisdictional
Legal Description Lot 13, Weir and Stewarts Tract
Land Use Medium-High Density Residential
Area Planning Commission N/A
Community Plan Area N/A
Neighborhood Council N/A
Council District N/A
Councilmember N/A
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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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