Brick+Work

Pasadena FGSP-C-3B Lot, 21 Potential Units with Density Bonus

Pasadena

Pasadena FGSP-C-3B Lot, 21 Potential Units with Density Bonus

APN: 5726017043

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FGSP-C-3B
Zone/District
21
Max Unit
19,631 sq. ft.
Lot Size
N/A
TOC
1
Lots
Existing Conditions
Floor Area 10,800 sq. ft.
Units 0
Year Constructed 1953
Assessed Improvement Value $211,472
Assessed Land Value $221,650
Development Potential (By-Right)
Maximum FAR None
Maximum Height
Feet

36 ft.

Stories

None

Minimum Setbacks
Front

5 ft. for residential; 0 ft. for retail

Side

5 ft.

Back

5 ft.

Max Buildable Area, Footprint 16,316 sq. ft.
Max Buildable Area, Envelope 16,316 sq. ft.
Max Dwelling Units 14
Affordable Units Required None
Parking Required 1 covered space per unit less than 650 sq. ft. of net floor area 2 covered spaces per unit 650 sq. ft. or larger; Developments with 10 units or more shall also provide 1 guest parking space for each 10 units.
Required Bicycle Parking
Long Term 1 space for every six dwelling units
Short Term None required
Transitional Height Limitations None required
Required Open Space Not less than 150 sq. ft. per dwelling unit; at least 25 percent of this required minimum open space must be common open space
Other Development Notes Per the Specific Plan, 100% Residential developments are prohibited on lot; Site is limited to 32 d.u./a.c.
Development Potential (with TOC or DB)
Maximum FAR None
Maximum Height
Feet

36 ft.

Eligible for increase through bonus incentives

Stories

None

Minimum Setbacks
Front

5 ft. for residential; 0 ft. for retail

Eligible for decrease through incentives

Side

5 ft. for residential; 0 ft. for retail

Eligible for decrease through incentives

Back

5 ft. for residential; 0 ft. for retail

Eligible for decrease through bonus incentives

Max Buildable Area, Footprint 16,316 sq. ft.
Max Buildable Area, Envelope 16,316 sq. ft.
Max Dwelling Units 21
Affordable Units Required at least 11% for Very Low Income, 20% for Low Income, or 40% for Moderate Income (for sale only)
Parking Required 1 space per unit with 0-1 bedrooms; 1.5 spaces per units with 2-3 bedrooms; 2.5 spaces per units with 4 or more bedrooms
Required Bicycle Parking
Long Term 1 space for every six dwelling units
Short Term None required
Transitional Height Limitations None required
Required Open Space Eligible for decrease through bonus incentives
Other Development Notes Per the Specific Plan, 100% Residential developments are prohibited on lot; Site is limited to 32 d.u./a.c.
Jurisdictional
Legal Description Lot 1, PM 68-19 Tract
Land Use Fair Oaks/Orange Grove Specific Plan - Limited Commercial District 3, Subdistrict "c
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 Fair Oaks-Orange Grove 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
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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