Brick+Work

Pico Union, 24 Unit Potential, 3.75 Max FAR

Los Angeles

Pico Union, 24 Unit Potential, 3.75 Max FAR

APN: 5078-028-004

$

24
Max Unit
5,355 sq. ft.
Lot Size
Tier 3
TOC
1
Lots
Existing Conditions
Floor Area 2,688 sq. ft.
Units 2
Year Constructed 1901
Assessed Improvement Value $85,750
Assessed Land Value $596,603
Development Potential (By-Right)
Maximum FAR 1.5:1
Maximum Height
Feet

None

Stories

None

Minimum Setbacks
Front

0 ft.

Side

0 ft.

4.6 ft. side setback if residential uses on ground floor

Back

0 ft.

15 ft. back setback if residential uses on ground floor

Max Buildable Area, Footprint 5,355 sq. ft.
Max Buildable Area, Envelope 8,033 sq. ft.
Max Dwelling Units 13
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 per dwelling unit or guest room
Short Term 1 per 10 dwelling unit or guest room
Transitional Height Limitations Portions of Buildings in C or M zones with certain distances of RW1 or more restrictive zones shall not exceed the following limits: Distance (ft.) Height (ft.) 0-49 25 50-99 33 100-199 61
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
Development Potential (with TOC or DB)
Maximum FAR 3.75:1
Maximum Height
Feet

None

Stories

None

Minimum Setbacks
Front

0 ft.

Side

0 ft.

4.6 ft. side setback if residential uses on ground floor

Back

0 ft.

5 ft. back setback if residential uses on ground floor

Max Buildable Area, Footprint 4,085 sq. ft.
Max Buildable Area, Envelope 20,081 sq. ft.
Max Dwelling Units 24
Affordable Units Required at least 10% Extremely Low Income, or 14% Very Low Income, or 23% Low Income
Parking Required Less than .5 space per unit
Required Bicycle Parking
Long Term 1 per dwelling unit or guest room
Short Term 1 per 10 dwelling units or guest rooms
Transitional Height Limitations When bordering specific plan, overlay zone, or RW1 or more restrictive zone, the building height limit shall be stepped-back at a 45 degree angle as measured from a horizontal plane originating 25 ft. above grade at the property line of the adjoining lot.
Required Open Space Up to 25% decrease in required open space
Other Development Notes
Jurisdictional
Legal Description Lot FR 4, McLean's Subdivision of a Portion of Sec 25 T1S R14W
Land Use Neighborhood Commercial
Area Planning Commission Central
Community Plan Area Wilshire
Neighborhood Council Pico Union
Council District 1
Councilmember Gilbert Cedillo
Red Flags
Properties subject to the Rent Stabilization Ordinance (RSO) must replace existing affordable units at a rate of 1 to 1 or 20% of new proposed units, whichever is greater.
Project is within a State of California Opportunity Zone, which could allow for tax incentives for a redevelopment project on this site.
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Particulars By-Right TOC or DB
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Net Buildable
Average Construction Cost
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Total Soft Costs
Total Development Budget
Gross Annual Rents
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