Brick+Work

Pine Ave, Long Beach 200+ Units

Pine Ave, Long Beach 200+ Units

APN:

$

288
Max Unit
30,000 sq. ft.
Lot Size
No
TOC
4
Lots
Existing Conditions
Floor Area 25,058 sq. ft. (combined)
Units 0
Year Constructed Several
Assessed Improvement Value $424,635 (combined)
Assessed Land Value $1,004,319 (combined)
Development Potential (By-Right)
Maximum FAR 5:1
Maximum Height
Feet

150 ft.

Stories

None

Minimum Setbacks
Front

0 ft.

Side

0 ft.

Back

0 ft.

Max Buildable Area, Footprint 30,000 sq. ft.
Max Buildable Area, Envelope 150,000 sq. ft.
Max Dwelling Units 212
Affordable Units Required None
Parking Required 1 space per unit plus 1 guest space per 4 units; plus commercial parking
Required Bicycle Parking
Long Term 1 space per 5 units; plus commercial parking
Short Term
Transitional Height Limitations N/A
Required Open Space Total Open Space must be 15% of lot area
Other Development Notes Max units based on 85% max buildable area divided by 600 sq. ft. minimum unit size
Development Potential (with TOC or DB)
Maximum FAR 5:1
Maximum Height
Feet

150 ft.

Stories

None

Minimum Setbacks
Front

0 ft.

Side

0 ft.

Back

0 ft.

Max Buildable Area, Footprint 30,000 sq. ft.
Max Buildable Area, Envelope 150,000 sq. ft.
Max Dwelling Units 288
Affordable Units Required None
Parking Required 1 space per unit plus 1 guest space per 4 units; plus commercial parking
Required Bicycle Parking
Long Term 1 space per 5 units; plus commercial parking
Short Term
Transitional Height Limitations None
Required Open Space Total Open Space must be 15% of lot area
Other Development Notes Max units based on 85% max buildable area divided by 600 sq. ft. minimum unit size with added 35% Density Bonus
Jurisdictional
Legal Description Lots 2,4,6,8,10,12,14, & 16, Subdivision of Block 8 in the Town of Long Beach
Land Use General 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 City of Long Beach Downtown Plan.
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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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