Brick+Work

Reseda 60,000 sq. ft.+ Lot, 269 Unit Potential

Reseda 60,000 sq. ft.+ Lot, 269 Unit Potential

APN:

$

$
(T)(Q)RAS4-1VL-CDO-RIO
Zone/District
269
Max Unit
66,826 sq. ft.
Lot Size
Tier 2
TOC
5
Lots
Existing Conditions
Floor Area 31,019 sq. ft. (combined)
Units 0
Year Constructed Several
Assessed Improvement Value $2,642,406 (combined)
Assessed Land Value $4,828,492 (combined)
Development Potential (By-Right)
Maximum FAR 3:1
Maximum Height
Feet

50 ft.

Per Q condition

Stories

3

Buildings used entirely for residential uses (and ground floor commercial in RAS zones) are only limited in height, not stories.

Minimum Setbacks
Front

5 ft.

front setback may utilize average of adjoining buildings

Side

5 ft.

0 ft. side setback if ground floor is commercial

Back

5 ft.

15 ft. required back setback if adjacent to RD or more restrictive zone

Max Buildable Area, Footprint 62,130 sq. ft.
Max Buildable Area, Envelope 186,390 sq. ft.
Max Dwelling Units 167
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 4.35:1
Maximum Height
Feet

61 ft.

Projects located in a zone where the maximum height is 45 ft. or less, or located within a Specific Plan that limits height, height increases over 11 ft. must be stepped-back at least 15 ft. from the exterior face of the ground floor building located at any street frontage.

Stories

4

Buildings used entirely for residential uses (and ground floor commercial in RAS zones) are only limited in height, not stories.

Minimum Setbacks
Front

5 ft.

front setback may utilize average of adjoining buildings

Side

5 ft.

0 ft. side setback if ground floor is commercial

Back

3.5 ft.

15 ft. required back setback if adjacent to RD or more restrictive zone

Max Buildable Area, Footprint 62,415 sq. ft.
Max Buildable Area, Envelope 271,505 sq. ft.
Max Dwelling Units 269
Affordable Units Required at least 9% for Extremely Low Income residents, or 12% for Very Low Income residents, or 21% for Low Income Residents
Parking Required less than 1 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 shall be stepped back The building height limit shall be stepped-back at a 45 degree angle as measured from a horizontal plane originating 15 ft. above grade at the property line of the adjoining lot.
Required Open Space Up to 20% decrease in open space required by-right.
Other Development Notes
Jurisdictional
Legal Description Lots 5 & 6, TR 19363 & Lot FR 162, TR 1875
Land Use General Commercial
Area Planning Commission South Valley
Community Plan Area Reseda -West Van Nuys
Neighborhood Council Reseda
Council District 3
Councilmember Bob Blumenfield
Red Flags
Property is subject to the guidelines of the Reseda Central Business District Community Design Overlay, which could limit the development potential of the site.
Q Conditions have been incorporated into the provisions of the Reseda Business District Community Design Overlay. Properties in the RAS zone limited to a height of 50 ft.
Property is subject to the River Improvement Overlay zone, which could limit the design of a project on 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
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