Brick+Work

San Pedro RAS4 Lots, 102 Unit Potential with Density Bonus

san pedro

San Pedro RAS4 Lots, 102 Unit Potential with Density Bonus

APN: 7449017009

Print Friendly and PDF
[T][Q]RAS4-1L-CPIO
Zone/District
102
Max Unit
29,847 sq. ft.
Lot Size
No
TOC
1
Lots
Existing Conditions
Floor Area 1,971 sq. ft.
Units 0
Year Constructed 1971
Assessed Improvement Value $0
Assessed Land Value $1,911,835
Development Potential (By-Right)
Maximum FAR 3:1
Maximum Height
Feet

45 ft.

Stories

None

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.

Max Buildable Area, Footprint 26,562 sq. ft.
Max Buildable Area, Envelope 79,686 sq. ft.
Max Dwelling Units 74
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) A minimum 18 residential guest parking spaces shall be provided in addition to Municipal Code required parking which shall be readily accessible, conveniently located and specifically reserved for guests.
Required Bicycle Parking
Long Term 1 space per unit for units 0-25; 1 spaces per 1.5 units for units 26-100; 1 spaces per 2 units for units 101-200; 1 spaces per 4 units for units 201+
Short Term 1 space per 10 units for units 0-25; 1 spaces per 15 unit for units 26-100; 1 spaces per 20 units for units 101-200; 1 spaces per 40 unit for units 201+
Transitional Height Limitations None required
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 Per CPIO, 100% residential projects are prohibited, except live/work Projects on properties that front 200 feet or more of a single street shall include open space that is all of the following: (a) A minimum of 5,000 square feet; (b) Located on the ground level with direct pedestrian connection to the adjacent street; (c) Unenclosed by any wall, fence, gate, or other obstruction; (d) Lined with Ground Floor tenant spaces usable for retail uses, including one or more restaurants, along at least 20 percent of the building frontage that abuts the open space; (e) At least 40 percent landscaped with usable lawn or similar usable groundcover or artificial grass, or with plant materials that are low maintenance, and native or drought-tolerant; and (f) Improved with Pedestrian Amenities.
Development Potential (with TOC or DB)
Maximum FAR 4.05:1
Maximum Height
Feet

56 ft.

Stories

None

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

4 ft.

Max Buildable Area, Footprint 26,702 sq. ft.
Max Buildable Area, Envelope 108,142 sq. ft.
Max Dwelling Units 102
Affordable Units Required at least 11% for Very Low Income, 20% for Low Income, or 30% for Moderate Income (for sale)
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 unit for units 0-25; 1 spaces per 1.5 units for units 26-100; 1 spaces per 2 units for units 101-200; 1 spaces per 4 units for units 201+
Short Term 1 space per 10 units for units 0-25; 1 spaces per 15 unit for units 26-100; 1 spaces per 20 units for units 101-200; 1 spaces per 40 unit for units 201+
Transitional Height Limitations None required
Required Open Space Up to 20% decrease in required open space
Other Development Notes
Jurisdictional
Legal Description Lots 1-4, 7-10, TR 6880
Land Use Community Commercial
Area Planning Commission Harbor
Community Plan Area San Pedro
Neighborhood Council Central San Pedro
Council District 15
Councilmember Joe Buscaino
Red Flags
Per ORD-185541-SA172: 1. Maintain existing [T][Q] as imposed through Ordinance 178,405, subject to paragraph 2, below. 2. The San Pedro CPIO District ordinance shall not apply to the use and development of the property identified as Assessor Parcel Nos. 7449014019 and 7449017009 provided the property is developed pursuant to Ordinance No. 178,405 and the entitlements found in City Planning Case No. CPC2005-1988-GPA-ZC-HD-ZV (Council File No. 06-2941). Development that is not consistent with Ordinance No. 178,405 and the entitlements found in City Planning Case No. CPC-2005-1988-GPA-ZC-HD-ZV shall comply with the San Pedro CPIO District, including the Central Commercial Subarea regulations.
Development Plans on this property will be subject to review by the Pacific Corridor CRA/LA. This could also limit the utilization of TOC incentives
Property is subject to the requirements of the San Pedro CPIO, subarea Central Commercial E, which could limit the development potential of the site.
Project is within a State of California Opportunity Zone, which could allow for tax incentives for a redevelopment project on this site.
BRICK+WORK Analyzer
Calculator
Please Enter Land Cost.
Please Enter Average Rents in Area.
Ask Administrator to enter the required values for the calculation of Financial Analyser.
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

Property Report Disclaimer

All data are obtained from government sources. No attempt has been made to verify the data’s accuracy.

This report is for informational purposes only. Do not rely on this report to support real estate or investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was obtained.

By publishing this property, you represent and warrant that you have obtained the authorization from the property owner to market this property AND to take actions on behalf of the property owner.