Brick+Work

Santa Monica MUB Corner Property

Santa Monica

Santa Monica MUB Corner Property

APN: 4276-008-010

$

$
No Residential Density Limit
Max Unit
10,500 sq. ft.
Lot Size
N/A
TOC
1
Lots
Existing Conditions
Floor Area 6,052 sq. ft.
Units 0
Year Constructed 1945
Assessed Improvement Value $473,610
Assessed Land Value $1,420,882
Development Potential (By-Right)
Maximum FAR 1.25:1
Maximum Height
Feet

32 ft.

Stories

2

Minimum Setbacks
Front

0 ft.

Side

0 ft.

Back

0 ft.

10 ft. from alley midpoint

Max Buildable Area, Footprint 10,500 sq. ft.
Max Buildable Area, Envelope 13,125 sq. ft.
Max Dwelling Units No Residential Density Limit
Affordable Units Required None
Parking Required 1 space per studio; 1.5 spaces per 1 BR; 2 spaces per unit with 2 BR or more; 1 space per 5 guest rooms
Required Bicycle Parking
Long Term 1 space/bedroom, including studios
Short Term 10% of Long Term spaces, minimum 2
Transitional Height Limitations Buildings shall not extend above a plane starting at 25 feet in height directly above the parcel line abutting any residentially-zoned parcel, or where there is an alley, the centerline of the alley, and from that point, extending in at a 45-degree angle from vertical toward the interior of the site.
Required Open Space 60 sq. ft. private open space per unit 150 sq. ft. total open space (common + private) per unit
Other Development Notes
Development Potential (with TOC or DB)
Maximum FAR 2.25:1
Maximum Height
Feet

50 ft.

Stories

None

Minimum Setbacks
Front

0 ft.

Side

0 ft.

Back

0 ft.

10 ft. from midpoint of rear alley

Max Buildable Area, Footprint 10,500 sq. ft.
Max Buildable Area, Envelope 23,625 sq. ft.
Max Dwelling Units No Residential Density Limit
Affordable Units Required 4-15 units: at least 5% at Extremeley Low Income (30% AMI), 10% at Very Low Income (50% AMI), 20% at Low Income (80% AMI), or 20% for sale at Moderate Income (120% AMI); 16+ units: at least 10% at Extremeley Low Income (30% AMI), 15% at Very Low Income (50% AMI), 25% at Low Income (80% AMI), or 25% for sale at Moderate Income (120% AMI)
Parking Required Market Rate Units: 1 space per studio; 1.5 spaces per 1 BR; 2 spaces per unit with 2 BR or more; 1 space per 5 guest rooms; Affordable Units: .5 space per studio; .75 spaces per 1 BR; 1 spaces per unit with 2 BR or more
Required Bicycle Parking
Long Term 1 space/bedroom, including studios
Short Term 10% of Long Term spaces, minimum 2
Transitional Height Limitations Buildings shall not extend above a plane starting at 25 feet in height directly above the parcel line abutting any residentially-zoned parcel, or where there is an alley, the centerline of the alley, and from that point, extending in at a 45-degree angle from vertical toward the interior of the site.
Required Open Space 60 sq. ft. private open space per unit; 150 total open space per unit (common & private)
Other Development Notes Tier 2 - Community Benefits Standards utilized
Jurisdictional
Legal Description Lot 5, Block 8, Green Acres Tract
Land Use Mixed Use Boulevard
Area Planning Commission N/A
Community Plan Area N/A
Neighborhood Council N/A
Council District N/A
Councilmember N/A
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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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