Brick+Work

Santa Monica MUBL Corner Lot, 45k sq. ft. Potential Copy Copy

Santa Monica

Santa Monica MUBL Corner Lot, 45k sq. ft. Potential Copy Copy

APN: 4275-009-009/010

$

$
No Residential Density Limit
Max Unit
30,000 sq. ft.
Lot Size
No
TOC
1
Lots
Existing Conditions
Floor Area 7,324 sq. ft.
Units 0
Year Constructed Several
Assessed Improvement Value $235,782 (combined)
Assessed Land Value $462,619 (combined)
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.

Max Buildable Area, Footprint 25,000 sq. ft. (maximum building footprint)
Max Buildable Area, Envelope 37,500 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 5 ft. average minimum upper story setback required above maximum ground floor height on street-facing facades
Required Open Space 60 sq. ft. per unit private open space 100 sq. ft. per unit total open space
Other Development Notes
Development Potential (with TOC or DB)
Maximum FAR 1.5:1
Maximum Height
Feet

36 ft.

Stories

3

Minimum Setbacks
Front

0 ft.

Side

0 ft.

Back

0 ft.

Max Buildable Area, Footprint 25,000 sq. ft. (maximum building footprint)
Max Buildable Area, Envelope 45,000 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, minumum 2
Transitional Height Limitations 5 ft. average minimum upper story setback required above maximum ground floor height on street facing facades
Required Open Space 60 sq. ft. per unit private open space;100 sq. ft. per unit total open space
Other Development Notes
Jurisdictional
Legal Description Lots I, J, K, & L, Lot L, Santa Monica Tract
Land Use Mixed Use Boulevard Low
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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