Brick+Work

Santa Monica R-2 Single Lot

santa monica

Santa Monica R-2 Single Lot

APN: 4292-006-002

$

$
5
Max Unit
7,500 sq. ft.
Lot Size
N/A
TOC
1
Lots
Existing Conditions
Floor Area 9,853 sq. ft.
Units 11
Year Constructed 1961
Assessed Improvement Value $1,249,564
Assessed Land Value $1,858,105
Development Potential (By-Right)
Maximum FAR None
Maximum Height
Feet

30 ft.

Stories

2

Minimum Setbacks
Front

20 ft.

Side

8 ft.

Back

15 ft.

Max Buildable Area, Footprint 3,375 sq. ft.
Max Buildable Area, Envelope 6,413 sq. ft.
Max Dwelling Units 3
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, minumum 2
Transitional Height Limitations None required
Required Open Space 60 sq. ft. private open space per unit 150 total open space per unit (common & private)
Other Development Notes
Development Potential (with TOC or DB)
Maximum FAR None
Maximum Height
Feet

30 ft.

Stories

None

No stories limit for 100% affordable development

Minimum Setbacks
Front

20 ft.

Side

8 ft.

Back

15 ft.

Max Buildable Area, Footprint 3,375 sq. ft.
Max Buildable Area, Envelope No FAR or stories limit
Max Dwelling Units 5
Affordable Units Required 100% affordable development
Parking Required .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 None required
Required Open Space 60 sq. ft. private open space per unit; 150 total open space per unit (common & private)
Other Development Notes Only bonuses for 100% affordable development in the R-2 zone.
Jurisdictional
Legal Description Lot B, Block 70, Santa Monica Tract
Land Use Low Density Residnential
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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