Brick+Work

Santa Monica R2 Single Lot; 4 Unit Potential By-Right

Santa Monica

Santa Monica R2 Single Lot; 4 Unit Potential By-Right

APN: 4274-017-011

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5
Max Unit
8,000 sq. ft.
Lot Size
No
TOC
1
Lots
Existing Conditions
Floor Area 1,086 sq. ft.
Units 1
Year Constructed 1939
Assessed Improvement Value $145,045
Assessed Land Value $1,223,148
Development Potential (By-Right)
Maximum FAR N/A
Maximum Height
Feet

30 ft.

Stories

2

Minimum Setbacks
Front

20 ft.

Side

8 ft.

The street side setback shall be at least 15 percent of the parcel width but no less than 6 feet and is not required to exceed 10 feet; Where a corner parcel in an R2, R3, or R4 District abuts a parcel in an R1 District, the street side setback shall be at least half of the required front setback in the adjacent R1 District.

Back

15 ft.

Max Buildable Area, Footprint 3,600 sq. ft.
Max Buildable Area, Envelope 6,840 sq. ft.
Max Dwelling Units 4
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 None required
Required Open Space 60 sq. ft. private (per unit) 150 sq. ft. common (per unit)
Other Development Notes
Development Potential (with TOC or DB)
Maximum FAR N/A
Maximum Height
Feet

30 ft.

Stories

No Stories Limit

Minimum Setbacks
Front

20 ft.

Side

8 ft.

Back

The street side setback shall be at least 15 percent of the parcel width but no less than 6 feet and is not required to exceed 10 feet; Where a corner parcel in an R2, R3, or R4 District abuts a parcel in an R1 District, the street side setback shall be at least half of the required front setback in the adjacent R1 District.

15 ft.

Max Buildable Area, Footprint 3,600 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, minimum 2
Transitional Height Limitations None required
Required Open Space 60 sq. ft. private (per unit) 150 sq. ft. common (per unit)
Other Development Notes *Only available incentives are for 100% affordable development
Jurisdictional
Legal Description Lot 31, Block 15, Erkenbrecher Syndicate 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
Red Flags
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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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