Brick+Work

Sherman Oaks R3 Lot, Quadplex

Sherman Oaks R3 Lot, Quadplex

APN: 2263016010

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[Q]R3-1-RIO
Zone/District
4
Max Unit
5,805 sq. ft.
Lot Size
No
TOC
1
Lots
Existing Conditions
Floor Area 2,440 sq. ft.
Units 2
Year Constructed 1953
Assessed Improvement Value $267,661
Assessed Land Value $112,450
Development Potential (By-Right)
Maximum FAR 3:1
Maximum Height
Feet

35 ft.

Per Q condition

Stories

None

Buildings used entirely for residential uses (and ground floor commercial in RAS zones) are only limited in height, not stories.

Minimum Setbacks
Front

15 ft.

10 ft front setback for key lots

Side

5 ft.

add 1 foot of side setback for each story over 2, not to exceed 16 ft.

Back

15 ft.

Max Buildable Area, Footprint 485 sq. ft.
Max Buildable Area, Envelope 1,455 sq. ft.
Max Dwelling Units 4
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)
Required Bicycle Parking
Long Term 1 space per unit for units 0-25;
Short Term 1 space per 10 units for units 0-25;
Transitional Height Limitations None Required
Required Open Space None Required
Other Development Notes
Development Potential (with TOC or DB)
Maximum FAR N/A
Maximum Height
Feet

N/A

Stories

N/A

Minimum Setbacks
Front

N/A

Side

N/A

Back

N/A

Max Buildable Area, Footprint N/A
Max Buildable Area, Envelope N/A
Max Dwelling Units 4
Affordable Units Required N/A
Parking Required N/A
Required Bicycle Parking
Long Term N/A
Short Term N/A
Transitional Height Limitations N/A
Required Open Space N/A
Other Development Notes Not eligible for bonus incentives
Jurisdictional
Legal Description Lot FR 11, Block 20, TR 7307
Land Use Medium Residential
Area Planning Commission South Valley
Community Plan Area Van Nuys-North Sherman Oaks
Neighborhood Council Sherman Oaks
Council District 4
Councilmember David Ryu
Red Flags
Properties subject to the Rent Stabilization Ordinance (RSO) must replace existing affordable units at a rate of 1 to 1 or 20% of new proposed units, whichever is greater.
Per ORD-167939-AREA8-SA1: Density shall be limited to one dwelling unit per 1,200 square feet of lot area. The height is limited to 35 ft. for residential structures.
Property is subject to the River Improvement Overlay zone, which could limit the design of a project on the site.
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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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