Brick+Work

Silver Lake R2 Corner Property

Silver Lake R2 Corner Property

APN: 5426-014-037

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R2-1VL
Zone/District
2
Max Unit
14,162 sq. ft.
Lot Size
No
TOC
1
Lots
Existing Conditions
Floor Area 13,319 sq. ft.
Units 0
Year Constructed 1964
Assessed Improvement Value $275,365
Assessed Land Value $243,826
Development Potential (By-Right)
Maximum FAR 3:1
Maximum Height
Feet

33 ft.

Stories

3

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

Minimum Setbacks
Front

20 ft.

Side

5 ft.

add 1 foot of side setback for each story over 2

Back

15 ft.

Max Buildable Area, Footprint 8,803 sq. ft.
Max Buildable Area, Envelope 26,409 sq. ft.
Max Dwelling Units 2
Affordable Units Required None
Parking Required 2 spaces per unit (1 covered)
Required Bicycle Parking
Long Term None required (3 or more units only)
Short Term None required (3 or more units only)
Transitional Height Limitations None required
Required Open Space None required (6 or more units only)
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 2
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 18, TR 7301; Lot 43 & PT 44, Block 5, TR 5012
Land Use Low Medium I Residential
Area Planning Commission East Los Angeles
Community Plan Area Silver Lake-Echo Park-Elysian Valley
Neighborhood Council Silver Lake
Council District 13
Councilmember Mitch O'Farrell
Red Flags
Property is subject to the City of Los Angeles Baseline Hillside Ordinance, which could limit the development potential of 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

Property Report Disclaimer

All data are obtained from government sources. No attempt has been made to verify the data’s accuracy.

This report is for informational purposes only. Do not rely on this report to support real estate or investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was obtained.

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