Brick+Work

South LA R2 Single Lot

Los Angeles

South LA R2 Single Lot

APN: 5041-014-012

$ 1.5M

R2-1-O
Zone/District
1
Max Unit
4,171 sq. ft.
Lot Size
Tier 3
TOC
1
Lots
Existing Conditions
Floor Area 1,572 sq. ft.
Units 3
Year Constructed 1921
Assessed Improvement Value $202,980
Assessed Land Value $18,690
Development Potential (By-Right)
Maximum FAR 3:1
Maximum Height
Feet

33 ft.

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

20 ft.

front setbacks not less than prevailing

Side

3 ft.

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

Back

15 ft.

Max Buildable Area, Footprint 2,496 sq. ft.
Max Buildable Area, Envelope 7,488 sq. ft.
Max Dwelling Units 1
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 1
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 (5 or more by-right units required)
Jurisdictional
Legal Description PT Lot 10, TR 4014
Land Use Low Medium I Residential
Area Planning Commission South Los Angeles
Community Plan Area South Los Angeles
Neighborhood Council Empowerment Congress North
Council District 8
Councilmember Marqueece Harris-Dawson
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.
Property is subject to the requirements of the South LA Alcohol Specific Plan, 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

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