Brick+Work

South LA R4 Lot, 57 Unit Potential with Tier 3 TOC

South LA R4 Lot, 57 Unit Potential with Tier 3 TOC

APN: 5073007013

Print Friendly and PDF

Print Friendly, PDF & Email
[Q]R4-1-CPIO
Zone/District
57
Max Unit
13,161 sq. ft.
Lot Size
Tier 3
TOC
1
Lots
Existing Conditions
Floor Area 7,193 sq. ft.
Units 0
Year Constructed 1933
Assessed Improvement Value $59,192
Assessed Land Value $54,001
Development Potential (By-Right)
Maximum FAR 3:1
Maximum Height
Feet

None

Stories

None

Minimum Setbacks
Front

20 ft.

Per ORD-117113, there is a 20 ft. building line.

Side

5 ft.

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

Back

15 ft.

add 1 foot of back setback for each story over 3, not to exceed 20 ft.

Max Buildable Area, Footprint 9,009 sq. ft.
Max Buildable Area, Envelope 27,027 sq. ft.
Max Dwelling Units 16
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 Per CPIO, the portion of a building above thirty feet shall be stepped back a minimum of 10 feet from the Primary Frontage facade.
Required Open Space 100 sq ft per unit with less than 3 habitable rooms 125 sq ft per unit with 3 habitable rooms 175 sq ft per unit with more than 3 habitable rooms
Other Development Notes
Development Potential (with TOC or DB)
Maximum FAR 4.5:1
Maximum Height
Feet

None

Stories

None

Minimum Setbacks
Front

20 ft.

Per ORD-117113, there is a 20 ft. building line.

Side

3.5 ft.

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

Back

10.5 ft.

add 1 foot of back setback for each story over 3, not to exceed 20 ft.

Max Buildable Area, Footprint 8,260 sq. ft.
Max Buildable Area, Envelope 37,170 sq. ft.
Max Dwelling Units 57
Affordable Units Required at least 10% for Extremely Low Income, or 14% for Very Low Income, or 23% for Low Income
Parking Required Shall not exceed .5 space per unit
Required Bicycle Parking
Long Term 1 space per unit for units 0-25; 1 spaces per 1.5 units for units 26-100;
Short Term 1 space per 10 units for units 0-25; 1 spaces per 15 unit for units 26-100;
Transitional Height Limitations Per CPIO, the portion of a building above thirty feet shall be stepped back a minimum of 10 feet from the Primary Frontage facade.
Required Open Space Up to 25% decrease in required open space
Other Development Notes
Jurisdictional
Legal Description Lot 14, Block 6, The W G Nevin Tract
Land Use Medium Residential
Area Planning Commission South Los Angeles
Community Plan Area South Los Angeles
Neighborhood Council United Neighborhoods
Council District 10
Councilmember Herb J. Wesson, Jr.
Red Flags
Per ORD-185926-SA282: Maintain existing [Q] as imposed by Ordinance 167121 subarea 190. Limits expansion of church by 20% and limits density to R3-1.
Property is subject to the requirements of the South Los Angeles CPIO, subarea Character Residential, which could limit the development potential of the site.
BRICK+WORK Analyzer
Calculator
Please Enter Land Cost.
Please Enter Average Rents in Area.
Ask Administrator to enter the required values for the calculation of Financial Analyser.
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.

By publishing this property, you represent and warrant that you have obtained the authorization from the property owner to market this property AND to take actions on behalf of the property owner.