Brick+Work

South Pasadena Combined RM Lots, 25 Potential Units with Density Bonus

Soth Pasadena

South Pasadena Combined RM Lots, 25 Potential Units with Density Bonus

APN: 5311-015-035, 5311-010-001, 5311-010-002

$ 0

$ 0
25
Max Unit
55,240 sq. ft.
Lot Size
No
TOC
3
Lots
Existing Conditions
Floor Area 3,283 sq. ft. (combined)
Units 3 (combined)
Year Constructed Several
Assessed Improvement Value $690,415 (combined)
Assessed Land Value $2,041,929 (combined)
Development Potential (By-Right)
Maximum FAR .5:1
Maximum Height
Feet

35 ft.

Stories

None

Minimum Setbacks
Front

20 ft.

If 60 percent or more of the lots on the same block face have structures with front setbacks different from the above, the required front setback shall be the average of the existing front setbacks, provided that no more than 45 feet shall be required in the RE district, and 35 ft shall be required elsewhere.

Side

12 ft.

10% lot width

Back

20 ft.

Max Buildable Area, Footprint 27,620 sq. ft. (50% max lot coverage)
Max Buildable Area, Envelope 27,620 sq. ft.
Max Dwelling Units 17
Affordable Units Required None
Parking Required 1 bedroom unit—1 space; 2 bedrooms and/or greater—2 spaces within a garage or carport for each unit plus 1 guest space per each 2 units.
Required Bicycle Parking
Long Term 10% of required vehicle parking
Short Term None required
Transitional Height Limitations No portion of a structure shall encroach through a 45-degree angle projected perpendicularly from the front property line toward the rear property line.
Required Open Space None required
Other Development Notes
Development Potential (with TOC or DB)
Maximum FAR .5:1 (Eligible for increase through bonus incentives)
Maximum Height
Feet

35 ft.

Eligible for increase through bonus incentives

Stories

None

Minimum Setbacks
Front

20 ft.

If 60 percent or more of the lots on the same block face have structures with front setbacks different from the above, the required front setback shall be the average of the existing front setbacks, provided that no more than 45 feet shall be required in the RE district, and 35 ft shall be required elsewhere.

Side

12 ft.

Eligible for decrease through bonus incentives

Back

20 ft.

Eligible for decrease through bonus incentives

Max Buildable Area, Footprint 27,620 sq. ft. (50% max lot coverage)
Max Buildable Area, Envelope 27,620 sq. ft. (Eligible for increase through bonus incentives)
Max Dwelling Units 25
Affordable Units Required at least 11% for Very Low Income, 20% for Low Income, or 40% for Moderate Income (for sale)
Parking Required 1 space per unit with 0-1 bedrooms; 2 spaces per units with 2-3 bedrooms; 2.5 spaces per units with 4 or more bedrooms
Required Bicycle Parking
Long Term 10% of required vehicle parking
Short Term None required
Transitional Height Limitations No portion of a structure shall encroach through a 45-degree angle projected perpendicularly from the front property line toward the rear property line.
Required Open Space None required
Other Development Notes
Jurisdictional
Legal Description PT Lots 75 & 76, Lincoln Park Tract
Land Use Medium Density Residential
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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