Brick+Work

South Pasadena 2 Lot

South Pasadena

South Pasadena 2 Lot

APN: 5318-015-036

$ 8M

60
Max Unit
67,797 sq. ft.
Lot Size
No
TOC
2
Lots
Existing Conditions
Floor Area 25,268 sq. ft.
Units 0
Year Constructed 1981
Assessed Improvement Value $4,164,119
Assessed Land Value $3,811,230
Development Potential (By-Right)
Maximum FAR No Maximum
Maximum Height
Feet

35 ft.

Stories

None

Minimum Setbacks
Front

0 ft.

Side

0 ft.

15 ft. if adjacent to RS zone

Back

0 ft.

5 ft. if adjacent to alley, 25 ft. if adjacent to RS district

Max Buildable Area, Footprint 67,797 sq. ft.
Max Buildable Area, Envelope 203,391 sq. ft. (assumes 3 stories)
Max Dwelling Units 43
Affordable Units Required None
Parking Required 1 space per unit with less than 2 habitable rooms 2 spaces per unit with more than 2 habitable rooms 1 guest space per 2 units plus commercial parking
Required Bicycle Parking
Long Term 10% of required vehicle parking
Short Term
Transitional Height Limitations N/A
Required Open Space N/A
Other Development Notes
Development Potential (with TOC or DB)
Maximum FAR No Maximum
Maximum Height
Feet

45 ft.

Projects located in a zone where the maximum height is 45 ft. or less, or located within a Specific Plan that limits height, height increases over 11 ft. must be stepped-back at least 15 ft. from the exterior face of the ground floor building located at any street frontage.

Stories

None

Minimum Setbacks
Front

0 ft.

Side

0 ft.

15 ft. if adjacent to RS zone

Back

0 ft.

5 ft. if adjacent to alley, 25 ft. if adjacent to RS district

Max Buildable Area, Footprint 67,797 sq. ft.
Max Buildable Area, Envelope 271,188 sq. ft. (assumes 4 stories)
Max Dwelling Units 60
Affordable Units Required at least 11% for Very Low Income residents, or 20% for Low Income residents, or 30% Moderate Income residents (for sale)
Parking Required 1 space per units with 0-1 bedrooms; 2 spaces per unit with 2-3 bedrooms; 2.5 spaces unit with 4 or more bedrooms
Required Bicycle Parking
Long Term 10% of required vehicle parking
Short Term
Transitional Height Limitations None
Required Open Space None
Other Development Notes
Jurisdictional
Legal Description Lots 1-5, Block F, Raymond Villa Tract
Land Use General Commercial
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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