Brick+Work

South Robertson C2 Lots, 26 Potential Units with Tier 4 TOC

Los Angeles

South Robertson C2 Lots, 26 Potential Units with Tier 4 TOC

APN: 4312009018;4312009019;4312009020

$ 5M5000000

Print Friendly and PDF
C2-2D-CPIO
Zone/District
33
Max Unit
6,375 sq. ft.
Lot Size
Tier 4
TOC
3
Lots
Existing Conditions
Floor Area 3,004 sq. ft. (combined)
Units 1
Year Constructed 1947-1954
Assessed Improvement Value $364,531
Assessed Land Value $1,417,474
Development Potential (By-Right)
Maximum FAR 3:1
Maximum Height
Feet

55 ft.

architectural Features may exceed the maximum building height by up to 20 percent.

Stories

None

Minimum Setbacks
Front

0 ft.

Side

0 ft. for commercial uses; 5 ft. for residential uses

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

Back

0 ft. for commercial uses; 15 ft. for residential uses

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

Max Buildable Area, Footprint 6,375 sq. ft.
Max Buildable Area, Envelope 19,125 sq. ft.
Max Dwelling Units 17
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; 1 spaces per 1.5 units for units 26-100; 1 spaces per 2 units for units 101-200; 1 spaces per 4 units for units 201+
Short Term 1 space per 10 units for units 0-25; 1 spaces per 15 unit for units 26-100; 1 spaces per 20 units for units 101-200; 1 spaces per 40 unit for units 201+
Transitional Height Limitations Where the rear or side yard property line is contiguous with the residential lot, or separated by an alley, the entire building shall be set back, or individual floors "stepped back,” one foot for every one foot in building height as measured 15 feet above grade at the shared property line, or alley property line
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 Per the CPIO, 100% residential projects are prohibited and the residential component of Mixed-Use Projects shall not exceed 75 percent of the building’s total floor area
Development Potential (with TOC or DB)
Maximum FAR 4.65:1
Maximum Height
Feet

88 ft.

architectural Features may exceed the maximum building height by up to 20 percent.

Stories

None

Minimum Setbacks
Front

0 ft.

Side

0 ft. for commercial uses; 5 ft. for residential uses

Back

0 ft. for commercial uses; 15 ft. for residential uses

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

Max Buildable Area, Footprint 6,375 sq. ft.
Max Buildable Area, Envelope 29,643 sq. ft.
Max Dwelling Units 33
Affordable Units Required at least 11% for Extremely Low Income, or 15% for Very Low Income, or 25% for Low Income
Parking Required No required parking
Required Bicycle Parking
Long Term 1 space per unit for units 0-25; 1 spaces per 1.5 units for units 26-100; 1 spaces per 2 units for units 101-200; 1 spaces per 4 units for units 201+
Short Term 1 space per 10 units for units 0-25; 1 spaces per 15 unit for units 26-100; 1 spaces per 20 units for units 101-200; 1 spaces per 40 unit for units 201+
Transitional Height Limitations Within the first 25 feet of the property line abutting or across the street or alley from the RW1 or more restrictive zone the building height limit shall be stepped-back at a 45 degree angle as measured from a horizontal plane originating 25 feet above grade at the property line of the adjoining lot in the more restrictive zone or Specific Plan subarea
Required Open Space Up to 25% decrease in required open space
Other Development Notes Per the CPIO, 100% residential projects are prohibited and the residential component of Mixed-Use Projects shall not exceed 75 percent of the building’s total floor area
Jurisdictional
Legal Description Lot FR 238-240, TR 5500
Land Use Neighborhood Commercial
Area Planning Commission South Los Angeles
Community Plan Area West Adams-Baldwin Hills-Leimert
Neighborhood Council South Robertson
Council District 10
Councilmember Mark Ridley-Thomas
Red Flags
Property is subject to the requirements of the Exposition Corridor Transit Neighborhood Specific Plan, which could limit the development potential of the site
Per Ord No. 184796 (D-limitation), new uses and development projects shall comply with the West Adams CPIO District, including the Venice/National TOD Subarea regulations.
Property is subject to the requirements of the West Adams - Baldwin Hills - Leimert Community Plan Implementation Overlay, 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.