Brick+Work

Studio City Hills Single Family Lot

Beverly Hills

Studio City Hills Single Family Lot

APN: 2382-020-019

$

RE40-1-H
Zone/District
1
Max Unit
13,418 sq. ft.
Lot Size
N/A
TOC
1
Lots
Existing Conditions
Floor Area 4,281 sq. ft.
Units 1
Year Constructed 1988
Assessed Improvement Value $573,943
Assessed Land Value $500,748
Development Potential (By-Right)
Maximum FAR .35:1*
Maximum Height
Feet

36 ft.

max height 30 ft. if roof is sloped less than 25%

Stories

None

Minimum Setbacks
Front

25 ft.

Side

10 ft.

add 1 foot of side setback for each story over 2

Back

25 ft.

Max Buildable Area, Footprint 4,696 sq. ft.*
Max Buildable Area, Envelope 4,696 sq. ft.*
Max Dwelling Units 1
Affordable Units Required None
Parking Required 2 covered spaces per unit
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 *Residential Floor Area could be further limited by provisions of Hillside Ordinance, slope band analysis required to determine accurate floor area An additional 20% of Residential Floor Area will be granted to developments that meet one of the following minimum requirements (only one bonus allowed): ·       Proportional Stories Option- Area of each story other than Base Floor does not exceed 75% of the Base Floor area. ·       Front Façade Stepback Option- At least 25% of the front facade stepped-back at least 20% of the building depth. ·       Minimal Grading Option- Total grading on site, including exempted grading, does not exceed 10% of the total lot size in cubic yards or 1,000 cubic yards, whichever is less. ·       18 Foot Envelope Height Option - ·       Green Buildings Option- New single-family dwelling in substantial compliance with the requirements for the U.S. Green Building Council’s (USGBC) Leadership in Energy and Environmental Design (LEED®) for Homes program at “Certified” level or higher.
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 incenitves
Jurisdictional
Legal Description Lot 13, TR 29033
Land Use Minimum Residential
Area Planning Commission South Valley
Community Plan Area Sherman Oaks-Studio City-Toluca Lake-Cahuenga Pass
Neighborhood Council Studio City
Council District 2
Councilmember Paul Krekorian
Red Flags
Property is subject to the requirements of the Mulholland Scenic Parkway Specific Plan, which could limit the development potential of the site.
Property is subject to the City of Los Angeles Baseline Hillside Ordinance, 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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