Brick+Work

Studio City R3 Lots, 25 Unit Potential with Density Bonus

Studio City

Studio City R3 Lots, 25 Unit Potential with Density Bonus

APN: 2375-009-020 & 2375-009-021

$ 0

$ 0
R3-1-RIO
Zone/District
25
Max Unit
14,302 sq. ft.
Lot Size
No
TOC
2
Lots
Existing Conditions
Floor Area 7,747 sq. ft. (combined)
Units 10 (combined)
Year Constructed 1948 & 1958
Assessed Improvement Value $993,846 (combined)
Assessed Land Value $2,467,582 (combined)
Development Potential (By-Right)
Maximum FAR 3:1
Maximum Height
Feet

45 ft.

Stories

None

Buildings used entirely for residential uses (and ground floor commercial in RAS zones) are only limited in height, not stories.

Minimum Setbacks
Front

29 ft.

Per ORD-97921, there is a 29 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.

Max Buildable Area, Footprint 8,910 sq. ft.
Max Buildable Area, Envelope 26,730 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;
Short Term 1 space per 10 units for units 0-25;
Transitional Height Limitations None
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 4.05:1
Maximum Height
Feet

56 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. No additional height shall be permitted for portions of buildings that are within 15 ft. of a lot in the R2 zone, 50 ft. of a lot in the R1 or more restrictive zone, or abutting/across an alley from a lot in the R1 or more restrictive zone (exempt from last requirement if site is within 1,500 ft. of a Transit Stop; building shall be set back one horizontal foot for each additional foot of building height

Stories

None

Minimum Setbacks
Front

29 ft.

Per ORD-97921, there is a 29 ft. building line

Side

5 ft.

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

Back

12 ft.

Max Buildable Area, Footprint 9,180 sq. ft.
Max Buildable Area, Envelope 37,179 sq. ft.
Max Dwelling Units 25
Affordable Units Required at least 11% for Very Low Income, 20% for Low Income, or 30% 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 1 space per unit for units 0-25;
Short Term 1 space per 10 units for units 0-25;
Transitional Height Limitations No additional height shall be permitted for that portion of a building in a Housing Development Project that is located within 50 feet of a lot classified in an R1 or more restrictive or Project located on a lot sharing a common lot line with or across an alley from a lot classified in an R1 or more restrictive zone
Required Open Space Up to 20% decrease in required open space
Other Development Notes
Jurisdictional
Legal Description Lots FR 9-10, TR 6375
Land Use Medium 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
Properties subject to the Rent Stabilization Ordinance (RSO) must replace existing affordable units at a rate of 1 to 1 or 20% of new proposed units, whichever is greater.
Property is subject to the River Improvement Overlay zone, which could limit the design of a project on 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%)
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