Brick+Work

Sun Valley R3 Lots, 32 Potential Units with TOC Tier 1

Sun Valley

Sun Valley R3 Lots, 32 Potential Units with TOC Tier 1

APN: 2409‐002‐027

Print Friendly and PDF
[Q]R3-1VL-CDO-CUGU
Zone/District
32
Max Unit
14,998 sq. ft.
Lot Size
Tier 1
TOC
2
Lots
Existing Conditions
Floor Area 14,998 sq. ft.
Units 0
Year Constructed 1941
Assessed Improvement Value $5,956
Assessed Land Value $429,621
Development Potential (By-Right)
Maximum FAR 3:1
Maximum Height
Feet

45 ft.

Stories

3

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

Minimum Setbacks
Front

10 ft.

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 12,498 sq. ft.
Max Buildable Area, Envelope 37,494 sq. ft.
Max Dwelling Units 20
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 None required
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 Lot calculations include 1/2 area of alley.
Development Potential (with TOC or DB)
Maximum FAR 4.2:1
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.

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

10 ft.

Side

5 ft.

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

Back

11.25 ft.

Max Buildable Area, Footprint 12,873 sq. ft.
Max Buildable Area, Envelope 54,066 sq. ft.
Max Dwelling Units 32
Affordable Units Required at least 8% for Extremely Low Income, or 11% for Very Low Income, or 20% for Low Income
Parking Required Shall not exceed 0.5 space per unit
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 None required
Required Open Space Up to 20% decrease in required open space
Other Development Notes Lot calculations include 1/2 area of alley.
Jurisdictional
Legal Description Lot 69-70, TR 5361
Land Use Community Commercial
Area Planning Commission North Valley
Community Plan Area Sun Valley-East La Tuna Canyon
Neighborhood Council Sun Valley Area
Council District 6
Councilmember Nury Martinez
Red Flags
Site is subject to the Sun Valley Community Design Overlay, which could limit the development potential of the site.
Per Ord No. 174399 ([Q] Condition), the site is subject to design requirements and is prohibited to provide auto related uses.
Project is within a State of California Opportunity Zone, which could allow for tax incentives for a redevelopment project on this site.
The site is subject to the Clean Up Green Up Supplemental Use District, 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.