Brick+Work

United Neighborhoods C1 Corner Lots, 60 Potential Units with TOC Tier 3

Los Angeles

United Neighborhoods C1 Corner Lots, 60 Potential Units with TOC Tier 3

APN: 5074-021-002; 5074-021-024; 5074-021-023

$ 0$4,000,000

Print Friendly and PDF
$ 4,000,000
Print Friendly, PDF & Email
C1-1VL-HPOZ-CPIO
Zone/District
60
Max Unit
13,680 sq. ft.
Lot Size
Tier 3
TOC
3
Lots
Existing Conditions
Floor Area 2,145 sq. ft. (combined)
Units 0
Year Constructed 1927-1954
Assessed Improvement Value $176,911 (combined)
Assessed Land Value $1,655,482 (combinded)
Development Potential (By-Right)
Maximum FAR 1.5:1
Maximum Height
Feet

45 ft.

The Ground Floor shall have a minimum height of 14 feet.

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

6 ft.

For Mixed-Use Projects, no setback requirements shall apply to any portion of a street facing building frontage used for residential uses.

Side

3 ft.

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

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

Max Buildable Area, Footprint 13,176 sq. ft
Max Buildable Area, Envelope 19,764 sq. ft.
Max Dwelling Units 34
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 a parcel is either abutting or across an alley from a property in the RD 1.5 or more restrictive zone, the building height shall be stepped-back within a 45 degree angle as measured 15 feet above grade at the property line of the lot in the more restrictive zone.
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 South Los Angeles Community Plan Implementation Overlay, projects In Subareas A, C and D, Density Bonus Projects or TOC Projects may utilize a Base density of 1 unit per 400 square feet of lot area
Development Potential (with TOC or DB)
Maximum FAR 3.75:1
Maximum Height
Feet

67 ft.

The Ground Floor shall have a minimum height of 14 feet; 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

5

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

Minimum Setbacks
Front

6 ft.

For Mixed-Use Projects, no setback requirements shall apply to any portion of a street facing building frontage used for residential uses.

Side

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

Back

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

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

Max Buildable Area, Footprint 13,680 sq. ft.
Max Buildable Area, Envelope 51,300 sq. ft.
Max Dwelling Units 60
Affordable Units Required at least 10% for Extremely Low Income, or 14% for Very Low Income, or 23% for Low Income
Parking Required Shall not exceed .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 Where a parcel is either abutting or across an alley from a property in the RD 1.5 or more restrictive zone, the building height shall be stepped-back within a 45 degree angle as measured 15 feet above grade at the property line of the lot in the more restrictive zone. For all CPIO Affordable Housing Projects, Density Bonus Projects and TOC Projects, that are either abutting or across an alley from a property in the RD 1.5 or more restrictive zone, the required height transition applies only to the first 25 feet of depth as measured from the property line of the lot in the more restrictive zone.
Required Open Space Up to 25% decrease in required open space
Other Development Notes Per the South Los Angeles Community Plan Implementation Overlay, projects In Subareas A, C and D, Density Bonus Projects or TOC Projects may utilize a Base density of 1 unit per 400 square feet of lot area
Jurisdictional
Legal Description Lot FR 6 (Arb 2), 54, FR 55, Mattison's High Level Tableland Tract
Land Use Neighborhood Commercial
Area Planning Commission South Los Angeles
Community Plan Area South Los Angeles
Neighborhood Council United Neighborhoods
Council District 10
Councilmember Mark Ridley-Thomas
Red Flags
Property is subject to the guidelines of the Harvard Heights Historic Preservation Overlay Zone, which could limit the development potential of the site.
Per Ord No. 180103 (Interim regulations), interim regulations have been placed on the issuance of all permits related to the establishment of new fast food restaurants on commercial or industrial zoned properties located on streets designated as Major Highway Class I, Major Highway Class II and Secondary Highway in the West Adams-Baldwin Hills-Leimert Community Plan area and portions of the South Los Angeles and Southeast Los Angeles Community Plan areas.
Property is subject to the South Los Angeles Community Plan Implementation Overlay, which could limit the development potential of the site.
Building on site has been identified as having "historical significance" by SurveyLA. This 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.