Brick+Work

Van Nuys R3 Through Lot; 75 Unit Potential with Tier 1 TOC

Van Nuys

Van Nuys R3 Through Lot; 75 Unit Potential with Tier 1 TOC

APN: 2241-002-025, 2241-002-001

$ 11M

[Q]R3-1
Zone/District
75
Max Unit
49,466 sq. ft.
Lot Size
Tier 1
TOC
2
Lots
Existing Conditions
Floor Area 25,987 sq. ft. (combined)
Units 0
Year Constructed 1954/1959
Assessed Improvement Value $1,626,447 (combined)
Assessed Land Value $3,631,990 (combined)
Development Potential (By-Right)
Maximum FAR 3:1
Maximum Height
Feet

35 ft./30 ft.

Per Q Condition: 35 ft. for lots fronting on Victory Blvd.; 30 ft. for lots fronting on Friar Street

Stories

None

Minimum Setbacks
Front

15 ft.

Along Victory Blvd.

Side

5 ft.

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

Back

15 ft.

Along Friar Street

Max Buildable Area, Footprint 41,366 sq. ft.
Max Buildable Area, Envelope 124,098 sq. ft.
Max Dwelling Units 49*
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 Residential Density limited to 1 unit per 1,000 sq. ft. of lot area per Q Condition
Development Potential (with TOC or DB)
Maximum FAR 4.2:1
Maximum Height
Feet

46 ft./41 ft.

46. ft. for lots fronting on Victory Blvd.; 41. ft. for lots fronting on Friar Street

Stories

None

Minimum Setbacks
Front

15 ft.

Along Victory Blvd.

Side

3.75 ft.

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

Back

15 ft.

Along Friar Street

Max Buildable Area, Footprint 42,116 sq. ft.
Max Buildable Area, Envelope 176,887 sq. ft.
Max Dwelling Units 75
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 .5 space per bedroom
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
Jurisdictional
Legal Description Lot 1, PT 2, 23, & 24, Block 65, TR 1200
Land Use Medium Residential
Area Planning Commission South Valley
Community Plan Area Van Nuys-North Sherman Oaks
Neighborhood Council Van Nuys
Council District 6
Councilmember Nury Martinez
Red Flags
Per ORD-167939, the portion of the lot that is zoned [Q]R3-1 is restricted to a density of 1 unit per 1,000 sq. ft. of lot area. Lots fronting Victory Blvd. are limited to a height of 35 ft. and the lots fronting Friar Street are limited to 30 ft.
Project is within a State of California Opportunity Zone, which could allow for tax incentives for a redevelopment project on this site.
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Particulars By-Right TOC or DB
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