Brick+Work

Venice Coastal Zone R3 Duplex

Marina Del Rey

Venice Coastal Zone R3 Duplex

APN: 4225-007-016

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2
Max Unit
2,708 sq. ft.
Lot Size
N/A
TOC
1
Lots
Existing Conditions
Floor Area 2,160 sq. ft.
Units 4
Year Constructed 1965
Assessed Improvement Value $202,006
Assessed Land Value $236,697
Development Potential (By-Right)
Maximum FAR 3:1
Maximum Height
Feet

28 ft.

Structures fronting on Walk Streets are limited to a maximum height of 28 feet

Stories

None

Minimum Setbacks
Front

15 ft.

Side

5 ft.

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

Back

7.5 ft.

Max Buildable Area, Footprint 1,352 sq. ft.
Max Buildable Area, Envelope 2,705 sq. ft.
Max Dwelling Units 2*
Affordable Units Required None
Parking Required 2 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 *Per Specific Plan, a maximum of two dwelling units permitted on R3-zoned lots
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 2
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 incentives
Jurisdictional
Legal Description Lot 8, Block 2, Silver Strand Tract
Land Use Medium Residential
Area Planning Commission West Los Angeles
Community Plan Area Venice
Neighborhood Council Venice
Council District 11
Councilmember Mike Bonin
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 requirements of the Los Angeles Coastal Transportation Corridor Specific Plan and the Venice Coastal Zone Specific Plan, which could limit the development potential of the site.
Development Plans on this property will be subject to review by the California Coastal Commission
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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

Property Report Disclaimer

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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.

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