Brick+Work

Venice RD1.5 Lot, 2 Potential Units

Venice RD1.5 Lot, 2 Potential Units

APN: 4239-026-034

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RD1.5-1
Zone/District
2
Max Unit
5,211 sq. ft.
Lot Size
No
TOC
1
Lots
Existing Conditions
Floor Area 2,268 sq. ft.
Units 6
Year Constructed 1923
Assessed Improvement Value $300,923
Assessed Land Value $443,241
Development Potential (By-Right)
Maximum FAR 3:1
Maximum Height
Feet

25 ft.

Venice Coastal Development Projects with a Varied Roofline shall not exceed a maximum height of 30 feet, provided that any portion of the roof that exceeds 25 feet is set back from the required front yard at least one foot in depth for every foot in height above 25 feet.

Stories

None

Minimum Setbacks
Front

15 ft.

Side

4 ft.

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

Back

15 ft.

Max Buildable Area, Footprint 3,200 sq. ft.
Max Buildable Area, Envelope 9,600 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 per lot shall be permitted for all lots; provided, however, that where a lot has a lot area in excess of 4,000 square feet, one additional dwelling unit shall be permitted for each additional 1,500 square feet of lot area in the RD1.5 Zone, and one additional dwelling unit shall be permitted for each additional 2,000 square feet in the RD2 Zone, provided the additional dwelling unit is a Replacement Affordable Unit.
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 24, Block Q, Ocean Park Villa Tract No. 2
Land Use Low Medium II Residential
Area Planning Commission West Los Angeles
Community Plan Area Venice
Neighborhood Council Venice
Council District 11
Councilmember Mike Bonin
Red Flags
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

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