Brick+Work

Virgil/Smilax

Virgil/Smilax

APN:

$

$
[Q]C2-1
Zone/District
N/A
Max Unit
18,651 sq. ft.
Lot Size
Tier 3
TOC
3
Lots
Existing Conditions
Floor Area 12,370 sq. ft. (combined)
Units 0
Year Constructed Several
Assessed Improvement Value $805,062 (combined)
Assessed Land Value $840,232 (combined)
Development Potential (By-Right)
Maximum FAR 1.5:1
Maximum Height
Feet

None

Stories

None

Minimum Setbacks
Front

0 ft.

Side

0 ft.

Back

0 ft.

Max Buildable Area, Footprint 18,651 sq. ft.
Max Buildable Area, Envelope 27,977 sq. ft.
Max Dwelling Units Residential Uses Prohibited
Affordable Units Required None
Parking Required See Commercial Standards
Required Bicycle Parking
Long Term See Commercial Standards
Short Term See Commercial Standards
Transitional Height Limitations Portions of Buildings in Subarea D of the Specific Plan with certain distances of Subarea A of the Specific Plan shall not exceed the following limits: Distance (ft.) Height (ft.) 0-49 25 50-99 33 100-199 61
Required Open Space None required
Other Development Notes
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 N/A
Affordable Units Required None
Parking Required N/A
Required Bicycle Parking
Long Term N/A
Short Term N/A
Transitional Height Limitations None
Required Open Space N/A
Other Development Notes Not eligible for bonus incentives
Jurisdictional
Legal Description Lots 3,4 & 7, TR 8598
Land Use Light Manufacturing
Area Planning Commission Central
Community Plan Area Wilshire
Neighborhood Council Rampart Village
Council District 13
Councilmember Mitch O'Farrell
Red Flags
Property is subject to the requirements of the Vermont/Western TOD Specific Plan, which could limit the development potential of the site.
No residential uses per Q Condition
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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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