Brick+Work

Warner Center 300k sq. ft.+ Development

Woodland Hills

Warner Center 300k sq. ft.+ Development

APN: 2149-003-037

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(WC)COLLEGE-SN
Zone/District
No Residential Density Limit
Max Unit
49,585 sq. ft.
Lot Size
Tier 1
TOC
1
Lots
Existing Conditions
Floor Area 19,064 sq. ft.
Units 0
Year Constructed 1973
Assessed Improvement Value $560,453
Assessed Land Value $215,866
Development Potential (By-Right)
Maximum FAR 4.5:1
Maximum Height
Feet

None

Any Project over 75 feet in height shall be subject to additional submittal requirements as set forth in the Mitigation Monitoring Program

Stories

None

Minimum Setbacks
Front

12 ft.

Not to exceed 15 ft.

Side

0 ft.

Back

0 ft.

Max Buildable Area, Footprint 47,773 sq. ft.
Max Buildable Area, Envelope 214,979 sq. ft.
Max Dwelling Units No Residential Density Limit
Affordable Units Required None
Parking Required at least 1 space per unit; plus .25 spaces per unit for guest parking
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 Must provide publicly accessible open space equal to at least 15% of lot area
Other Development Notes
Development Potential (with TOC or DB)
Maximum FAR 6.3:1
Maximum Height
Feet

None

Any Project over 75 feet in height shall be subject to additional submittal requirements as set forth in the Mitigation Monitoring Program

Stories

None

Minimum Setbacks
Front

12 ft.

Not to exceed 15 ft.

Side

0 ft.

Back

0 ft.

Max Buildable Area, Footprint 47,773 sq. ft.
Max Buildable Area, Envelope 300,970 sq. ft.
Max Dwelling Units No Residential Density Limit
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 PT 11 & 12, TR 27192
Land Use Regional Center Commercial
Area Planning Commission South Valley
Community Plan Area Canoga Park-Winnetka-Woodland Hills-West Hills
Neighborhood Council Woodland Hills-Warner Center
Council District 3
Councilmember Bob Blumenfield
Red Flags
Property is subject to the requirements of the Warner Center 2035 Specific Plan, which could limit the development potential of the site.
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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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