Brick+Work

West Hollywood 10 Unit Potential

West Hollywood 10 Unit Potential

APN: 4340-014-003,-023

$

10
Max Unit
7,912 sq. ft.
Lot Size
No
TOC
2
Lots
Existing Conditions
Floor Area 2,174 sq. ft. (combined)
Units 2 (combined)
Year Constructed 1922/1939
Assessed Improvement Value $150,120 (combined)
Assessed Land Value $1,819,578 (combined)
Development Potential (By-Right)
Maximum FAR N/A
Maximum Height
Feet

35 ft.

Stories

3

Minimum Setbacks
Front

15 ft.

30 ft. max; additional 6 ft. setback for second story and above

Side

5 ft.

add 1 ft. side setback for each story over 2

Back

15 ft.

Max Buildable Area, Footprint 4,592 sq. ft.
Max Buildable Area, Envelope 13,776 sq. ft.
Max Dwelling Units 6
Affordable Units Required None
Parking Required 1 space per studio with less than 500 sq. ft. 1.5 spaces per 1 BR unit and studio larger than 500 sq. ft. 2 spaces per 2-3 BR unit; 3 spaces per 4 BR unit 1 guest space per 4 units (5 units or more only)
Required Bicycle Parking
Long Term 1 space per 4 units (5 units or more only)
Short Term N/A
Transitional Height Limitations None
Required Open Space 200 sq. ft. for 3-4 units 500 sq. ft. for 5 to 10 units 1,000 sq. ft. for 11 to 30 units 2,000 sq. ft. for 31+ units
Other Development Notes
Development Potential (with TOC or DB)
Maximum FAR N/A
Maximum Height
Feet

45 ft.

Projects located in a zone where the maximum height is 45 ft. or less, or located within a Specific Plan that limits height, height increases over 11 ft. must be stepped-back at least 15 ft. from the exterior face of the ground floor building located at any street frontage.

Stories

4

Minimum Setbacks
Front

13.5 ft.

30 ft. max; additional 6 ft. setback for second story and above

Side

4.5 ft.

add 1 ft. side setback for each story over 2

Back

13.5 ft.

Max Buildable Area, Footprint 4,897 sq. ft.
Max Buildable Area, Envelope 19,588 sq. ft.
Max Dwelling Units 10
Affordable Units Required at least 11% for Very Low Income residents, or 20% for Low Income residents, or 30% Moderate Income residents (for sale)
Parking Required 1 space per unit with 0-1 bedroom; 2 spaces per unit with 2-3 bedrooms; 2.5 per unit with 4 bedrooms or more
Required Bicycle Parking
Long Term 1 space per 4 units (5 units or more only)
Short Term N/A
Transitional Height Limitations None
Required Open Space 10% reduction in required common open space or 10% reduction in private open space for up to 50 % of units
Other Development Notes
Jurisdictional
Legal Description Lot 47, Tract 5150; Lot 124, Tract 6471
Land Use High Medium Residential
Area Planning Commission N/A
Community Plan Area N/A
Neighborhood Council N/A
Council District N/A
Councilmember N/A
Red Flags
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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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