Brick+Work

West Hollywood R4B Lot, 17 Potential Units with Density Bonus

West Hollywood

West Hollywood R4B Lot, 17 Potential Units with Density Bonus

APN: 5554-022-004

Print Friendly and PDF

Print Friendly, PDF & Email
17
Max Unit
9,214 sq. ft.
Lot Size
N/A
TOC
1
Lots
Existing Conditions
Floor Area 6,648 sq. ft.
Units 5
Year Constructed 1925
Assessed Improvement Value $61,356
Assessed Land Value $134,517
Development Potential (By-Right)
Maximum FAR None
Maximum Height
Feet

45 ft.

Stories

4

Minimum Setbacks
Front

7.5 ft.

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 6,364 sq. ft.
Max Buildable Area, Envelope 25,456 sq. ft.
Max Dwelling Units 10
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 2 units
Short Term 1 space per 4 units
Transitional Height Limitations None required
Required Open Space Common: 500 sq. ft. Private: 120 sq. ft. per DU
Other Development Notes Per the West Hollywood Zoning code, density is 1 unit for each 872 sq. ft. of site area
Development Potential (with TOC or DB)
Maximum FAR None
Maximum Height
Feet

55 ft.

Stories

5

Minimum Setbacks
Front

7.5 ft.

Eligible for decrease through incentives

Side

5 ft.

Eligible for decrease through incentives

Back

15 ft.

Eligible for decrease through bonus incentives

Max Buildable Area, Footprint 6,364 sq. ft.
Max Buildable Area, Envelope 31,820 sq. ft.
Max Dwelling Units 17
Affordable Units Required at least 15% for Very Low Income, 24% for Low Income, or 44% for Moderate Income (for sale)
Parking Required 1 space per unit with 0-1 bedrooms; 1.5 spaces per units with 2-3 bedrooms; 2.5 spaces per units with 4 or more bedrooms
Required Bicycle Parking
Long Term 1 space per 2 units
Short Term 1 space per 4 units
Transitional Height Limitations None required
Required Open Space Common: 10% reduction in total common open space required, Private: 10% reduction in private open space for up to 50% of the units
Other Development Notes Per the West Hollywood Zoning code, density is 1 unit for each 872 sq. ft. of site area
Jurisdictional
Legal Description Lot 58, Tract Number 1444
Land Use Residential, Multi-Family High Density
Area Planning Commission N/A
Community Plan Area N/A
Neighborhood Council N/A
Council District N/A
Councilmember N/A
Red Flags
BRICK+WORK Analyzer
Calculator
Please Enter Land Cost.
Please Enter Average Rents in Area.
Ask Administrator to enter the required values for the calculation of Financial Analyser.
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

All data are obtained from government sources. No attempt has been made to verify the data’s accuracy.

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.

By publishing this property, you represent and warrant that you have obtained the authorization from the property owner to market this property AND to take actions on behalf of the property owner.