Brick+Work

Westchester/Playa del Rey C2 Lots, 162 Potential Units with Density Bonus

Westchester/Playa del Rey C2 Lots, 162 Potential Units with Density Bonus

APN: 4103002030

$

$
C2-1VL
Zone/District
162
Max Unit
44,203 sq. ft.
Lot Size
No
TOC
5
Lots
Existing Conditions
Floor Area 25,850 sq. ft. (combined)
Units 0
Year Constructed 1950
Assessed Improvement Value $1,374,029
Assessed Land Value $11,926,688
Development Potential (By-Right)
Maximum FAR 1.5:1
Maximum Height
Feet

45 ft.

Stories

3

Buildings used entirely for residential uses (and ground floor commercial in RAS zones) are only limited in height, not stories.

Minimum Setbacks
Front

0 ft.

Side

5 ft.

add 1 foot of side setback for each story over 2, not to exceed 16 ft.; 0 ft. for commercial uses

Back

15 ft.

add 1 foot of back setback for each story over 3, not to exceed 20 ft.; 0 ft. for commercial uses

Max Buildable Area, Footprint 47,893 sq. ft.
Max Buildable Area, Envelope 71,839 sq. ft.
Max Dwelling Units 119
Affordable Units Required None
Parking Required 1 space per unit with less than 3 habitable rooms 1.5 spaces per unit with 3 habitable rooms 2 spaces per unit with more than 3 habitable rooms 1 space per guest room (first 30)
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 100 sq ft per unit with less than 3 habitable rooms 125 sq ft per unit with 3 habitable rooms 175 sq ft per unit with more than 3 habitable rooms
Other Development Notes
Development Potential (with TOC or DB)
Maximum FAR 2.025:1
Maximum Height
Feet

56 ft

56 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

Buildings used entirely for residential uses (and ground floor commercial in RAS zones) are only limited in height, not stories

Minimum Setbacks
Front

0 ft.

Side

5 ft.

add 1 foot of side setback for each story over 2, not to exceed 16 ft.; 0 ft. for commercial uses

Back

12 ft.

add 1 foot of back setback for each story over 3, not to exceed 20 ft.; 0 ft. for commercial uses

Max Buildable Area, Footprint 47,893 sq. ft.
Max Buildable Area, Envelope 96,983 sq. ft.
Max Dwelling Units 162
Affordable Units Required at least 11% for Very Low Income, 20% for Low Income, or 40% 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 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 12-15,16 (Arb 1), TR 14055
Land Use Community Commercial
Area Planning Commission West Los Angeles
Community Plan Area Westchester-Playa Del Rey
Neighborhood Council Westchester/Playa
Council District 11
Councilmember Mike Bonin
Red Flags
Property is subject to the requirements of the Coastal Transportation Corridor 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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