Brick+Work

Westlake R4 Corner Lots, 51 Unit Potential with Tier 3 TOC

Los Angeles

Westlake R4 Corner Lots, 51 Unit Potential with Tier 3 TOC

APN: 5154024001, 5154024002

$ 2.9M2900000

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$ 2900000
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51
Max Unit
12,000 sq. ft.
Lot Size
Tier 3
TOC
1
Lots
Existing Conditions
Floor Area 6,842 sq. ft. (combined)
Units 9 (combined)
Year Constructed 1900 & 1941
Assessed Improvement Value $408,251 (combined)
Assessed Land Value $376,036 (combined)
Development Potential (By-Right)
Maximum FAR 3:1
Maximum Height
Feet

None

Stories

None

Minimum Setbacks
Front

15 ft.

10 ft front setback for key lots

Side

5 ft.

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

Back

15 ft.

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

Max Buildable Area, Footprint 8,400 sq. ft.
Max Buildable Area, Envelope 25,200 sq. ft.
Max Dwelling Units 30
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;
Short Term 1 space per 10 units for units 0-25; 1 spaces per 15 unit for units 26-100;
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 4.5:1
Maximum Height
Feet

None

Stories

None

Minimum Setbacks
Front

15 ft.

10 ft front setback for key lots

Side

3.5 ft.

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

Back

10.5 ft.

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

Max Buildable Area, Footprint 9,089 sq. ft.
Max Buildable Area, Envelope 40,898 sq. ft.
Max Dwelling Units 51
Affordable Units Required at least 10% for Extremely Low Income, or 14% for Very Low Income, or 23% for Low Income
Parking Required Shall not exceed .5 space per unit
Required Bicycle Parking
Long Term 1 space per unit for units 0-25; 1 spaces per 1.5 units for units 26-100;
Short Term 1 space per 10 units for units 0-25; 1 spaces per 15 unit for units 26-100;
Transitional Height Limitations None Required
Required Open Space Up to 25% decrease in required open space
Other Development Notes
Jurisdictional
Legal Description Lots 1-2, Block C, Sun-set Tract
Land Use High Medium Residential
Area Planning Commission Central
Community Plan Area Westlake
Neighborhood Council Westlake South
Council District 1
Councilmember Gilbert Cedillo
Red Flags
Properties subject to the Rent Stabilization Ordinance (RSO) must replace existing affordable units at a rate of 1 to 1 or 20% of new proposed units, whichever is greater.
Development Plans on this property will be subject to review by the Westlake Recovery CRA/LA. This could also limit the utilization of TOC incentives
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Particulars By-Right TOC or DB
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Net Buildable
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Gross Annual Rents
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