Brick+Work

Westside, 24 Unit Potential, 4.5 Max FAR

Los Angeles

Westside, 24 Unit Potential, 4.5 Max FAR

APN:

$

$
24
Max Unit
10,810 sq. ft.
Lot Size
Tier 3
TOC
1
Lots
Existing Conditions
Floor Area 8,830 sq. ft.
Units 10
Year Constructed 1955
Assessed Improvement Value $213,267
Assessed Land Value $715,703
Development Potential (By-Right)
Maximum FAR 3:1
Maximum Height
Feet

45 ft.

Stories

None

Minimum Setbacks
Front

15 ft.

Side

5 ft.

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

Back

15 ft.

Max Buildable Area, Footprint 4,370 sq. ft.
Max Buildable Area, Envelope 32,429 sq. ft.
Max Dwelling Units 13
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 per dwelling unit or guest room
Short Term 1 per 10 dwelling unit or guest room
Transitional Height Limitations None
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

67 ft.

Stories

None

Minimum Setbacks
Front

15 ft.

Side

3.5 ft.

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

Back

10.5 ft.

Max Buildable Area, Footprint 4,876 sq. ft.
Max Buildable Area, Envelope 48,644 sq. ft.
Max Dwelling Units 24
Affordable Units Required at least 10% Extremely Low Income, or 14% Very Low Income, or 23% Low Income
Parking Required Less than .5 space per unit
Required Bicycle Parking
Long Term 1 per dwelling unit or guest room
Short Term 1 per 10 dwelling units or guest rooms
Transitional Height Limitations None
Required Open Space Up to 25% decrease in required open space
Other Development Notes
Jurisdictional
Legal Description Lot FR 1, TR 3494
Land Use Medium Residential
Area Planning Commission West Los Angeles
Community Plan Area West Los Angeles
Neighborhood Council Westside
Council District 5
Councilmember Paul Koretz
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.
Property is subject to the requirements of the West Los Angeles Transportation Improvement and Mitigation 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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