Brick+Work

Westwood Single R4 Lot, 14 Potential Units with Density Bonus

Los Angeles

Westwood Single R4 Lot, 14 Potential Units with Density Bonus

APN: 4363-004-015

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[Q]R4-1VL
Zone/District
14
Max Unit
7,997 sq. ft.
Lot Size
No
TOC
1
Lots
Existing Conditions
Floor Area 5,698 sq. ft.
Units 6
Year Constructed 1947
Assessed Improvement Value $60,566
Assessed Land Value $177,757
Development Potential (By-Right)
Maximum FAR 3:1
Maximum Height
Feet

45 ft.

Stories

3

Minimum Setbacks
Front

15 ft.

Side

5 ft.

add 1 ft. 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 5,265 sq. ft.
Max Buildable Area, Envelope 15,795 sq. ft.
Max Dwelling Units 9
Affordable Units Required None
Parking Required At least 2 ½ parking spaces for each dwelling unit containing four habitable rooms or less 1 additional parking space shall be provided for dwelling units with more than four habitable rooms
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 Projects shall provide a minimum of 200 square feet of open space per dwelling unit. The required open space areas shall be on the ground level, except that one-fourth of the required space may be located above the ground level.
Other Development Notes
Development Potential (with TOC or DB)
Maximum FAR 4.05:1
Maximum Height
Feet

56 ft.

Stories

4

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

12 ft.

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

Max Buildable Area, Footprint 5,400 sq. ft.
Max Buildable Area, Envelope 21,323 sq. ft.
Max Dwelling Units 14
Affordable Units Required at least 11% for Very Low Income, 20% for Low Income, or 30% for Moderate Income (for sale)
Parking Required 1 space per unit with 0-1 bedrooms; 2 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 15 maximum units with 50% Density Bonus pursuant to AB2345
Jurisdictional
Legal Description Lot 15, Block 6, TR 9617
Land Use High Medium Residential
Area Planning Commission West Los Angeles
Community Plan Area Westwood
Neighborhood Council North Westwood
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, the Westwood Community Design Review Board Specific Plan, and the North Westwood Village Specific Plan, which could limit the development potential of the site.
Per ORD-163184, all projects with 2 or more units shall be subject to review by the Westwood Community Design Review Board and density shall be limited to 1 unit per 800 sq. ft. of lot area.
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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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