Brick+Work

North Hollywood 6,000 sq. ft. Lot

North Hollywood

North Hollywood 6,000 sq. ft. Lot

APN: 2415-022-013

$

$
RD1.5-1VL
Zone/District
6
Max Unit
5,910 sq. ft.
Lot Size
No
TOC
1
Lots
Existing Conditions
Floor Area 2,451 sq. ft..
Units 1
Year Constructed 1942
Assessed Improvement Value $175,488
Assessed Land Value $101,899
Development Potential (By-Right)
Maximum FAR 3:1
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

15 ft.

Side

4.5 ft.

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

Back

15 ft.

Max Buildable Area, Footprint 3,636 sq. ft.
Max Buildable Area, Envelope 10,908 sq. ft.
Max Dwelling Units 3
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 Portions of Buildings in C or M zones with certain distances of RW1 or more restrictive zones shall not exceed the following limits: Distance (ft.) Height (ft.) 0-49 25 50-99 33 100-199 61
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 4.05:1
Maximum Height
Feet

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

3

Minimum Setbacks
Front

15 ft.

Side

4.5 ft.

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

Back

12 ft.

Max Buildable Area, Footprint 3,744 sq. ft.
Max Buildable Area, Envelope 15,163 sq. ft.
Max Dwelling Units 6
Affordable Units Required at least 11% for Very Low Income residents, or 20% for Low Income residents, or 30% Moderate Income residents (for sale)
Parking Required 1 space per units with 0-1 bedrooms; 2 spaces per unit with 2-3 bedrooms; 2.5 spaces unit with 4 or more bedrooms
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 No additional height shall be permitted for that portion of a building in a Housing Development Project that is located within 15 ft. feet of a lot classified in the R2 zone or within 50 ft. of a lot classified in an R1 or more restrictive or Project located on a lot sharing a common lot line with or across an alley from a lot classified in an R1 or more restrictive zone.
Required Open Space Up to 20% decrease in open space required by-right.
Other Development Notes
Jurisdictional
Legal Description Lot 12, TR 10182
Land Use Low Medium II Residential
Area Planning Commission South Valley
Community Plan Area North Hollywood-Valley Village
Neighborhood Council NoHo
Council District 2
Councilmember Paul Krekorian
Red Flags
Development Plans on this property will be subject to review by the North Hollywood Redevelopment Project. This could also limit the utilization of TOC incentives.
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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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