Brick+Work

Wilshire C2 & R5 Lots, 391 Unit Potential with Tier 3 TOC

Los Angeles

Wilshire C2 & R5 Lots, 391 Unit Potential with Tier 3 TOC

APN: 5503028007; 5503028008; 5503028009; 5503028010

$ 00

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45,813 sq. ft.
Zone/District
391
Max Unit
C2-2 & R5-2
Lot Size
Tier 3
TOC
4
Lots
Existing Conditions
Floor Area 27,780 sq. ft. (combined)
Units 1 (combined)
Year Constructed Several
Assessed Improvement Value $2,498,249 (combined)
Assessed Land Value $16,003,016 (combined)
Development Potential (By-Right)
Maximum FAR 6:1
Maximum Height
Feet

None

Stories

None

Minimum Setbacks
Front

0 ft.

Side

5 ft.

Per C2: setbacks required only for residential stories; add 1 foot of side setback for each story over 2, not to exceed 16 ft.; no side setback required for commercial only uses; no side setbacks required for mixed use project abutting street or alley. Per R5: add 1 foot of side setback for each story over 2, not to exceed 16 ft.; for a combination of commercial and residential uses in the Central City Community Plan Area, no yard requirements shall apply to the portions of such buildings which are used exclusively for residential uses and which abut a street, private street or alley, if the first floor of such buildings at ground level is used for commercial uses or access to residential

Back

0 ft. (C2) 15 ft. (R5)

C2: Through lot, no rear as both are considered fronts. R5: add 1 foot of back setback for each story over 3, not to exceed 20 ft.; for a combination of commercial and residential uses in the Central City Community Plan Area, no yard requirements shall apply to the portions of such buildings which are used exclusively for residential uses and which abut a street, private street or alley, if the first floor of such buildings at ground level is used for commercial uses or access to residential

Max Buildable Area, Footprint 41,613 sq. ft.
Max Buildable Area, Envelope 263,178 sq. ft.
Max Dwelling Units 229
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 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 9:1
Maximum Height
Feet

None

Stories

None

Minimum Setbacks
Front

0 ft.

Side

5 ft.

Per C2: setbacks required only for residential stories; add 1 foot of side setback for each story over 2, not to exceed 16 ft.; no side setback required for commercial only uses; no side setbacks required for mixed use project abutting street or alley. Per R5:add 1 foot of side setback for each story over 2, not to exceed 16 ft.; for a combination of commercial and residential uses in the Central City Community Plan Area, no yard requirements shall apply to the portions of such buildings which are used exclusively for residential uses and which abut a street, private street or alley, if the first floor of such buildings at ground level is used for commercial uses or access to residential

Back

0 ft. (C2) 10.5 ft. (R5)

C2: Through lot, no rear as both are considered fronts. R5: add 1 foot of back setback for each story over 3, not to exceed 20 ft.; for a combination of commercial and residential uses in the Central City Community Plan Area, no yard requirements shall apply to the portions of such buildings which are used exclusively for residential uses and which abut a street, private street or alley, if the first floor of such buildings at ground level is used for commercial uses or access to residential

Max Buildable Area, Footprint 41,883 sq. ft.
Max Buildable Area, Envelope 397,197 sq. ft.
Max Dwelling Units 391
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; 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 The building height limit shall be stepped-back at a 45 degree angle as measured from a horizontal plane originating 25 feet above grade at the property line of the adjoining lot
Required Open Space Up to 25% decrease in required open space
Other Development Notes
Jurisdictional
Legal Description Lots 64-65, 76-78, Kensington Place
Land Use Regional Center Commercial
Area Planning Commission Central
Community Plan Area Wilshire
Neighborhood Council Wilshire Center-Koreatown
Council District 10
Councilmember Herb J. Wesson, Jr.
Red Flags
Development Plans on this property will be subject to review by the Wilshire Center / Koreatown CRA/LA. This could also limit the utilization of TOC incentives
Project is within a State of California Opportunity Zone, which could allow for tax incentives for a redevelopment project on this site.
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Particulars By-Right TOC or DB
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