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Woodland Hills – Warner Center C4/P Property, 341 Potential Units with Density Bonus

Woodland Hills – Warner Center C4/P Property, 341 Potential Units with Density Bonus

APN: 2168-027-031;029;028

$

$
C4-1LD/P-1LD
Zone/District
341
Max Unit
261,682 sq. ft.
Lot Size
No
TOC
3
Lots
Existing Conditions
Floor Area 153,664 sq. ft. (combined)
Units 0
Year Constructed 1970-1981
Assessed Improvement Value $2,304,902 (combined)
Assessed Land Value $4,754,876 (combined)
Development Potential (By-Right)
Maximum FAR 1.25:1
Maximum Height
Feet

45 ft.

buildings may only exceed 30 feet in height, if, for each 15 foot increment, or portion of that increment, above 25 feet, at least a ten foot setback from the roof perimeter is provided

Stories

None

Minimum Setbacks
Front

1.5 ft. for first 15 ft in height, then 0 ft. thereafter. Maximum setbacks apply

Each lot shall have a maximum Front Yard of 20 feet for a minimum of 50 percent of the length of the front lot line. The balance of the lot line may have a maximum Front Yard of 60 feet, or a Front Yard equal to the average of all existing structures on the block in which the lot is located, whichever is less.

Side

0 ft. for commercial uses; 5 ft. for residential uses

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

Back

0 ft. for commercial uses; 15 ft. for residential uses

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

Max Buildable Area, Footprint 100,561 sq. ft.
Max Buildable Area, Envelope 125,701 sq. ft.
Max Dwelling Units 251
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) SEE SPECIFIC PLAN FOR ADDITIONAL COMMERCIAL PARKING REQUIREMENTS
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 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 Density calculation based on C zoned lots only. P zone does not permit by-right residential uses. Residential units can be developed in the P zone through a small lot subdivision. The resulting zone would take on the adjacent C4 zone restrictions.
Development Potential (with TOC or DB)
Maximum FAR 1.68
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

None

Minimum Setbacks
Front

1.2 ft.

Side

0 ft. for commercial uses; 5 ft. for residential uses

Eligible for decrease through bonus incentives; add 1 foot of side setback for each story over 2, not to exceed 16 ft.

Back

5 ft.

Eligible for decrease through bonus incentives

Max Buildable Area, Footprint 100,561 sq. ft.
Max Buildable Area, Envelope 168,942 sq. ft.
Max Dwelling Units 341
Affordable Units Required at least 11% for Very Low Income, 20% for Low Income, or 40% for Moderate Income (for sale)
Parking Required 1 space per unit with 0-1 bedroom; 2 spaces per unit with 2-3 bedrooms; 2.5 per unit with 4 bedrooms or more
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 Density calculation based on C zoned lots only. P zone does not permit by-right residential uses. Residential units can be developed in the P zone through a small lot subdivision. The resulting zone would take on the adjacent C4 zone restrictions.
Jurisdictional
Legal Description Lot B, TR P M 2607 Lots C, D, TR P M 1524
Land Use Community Commercial
Area Planning Commission South Valley
Community Plan Area Canoga Park-Winnetka-Woodland Hills-West Hills
Neighborhood Council Woodland Hills-Warner Center
Council District 3
Councilmember Bob Blumenfield
Red Flags
Property is subject to the requirements of the Ventura/Cahuenga Boulevard Corridor Specific Plan, which could limit the development potential of the site.
Per Ord No. 159468, a lot shall have a floor area not to exceed 1.5 times the buildable area of said lot; except that the floor area may be increased to three time the buildable area, if the development provides off-street parking on the basis of one parking space for each 300 square feet of gross floor area
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Particulars By-Right TOC or DB
Total Buildable
Net Buildable
Average Construction Cost
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Total Soft Costs
Total Development Budget
Gross Annual Rents
Expenses (25%)
NOI
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