±1.07 ac echo park development site for sale · 2018. 8. 29. · demographics at the intersection...
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FOR SALE
±1.07 AC ECHO PARK DEVELOPMENT SITEFOR SALE
1535 SUNSET BOULEVARD // LOS ANGELES, CA 90026
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SETBACKSSETBACK
FRONT (SOUTH) NoneSIDE (EAST & WEST) None for commercial uses; 5' + 1' for each story over 2nd at 1st residential levelREAR (NORTH) 15' (R2 Zone)
HEIGHTBASE BONUS NOTES
C2 HEIGHT 45' 22' Height District 1VL, TOC Tier 3, 15' stepback from street-facing facades above 56'C2 STORIES 3 stories 2 stories Height District 1VL, TOC Tier 3, No stories limit for residential onlyR2 HEIGHT 33' 22' Height District 1VL, TOC Tier 3, 15' stepback from street-facing facades above 56'R2 STORIES N/A N/A No stories limit for residential only
DENSITYAREA UNITS NOTES
BASE 45,767 SF 48 (C2: 400 SF / DU; R2: 1,500 SF / DU; rounded down)BASE (for TOC) 45,767 SF 49 (rounded up)DENSITY BONUS 26 C2: 70% increase TOC Tier 3; R2: 40% increase TOC Tier 3TOTAL 75 (rounded up)
FARFAR AREA NOTES
C2 BASE 1.50:1 14,407 SFC2 FAR BONUS 2.250:1 21,610 SF 50% increase or 3.75:1, whichever is greater - TOC Tier 3C2 TOTAL 3.750:1 36,017 SFR2-LOT 1 BASE 3.0:1 66,996 SFR2-LOT 1 FAR BONUS 1.350:1 30,148 SF 45% increase - TOC Tier 3R2-LOT 1 TOTAL 4.350:1 97,145 SFR2-LOT 2 BASE 3.0:1 24,611 SFR2-LOT 2 FAR BONUS 1.350:1 11,075 SF 45% increase - TOC Tier 3R2-LOT 2 TOTAL 4.350:1 35,686 SFFAR TOTAL 168,847 SF
LOT AREAAREA NOTES
C2 LOT AREA (GROSS) 9,604 SF Per ZIMAS Arb 3R2 LOT 1 AREA (GROSS) 25,341 SF Per ZIMAS Arb 1R2 LOT 2 AREA (GROSS) 10,822 SF Per ZIMAS Arb 1TOTAL LOT AREA (GROSS) 45,767 SFC2 BUILDABLE AREA (NET) 9,604 SF Buildable Area = Lot Area in C2 ZoneR2 BUILDABLE AREA 1 (NET) 22,332 SF Buildable Area = Lot Area - Yards & Dedication AreasR2 BUILDABLE AREA 2 (NET) 8,204 SF Buildable Area = Lot Area - Yards & Dedication AreasTOTAL BUILDABLE AREA (NET) 40,140 SF
SITE INFONOTES
ADDRESS 1535-1543 W SUNSET BLVD, 1305-1315 LAVETA TERAPN 5419-028-029, -030CURRENT ZONING [Q]C2-1VL, R2-1VLPROPOSED ZONING [Q]C2-1VL, R2-1VLGP LAND USE Community Commercial, Low Medium I ResidentialGP FOOTNOTES YesHILLSIDE AREA YesSPECIFIC PLAN AREA NoneCDO NonePIN 139-5A209-141, -186, -613TRACT Montana TractMAP REFERENCE M R 17-99/100BLOCK NoneLOT FR 8.18 AC, Arb 1, 3MAP SHEET 139-5A209COMM. PLAN AREA Silver Lake - Echo Park - Elysian
ValleyAREA PLANNING COMMISSION East Los AngelesNEIGHBORHOOD COUNCIL Echo ParkCOUNCIL DISTRICT CD 13 - Mitch O'FarrellLADBS DISTRICT OFFICE Los Angeles Metro
ZONING STUDY – TOD T IER 3
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Bui ld ing Sect ion 01
1543 SUNSET BLVD
LEVEL 10"
LEVEL 216' - 0"
LEVEL 326' - 0"
LEVEL 436' - 0"
LEVEL 546' - 0"
LEVEL 656' - 0"
ROOF66' - 0"
LEVEL P1-10' - 0"
10' -
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10' -
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10' -
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10' -
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16' -
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1,263 SF2 BR
1,263 SF2 BR
1,263 SF2BR
1,263 SF2 BR
533 SFSTUDIO
533 SFSTUDIO
533 SFSTUDIO
533 SFSTUDIO
533 SFSTUDIO
533 SFSTUDIO
533 SFSTUDIO
533 SFSTUDIO
709 SF1BR
709 SF1BR
709 SF1BR
709 SF1BR
7,308 SFCOMMERCIAL - RETAIL
23,298 SFPARKING
16,265 SFPARKING
1,319 SF2 BR
1,319 SF2 BR
1,319 SF2 BR
1,319 SF2BR
1,287 SF2 BR
BUILDING OUTLINE
BUILDING BEYOND
STEPPED HEIGHT: 55' ALLOWED W/ TOC TIER 03 + 12' ADDITIONAL NOT TO EXCEED 55' ALONG GRADE (PER LAMC)
0'
Copyright © 2017 R&A
8' 16' 32'
SCALE: 1/32" = 1'-0"
|Owner |PROJECT NAME BUILDING SECTIONS |10/10/16
SHEE
T:40
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1/32" = 1'-0"1 Section 3
1543 Sunse t B lvd .
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Bui ld ing V iew 01
1543 SUNSET BLVD
1543 Sunse t B lvd .
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Bui ld ing V iew 02
1543 SUNSET BLVD
1543 Sunse t B lvd .
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BLOCKING & STACKING PLANS
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Located on world-famous Sunset Boulevard in the heart of
Echo Park, 1535 Sunset Boulevard is the perfect location for
an opportunistic developer. Echo Park has rapidly established
itself as the new “It” neighborhood bolstered by a healthy mix
of unique restaurants, mom and pop coffee shops and storied
music venues. A lack of housing supply to keep up with this
increased demand has led to a 10.5% increase in home value
over the past twelve months. Located between Silver Lake
and Downtown Los Angeles, this 1.07-acre by-right Multi-Use
development site is just a couple minutes’ walk from Dodger
stadium. In a market prime for a development surge, 1535 Sunset
Boulevard is a perfect addition to any developer’s portfolio.
LIBATIONS AND NIGHTLIFEBar Bandini
Button Mash
El Prado
Gold Room
Little Joy
Sunset Beer
The Echo
The Holloway
The Lost Knight
The Short Stop
EATS / CAFFEINEBeaconBrite SpotClark Street BreadCoso BuonaDinetteEl CompadreGuisadosHoney HiMasa of Echo ParkMowhawk BendOstrich FarmSage BistroTAIX French RestaurantThe ParkTrencherTsubakiWinsomeXoia Vietnamese EatsAndante CoffeeBlue BottleEight Fold CoffeeTierra Mia CoffeeWoodcat Coffee Bar
RETAIL / CULTUREAli Golden
American Barber Shop
Banker Supply Co.
Bel Kazan
Bride Boutique
Cactus Store
Club Pilates
Esqueleto
Eva Franco
Gingerly Witty
Look Vintage
Myrtle
Nico & Bullitt
Permanent Records
Shout & About
Stories Books & Café
Sundays Best Thrift Shop
The Ampal Creative
The Social Type
Time Travel Mart
DAILY NEEDSBob’s Market
Citibank
Gelsons
Lassens
Trader Joes
Vons
Walgreens
Whole Foods 365
Yummy.com
THE NE IGHBORHOOD
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PLACE OF WORK2017 Employees 333,9862017 Population - Current Year Estimate 510,493
AGEAge 20-24 41,827 8.2%Age 25-29 50,845 10.0%Age 30-34 49,178 9.6%Age 35-39 43,913 8.6%Age 40-44 37,550 7.4%
RACE AND ETHNICITYWhite 188,989 37.0%Asian 117,160 23.0%Other Race 147,060 28.8%Hispanic 290,224 56.9%
HOUSEHOLDS2017 Households - Current Year Estimate 188,190
HOUSING VALUE$500,000-$749,999 8,540 31.5%$750,000-$999,999 4,508 16.6%$1,000,000 and Over 3,055 11.3%
3 MILE RADIUS
TRAFFIC COUNT±60,000 CARS PER DAY
At the intersection of Sunset Blvd & Echo Park AveDEMOGRAPHICS
HOUSEHOLD SIZE1 Person Household 60,270 34.1%2 Person Household 45,716 25.9%3 Person Household 25,145 14.2%
GENDERMales 268,652 52.6%Females 241,842 47.4%
MARITAL STATUSNever Married 226,860 53.0%
CLASS OF WORKERWhite Collar 131,306 51.6%
DAYTIME POPULATION2017 Daytime Population 634,923
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