A FULLY ENTITLED 16 UNIT CONDO RTI DEVELOPMENT … · 2020. 8. 26. · Senior Managing Director of...

G R O U P

BRANDON MICHAELS

SOUTHERN CALIFORNIA'S PREMIER SALES TEAM

RTI DEVELOPMENT

Designed By: Award-winning Architect Firm

A FULLY ENTITLED 16 UNIT CONDO PROJECT SITUATED ON 28,951 SF OF

L AND IN SILVER L AKE , CA

INVESTMENT ADVISORS

Instagram@brandonmichaelsgroup

Websitewww.brandonmichaelsgroup.com

BRANDON MICHAELSSenior Managing Director of InvestmentsSenior Director, National Retail GroupTel: (818) 212-2794Fax: (818) [email protected]: CA #01434685www.BrandonMichaelsGroup.com


ANDREW LEFFFirst Vice President InvestmentsDirector, National Retail GroupTel: (818) 212-2815Fax: (818) [email protected]: CA #01865688

CONFIDENTIALITY AND DISCLAIMER

The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap and should not be made available to any other person or entity without the written consent of Marcus & Millichap. This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for aw thorough due diligence investigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improve-ments thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2018 Marcus & Millichap. All rights reserved.

NON-ENDORSEMENT NOTICE

Marcus & Millichap is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of Marcus & Millichap, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of Marcus & Millichap, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers.

ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY.PLEASE CONSULT YOUR MARCUS & MILLICHAP AGENT FOR MORE DETAILS.

SPECIAL COVID-19 NOTICE All potential buyers are strongly advised to take advantage of their opportunities and obligations to conduct thorough due diligence and seek expert opinions as they may deem necessary, especially given the unpredictable changes resulting from the continuing COVID-19 pandemic. Marcus & Millichap has not been retained to perform, and cannot conduct, due diligence on behalf of any prospective purchaser. Marcus & Millichap’s principal expertise is in marketing investment properties and acting as intermediaries between buyers and sellers. Marcus & Millichap and its investment professionals cannot and will not act as lawyers, accountants, contractors, or engineers. All potential buyers are admonished and advised to engage other professionals on legal issues, tax, regulatory, financial, and accounting matters, and for questions involving the property’s physical condition or financial outlook. Projections and pro forma financial statements are not guarantees and, given the potential volatility created by COVID-19, all potential buyers should be comfortable with and rely solely on their own projections, analyses, and decision-making.)

TABLE OF CONTENTS

1PROPERTY OVERVIEW

2AREA OVERVIEW

PROPERTY OVERVIEW

1

The Brandon Michaels Group of Marcus & Millichap has been selected to exclusively market for sale 2919-2923 Waverly Drive, an RTI condo development opportunity located in prime Silver Lake, one of Los Angeles’ most sought after neighborhoods. 2919-2923 Waverly Drive consists of two parcels totaling 28,952 square-feet of land zoned RD1.5-1XL-RIO, currently comprised of two vacated single family homes. The site is RTI to construct a three-story, 16 unit luxury condo project with an attractive mix of two-bedroom and three-bedroom units with ample parking and large private terraces. Units range from 1,468 to 2,021 square feet. Designed by award-winning firm RIOS, this project offers a developer the unique opportunity to set the bar for condo living in Silver Lake and ultimately achieve a premium upon exit. Ideally positioned along a quiet hilltop street in one of the best pockets of Silver Lake, the subject property is situated just north of the Silver Lake Reservoir and walking distance from Rowena Avenueand Hyperion Avenue, which are home to some of Silver Lake’s most popular shops, eateries, and nightlife. The property is also located 1-block away from the highly coveted Ivanhoe Elementary School, one of the top rated elementary schools throughout all of California. The area boasts impressive demographics, with an average household income of $124,460 within a 1 mile radius. Silver Lake is a trendy, creative and hip residential neighborhood located northeast of Downtown Los Angeles. The neighborhood has grown tremendously and is now lauded as Los Angeles’ hippest neighborhood. Forbes named Silver Lake “America’s Best Hipster Neighborhoods” for its food trucks and farmers markets, booming arts scene, and one of the largest creative class communities in the county. There are locally owned bars, night clubs, restaurants, and vintage shops that exemplify Silver Lake’s thriving creative community. Silver Lake is an immensely walkable neighborhood and Sunset Junction, the corridor of Sunset Boulevard that meets Santa Monica Boulevard, is considered the “Abbot Kinney” of the eastside.

EXECUTIVE SUMMARY

GLEN

DALE BLVD

GLEN

DALE BLVD

ROWENA AVEROWENA AVE

WAVERLY DRWAVERLY DR

RIVERDALE DRRIVERDALE DR

DOWNTOWN LADOWNTOWN LA

SILVER LAKESILVER LAKE

IVANHOE

ELEMENTARY

SCHOOL

SILVER LAKE RESERVOIR

76 | PROPERTY OVERVIEW • EXECUTIVE SUMMARY

• 16 Unit Condo Development Site – RTI

• Prime Silver Lake Location

• 28,952 SF Lot Comprised of 2 Vacant SFR’s

• Walking Distance to Rowena Ave & Hyperion Ave

• Ivanhoe School District: 3 Minute Walk to Ivanhoe Elementary

• $125k Average Household Income within 1-Mile

RTI DEVELOPMENT

Designed By: Award-winning Architect Firm

RTI DEVELOPMENT

PROPERTY OVERVIEW • PROPERTY HIGHLIGHTS | 9

PROPERTY HIGHLIGHTS

8

28,951 SFTOTAL LAND SF

16 UNIT CONDOAPPROVED PROJECT

RD1.5-1XL-RIOZONING

PRICE: Submit Best Offer

TOTAL LAND SF: 28,951 SF (0.66 Acres)

ZONING: RD1.5-1XL-RIO

APN NUMBERS: 5434-025-014, 5434-025-015

GENERAL PLAN DESIGNATION: Low Medium II Residential

APPROVED PROJECT: 16 Unit Condo Project

ARCHITECT: RIOS Studio

UNIT MIX: Unit Sizes Range From 1,468 SF To 2,021 With The Average Unit Being 1,733 SF

STORIES: 3 Stories Over Basement Parking

2919-2923 WAVERLY DRIVELOS ANGELES, CA 90039

AVENEL TERRACEAVENEL TERRACE

WAVERLY DR

WAVERLY DR

WAVERLY DRWAVERLY DR

AU

BURN

ST

AU

BURN

ST

HERKIM

ER ST

HERKIM

ER ST

HYPERION AVEHYPERION AVE

GLENDALE BLVD

GLENDALE BLVD

IVANHOE ELEMENTARY

SCHOOL

GRIFFITH PARK RECREATION

CENTER

FRIENDSHIPAUDITORIUM

GLENDALEGLENDALE

GLENDALE BLVD

GLENDALE BLVD

RTI DEVELOPMENT

SITE LOCATION SQUARE FOOTAGES

The subject property is located between Hyperion Avenue and Glendale Boulevard.

The total land square footage is 28,951 SF (0.66 acres).

ZONING/APN NUMBERS APPROVED PROJECT

The zoning is RD1.5-1XL-RIO. The APN numbers are 5434-025-014 and 5434-025-015.

The subject property is approved for a 16 unit condo development project.

2919-2923 WAVERLY DRIVE, LOS ANGELES, CA 90039

101'FRONTAGE ON

WAVERLY DRIVE

PROJECT DETAILS

UNITS AREA(SF) PRIVATE TERRACE (SF) TOTAL UNIT AREA (SF) UNIT TYPE

Unit 1 1,501 180 1,681 2+MEZ BEDUnit 2 1,664 246 1,910 2+MEZ BEDUnit 3 1,797 230 2,027 3+MEZ BEDUnit 4 1,659 260 1,919 2+MEZ BEDUnit 5 1,468 195 1,663 3 BEDUnit 6 1,598 330 1,928 2+MEZ BEDUnit 7 2,021 162 2,183 3+MEZ BEDUnit 8 1,688 312 2,000 2+MEZ BEDUnit 9 1,913 286 2,199 3 BEDUnit 10 1,557 287 1,844 3 BEDUnit 11 1,809 190 1,999 3 BEDUnit 12 1,864 622 2,486 3 BEDUnit 13 1,755 670 2,425 3 BEDUnit 14 1,865 532 2,397 3 BEDUnit 15 1,738 228 1,966 2 BEDUnit 16 1,828 679 2,507 3 BEDTotal/Average 27,723 338 33,132 -

81/100WALK SCORE

26,377POPULATION WITHIN A

ONE-MILE RADIUS

10 | PROPERTY OVERVIEW • PROPERTY DETAILS

FOOD & DRINK

RETAIL & SERVICES

MARKET / GROCERY

VENUES / THEATER /EVENTS / LANDMARKS

1. Little Pine2. Blair ’s3. Michelangelo Ristorante4. Edendale Restaurant and Bar5. Tenants of the Trees6. Say Cheese7. The Friend8. Hyperion Public9. Speranza10. Mixto11. Magpies12. Southpaw

13. Broome Street General Store14. The Establishment Salon15. Shag hair design16. Natural pilates17. The Raven Spa

18. Gelson’s Market19. Trader Joe’s20. Whole Foods

2.4 Miles: The Echo & Echoplex 2.6 Miles: Echo Park Lake3.0 Miles: Dodgers Stadium3.1 Miles: Carroll Avenue in Angelino3.1 Miles: Heights (Victorian Homes)3.8 Miles: Elysian Park

PROPERTY OVERVIEW • PROPERTY DETAILS | 11

20

1161718

2

34

510

11

12

619

13 14 15

7

89

RTI DEVELOPMENT

3 minute walk to Ivanhoe Elementary School

PROPERTY OVERVIEW • RENDERING | 1312 | PROPERTY OVERVIEW • RENDERING

RENDERINGCOURTYARD PRIVATE COURTYARD SIDE OF THE PROPERTY

FRONT

PROPERTY OVERVIEW • ARCHITECT INFO | 1514 | PROPERTY OVERVIEW • ARCHITECT INFO

RIOS was founded in 1985 as a multi-disciplinary design firm. Rios has earned an international reputation for its collaborative and multi-disciplinary approach, es-tablishing an award-winning tradition across an unprecedented range of design disciplines. The firm’s Creative Directors comprise a team involved in every aspect of design, from practice to education. Since 1985, the architects, landscape architects, planners, and urban, interior, exhibit, graphic, and product designers at Rios

Clementi Hale Studios have been creating and telling stories through buildings, places, and products that are thoughtful, effective, and beautiful.

ARCHITECT INFO

ARCHITECTURE LANDSCAPE ARCHITECTURE INTERIOR DESIGN AND MORE

ONE BEVERLY HILLS 1 HOTEL WEST HOLLYWOOD ECHO STREET WEST

The Spark Lawrence J. Ellison Institute For Transformative Medicine OF USC

Flight at Austin

A horticulturally-rich terrain and lush escape for Beverly Hills

Hospitality Infused with Nature Inspired by Atlanta's Industrial Fabric

The Spark collaboration table is a solution for the contemporary workplace Changing the Soil of Cancer Research

Reimagining Creative Office

LANDSCAPE ARCHITECTURE

INTERIOR DESIGN


INTERIOR DESIGN


URBANDESIGN


PRODUCTLANDSCAPE

ARCHITECTURE

PROPERTY OVERVIEW • SITE PLAN & FLOOR PLANS | 1716 | PROPERTY OVERVIEW • SITE PLAN & FLOOR PLANS

SITE PLAN & FLOOR PLANS

1 6M A P S , A E R I A L S & P H O T O S W A V E R L Y 1 6 U N I T S

UP

AB

C

534' - 0"

521' - 0"

525' - 0"

518' - 0"

500

' - 0

"

495

' - 0

"

490

' - 0

"

485

' - 0

"

480

' - 0

"

475

' - 0

"

470

' - 0

"

46 5

' - 0

"

460

' - 0

"

455

' - 0

"

450

' - 0

"

445

' - 0

"

100'

- 0"

SID E

YAR

D SE

TBA C

K6'

- 0"

SID E

YAR

D SE

TBA C

K6'

- 0"

EDGE OF STREET

WAV

ERLY

DRI

VE

PROPERTY LINE

286' - 6"

292' - 7"

99' -

9"

FRONT SETBACK

15' - 0"

16 UNITS MULTI-FAMILYTHREE STORIES, BUILDING HEIGHT ABOVE GRADE: 35'-11"1ST FLOOR: APPROX 10,194 SF 2ND FLOOR: APPROX 8,875 SF3RD FLOOR: APPROX 6,894SFTOTAL: 25,963 SFFAR: 1.14

PROPERTY LINE

CENTER LINE OF WAVERLY DRIVE

SIDE

YARD

SET

BACK

6' - 0

"33

' - 5"

DRI V

EWAY

19' -

0"35

' - 7"

SID E

YARD

SET

BACK

6' - 0

"

277' - 11"

07

11

05 12

REAR SETBACK

15' - 0"

_____________________

A01.021

05

09

10

04

10

04

02

10

15

10

15

04

04

04

04

10

10

04 04

15

15

16

16

14

REAR SETBACK

15' - 0"

POTENTIAL SOLAR PANEL AREA: 1,094 SF

NOTE:

ROOF AREA = 7,995 SFTOTAL REQIRED SOLAR PANEL AREA: 1,440 SFTOTAL POTENTIAL SOLAR PANEL AREA PROVIDED: 1,604 SF>15% OF TOTAL ROOF AREA

1

MIN.

4' - 0

"

MIN. 5'-0"

1

POTENTIAL SOLAR PANEL AREA: 510 SF

MIN.

4' - 0

"

1

1

15

20

20

21

3' - 1

1"

3' - 1

0"

T.W. EL. 507' - 11"

T.W. EL. 507' - 11"

T.W. EL. 524' - 4"

T.W. EL. 524' - 4"

T.O. SOIL EL. 507' - 2 1/4"

(E) GRADE EL. 522' - 1 1/2"

HILLSIDE SLOPE TO BE REGRADED PER CIVIL.

19

03

17

13

01

18

06

0808

12' - 4 1/2"

4' - 3"T.W. EL. 514' - 11"

B.W. EL. 514' - 4"

B.W. EL. 515' - 5 3/4"

T.W. EL. 524' - 4"

22

FRONT SETBACK15' - 0"

(E) 1 STORY HOUSE

(E) 1 STORY HOUSE

21

21

21

1. FOLLOW ALL RECOMMENDATIONS AND CONDITIONS SET FORTH IN THE FOLLOWING REPORTS:A. GEOTECHNICAL REPORT BY BYER GEOTECHNICAL - GEOLOGICAL AND SOLS ENGINEER EXPLORATION UPDATE AND PLAN REVIEW.B. REFER TO CITY OF LOS ANGELES SOILS REPORT APPROVAL LETTER DATED XX/XX/XXXX LOG NO. ####

2. CONSTRUCTION SHALL NOT RESTRICT A FIVE FOOT CLEAR AND UNOBSTRUCTED ACCESS TO ANY WATER OR POWER DISTRIBUTION FACILITY (POWER POLES, PULL BOXES, TRANSFORMERS, VAULTS, METERS, APPURTENANCES, ETC...) OR TO THE LOCATION OF THE HOOK-UP. CONSTRUCTION SHALL NOT BE WITHIN 10' OF POWER LINES-WHETHER OR NOT THE LINES ARE LOCATED ON THE PROPERTY. FAILURE TO COMPLY MAY CAUSE CONSTRUCTION DELAYS AND/OR ADDITIONAL EXPENSES.

3. OBTAIN PERMITS FROM PUBLIC WORKS PRIOR TO CONSTRUCTION OF DRIVEWAY ACCESS.4. PROVIDE ALL SITE IMPROVEMENTS - SUCH AS CITY SIDEWALKS, CURBS, & GUTTERS IN ACCORDANCE WITH

LOCAL CODES AND COMPLY WITH AGENCIES HAVING JURISDICTION.5. STAKE AND FLAG PROPERTY LINES IN ACCORDANCE WITH LICENSED SURVEY MAP.6. PROVIDE POSITIVE DRAINAGE AWAY FROM ALL STRUCTURES.7. AN APPROVED SEISMIC SHUT-OFF VALVE WILL BE INSTALLED ON THE FUEL GAS LINES ON THE DOWN STREAM

SIDE OF THE UTILITY METER AND BE RIGIDLY CONNECTED TO THE BUILDING OR STRUCTURE CONTAINING THE FUEL GAS PIPING. SEPARATE PLUMBING PERMIT IS REQUIRED.

8. CONTRACTOR TO PROVIDE, ERECT, AND MAINTAIN ALL TEMPORARY BARRIERS AND GUARDS AND ALL TEMPORARY SHORING AND BRACING AS REQUIRED BY ALL CITY & STATE REGULATIONS.

9. CONTRACTOR SHALL PROVIDE ADEQUATE WEATHER PROTECTION FOR THE BUILDING AND ITS CONTENTS DURING THE COURSE OF WORK.

10. CONTRACTOR TO PROVIDE TEMPORARY POWER POLE AND METER FOR THE DURATION OF WORK. CONTRACTOR TO MAINTAIN TEMPORARY LIGHT AS REQUIRED FOR THE DURATION OF WORK.

11. CONTRACTOR TO PROVIDE TEMPORARY SANITARY FACILITIES AS TO LEAST IMPACT NEIGHBORS AND AS DIRECTED BY CITY REGULATIONS.

12. DRAINAGE SHOWN ON CIVIL.13. ALL EXISTING TREES TO REMAIN, U.N.O.

SITE PLAN GENERAL NOTES

PROJ

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WAVERLYMULTI-FAMILYRESIDENTIAL

18035

[ TYPE FILE NAME ]

SITE PLAN

A01.01

2919-2923 W.Waverly DriveLos Angeles, CA 90039

02/08/19 PLAN CHECK07/30/19 BID SET

SCALE: 3/32" = 1'-0"SITE PLAN 1

3 60 2211

KEYNOTE LEGEND

KEY VALUE

01 DRIVEWAY TO BELOW GRADE GARAGE.02 TRANSFORMER.03 PEDESTRAIN ENTRY GATE04 PRIVATE TERRACE.05 SIDE YARD GATE.06 2:1 SLOPE BACK FILL WITH LANDSCAPE.07 19'-0" SLIDING GARAGE ENTRY GATE.08 10'-0" MAX SITE RETAINING WALL, PER CIVIL.09 COMMON COURTYARD, BELOW.10 PRIVATE COURTYARD.11 FRONT YARD FENCE ALONG PROPERTY LINE.12 EDGE OF BUILDING PAD.13 ENTRY PATH.14 ELEVATOR OVERRUN & ROOF ACCESS STAIR15 ROOF DECK16 STAIR DOGHOUSE17 (2) SHORT TERM BIKE PARKING18 ADDRESS IDENTIFICATION PER LAFC 505.119 FDC LOCATION PER LAFC 912.2.120 SIDEYARD RETAINING WALL PER STRUCTURAL21 LOCATION OF CONDUIT RUN TO MAIN PANEL &

INVERTER IN ELECTRICAL ROOM. ROUTING OFPLUMBING TO WATER HEATER

22 TRANSFORMER ACCESS GATES PER LADWP

DRAWING NORTH

1

1

1

1 4/30/2019 PLAN CHECKCORRECTIONS

11

1

H

Site Plan


UP

UP

UP

UP

AB

C

DN

UP

UP UP

503

' - 0

" 5

00' -

0"

495

' - 0

"

490

' - 0

"

1A04.02

______________________________________________

2A04.04

______________________________________________1

A04.05______________________________________________

SET B

ACK

6' - 0

"33

' - 5"

19' -

0"5'

- 0"

30' -

7"SE

T BAC

K6'

- 0"

FRONT YARD SETBACK15' - 0"20' - 3" 40' - 0"40' - 0"40' - 0"35' - 0"

FRONT YARD SETBACK15' - 0" 15' - 9"33' - 4"8' - 3"42' - 0"13' - 0"

UNIT 01

WAV

ERLY

16' -

3"47

' - 11

"

TRANS.

100'

- 0"

21' -

7"12

' - 0"

30' -

0"

PROPERTY LINE

PROP

ERTY

LINE

1A04.04

______________________________________________

2A04.03

______________________________________________

1A04.01

______________________________________________

1A04.03

______________________________________________

_____________________

A09.052

_____________________

A09.072

N2

351014

C

13 11 6 N1

F.1

E

1218

18

H

B

A

PROPERTY LINESAME AS BASEMENT GRID BK

TO F.O. SHEATHINGSAME AS BASEMENT GRID BH

PROPERTY LINESAME AS BASEMENT GRID BA

TO F.O. SHEATHINGSAME AS BASEMENT GRID BB

F.O.

SHE

ATHI

NGSA

ME A

S GR

ID B

9

F.2

7

F

F.3

4

N4

B.1F.O. SHEATHING

F.O. SHEATHING

F.O. CMU

F.O. SHEATHING

F.O. SHEATHING

F.O. SHEATHING

F.O. SHEATHING @ DRIVEWAY

217

17

______________________________________

A03.011

______________________________________

A03.022

A03.046

5

4

A03.04 1

2

3

______________________________________

A03.021

______________________________________

A03.012

A03.04 7

8

9

2A04.05

______________________________________________

2A04.02

______________________________________________

3A04.04

______________________________________________

______________________________________

A08.01A1

______________________________________

A08.03A1

______________________________________

A08.05A1

______________________________________

A08.07A1

______________________________________

A08.09A1

______________________________________

A08.13A1

______________________________________

A08.17A1

12' - 11" 22' - 0" 27' - 5" 12' - 7" 22' - 1" 17' - 11" 26' - 9" 13' - 3"

UNIT 06

UNIT 02 UNIT 03 UNIT 04 UNIT 05

UNIT 07 UNIT 08

2A04.01

______________________________________________

EL. 519' - 9"

EL. 524' - 3 1/2"

EL. 524' - 3 1/2"

GAS METERS

LINE

OF (E

) CUR

B

F.O.

SHE

ATHI

NG

F.O. S

HEAT

HING

F.O.

SHE

ATHI

NG

C.L.

DEMI

SING

WAL

L

C.L.

DEMI

SING

WAL

L

C.L.

DEMI

SING

WAL

L

C.L.

DEMI

SING

WAL

L

C.L.

DEMI

SING

WAL

L

F.O.

SHE

ATHI

NG

F.O.

SHE

ATHI

NGF.

O. S

HEAT

HING

F.O.

SHE

ATHI

NGF.

O. S

HEAT

HING

F.O.

SHE

ATHI

NG

8

F.O. CONC. WALL @ DRIVEWAY

D

G

______________________________________

A08.11A1

1-HR CABINET w/ FIRE ALARM ANNUNCIATOR & SPRINKLER CONTROLS

20.00%LOBBY

FDC

1-03.09A

1-04.09A1-02.09A

1-01.04

1-06.03

1-01.071-01.04 1-02.07 1-02.11 1-03.07 1-03.06 1-04.07 1-04.08 1-04.11

1-01.03

1-07.01

1-07.03

1-07.05

1-07.09

1-07.07

1-02.01A

1-04.01B

1-02.01B 1-03.01 1-04.01A

1-01.02

1-02.08

1-03.11

1-03.04

1-06.04 1-06.101-06.07

1-06.01

1-06.12

1

1

1

1B

1

1-00.1

A07.011

2

1-08.111-08.10

1-08.08 1-08.07 1-08.05

1-05.06

1-08.02

1-05.03

1-06.111-06.09

1-05.02

1-05.08B

1-08.04

1-08.09

1-05.03

MASTERBEDROOM

BEDROOM

BEDROOM

MASTERBEDROOM

BEDROOM 1 BEDROOM 2

MASTERBEDROOM

MASTERBEDROOM

BEDROOM BEDROOM 1

BEDROOM 2

BEDROOMMASTERBEDROOMBEDROOM 2

BEDROOM 1BEDROOM

MASTERBEDROOM

38' - 11" 17' - 2"

1-05B

STAIR 2

STAIR 1

ELEVATOR

1A

113

114

113 114

118

F.O.

CMU

F.O.

CMU

F.O. C

MU

F.O. C

MU

1-00

1191-05A

1 HR FIRE RATING

2 HR FIRE RATING

3 HR FIRE RATING

FIRE RATING LEGEND

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OVERALL FLOOR PLAN- LEVEL 1

A02.02



SCALE: 1/8" = 1'-0"FLOOR PLAN - LEVEL 1 1

2 40 168

DRAWING NORTH

KEYNOTE LEGEND

KEYVALUE

113 ENCLOSED STAIR w/ 2-HR RATED WALL PER CBC1023.7

114 CLASS I, WET STANDPIPE118 42" AFF GUARDRAIL, PER CBC 1015.3, TYP.119 TRASH CHUTE AND DOORS PER CBC 713.13

OVERALL PLAN NOTES

1 4/30/2019 PLAN CHECKCORRECTIONS

H

Overall Floor Plan – Level 1

SITE PLAN FLOOR PLAN - LEVEL 1

PROPERTY OVERVIEW • SITE PLAN & FLOOR PLANS | 1918 | PROPERTY OVERVIEW • SITE PLAN & FLOOR PLANS

SITE PLAN & FLOOR PLANS


DN

UP

UP

UP

DN

AB

C

1A04.02

______________________________________________

2A04.04

______________________________________________1

A04.05______________________________________________

29' - 2"40' - 0"40' - 0"40' - 0"34' - 11"

15' - 9"15' - 5"17' - 11"8' - 3"41' - 3"13' - 8"

OTB

OTB

UNIT 01

OTB

OTB

OTBOTB

41' -

9"

18' -

10"

23' -

2"22

' - 5"

23' -

7"

16' -

3"29

' - 9"

100'

- 0"

OTB

OTB

1A04.04

______________________________________________

2A04.03

______________________________________________

1A04.01

______________________________________________

1A04.03

______________________________________________

351014

C

13 11 6

1218

18

B

F.2

7

F

F.3

4

MASTERBEDROOM

MASTER BATH

BEDROOM

MASTERBEDROOM

N4

B.1

2

______________________________________

A03.011

______________________________________

A03.022

______________________________________

A03.021

______________________________________

A03.012

A03.046

5

4

A03.04 1

2

3A03.04 7

8

9

2A04.05

______________________________________________

2A04.02

______________________________________________

3A04.04

______________________________________________

16

UNIT 11

UNIT 10

UNIT 06

UNIT 12

UNIT 02

UNIT 03

UNIT 13 UNIT 14

UNIT 04

UNIT 15

UNIT 07

UNIT 09 UNIT 16

UNIT 08

______________________________________

A08.01B1

______________________________________

A08.03B1

______________________________________

A08.05B1

______________________________________

A08.07B1 ______________________________________

A08.09B1

______________________________________

A08.15A1

______________________________________

A08.11B1

______________________________________

A08.13B1

______________________________________

A08.17B1

UNIT 05

2A04.01

______________________________________________



F.O. SHEATHING

F.O. SHEATHING

F.O. SHEATHING

F.O. SHEATHING

F.O. SHEATHING

F.O.

SHE

ATHI

NGSA

ME A

S GR

ID B

9

F.O. S

HEAT

HING

F.O.

SHE

ATHI

NG

C.L.

DEMI

SING

WAL

L

C.L.

DEMI

SING

WAL

L

C.L.

DEMI

SING

WAL

L

C.L.

DEMI

SING

WAL

L

C.L.

DEMI

SING

WAL

L

F.O.

SHE

ATHI

NG

F.O.

SHE

ATHI

NGF.

O. S

HEAT

HING

F.O.

SHE

ATHI

NGF.

O. S

HEAT

HING

F.O.

SHE

ATHI

NG

F.O.

DEM

ISIN

G W

ALL

F.O.

SHE

ATHI

NG

_____________________

A09.053

24' -

2 1/2"

7' - 6

1/2"

10' -

0"18

' - 6 1

/2"11

' - 2 1

/2"

_____________________

A09.073

89

G

27' - 5" 12' - 7" 22' - 1" 17' - 11" 26' - 9" 13' - 3"

ENCLOSED EGRESS STAIR w/ STANDPIPE.2 HR RATED WALL PER CBC 1023.7

ENCLOSED EGRESS STAIR w/ STANDPIPE. 2 HR RATED WALL PER CBC 1023.7

TRASH CHUTE PER CBC 713.13

2-12.11B

2-12.10

2-12.11A

2-12.09

2-12.08

2-14.11B

2-14.10

2-14.11A

2-14.09

2-14.08

2-10.10

2-10.092-10.06

2-10.08

2-10.07

2-11.06

2-11.07 2-13.07 2-13.06A

2-13.11B

2-13.06B

2-13.10

2-13.11A

2-11.08

2-13.10B

2-14.11B

2-14.122-11.082-01.04

1-02.02

2-12.122-12.102-12.09 2-12.11 2-03.12B2-03.12A2-13.082-13.07 2-14.102-14.09 2-14.11A

2-11.11A2-11.11B

2-04-02A

2-06.13B

2-06.02

2-10.11

2-10.08

2-10.10

2-07.12B

2-07.13B

2-07.03A2-07.12A 2-07.12B

2-07.10A

2-07.12A

2-07.10B

2-12.11B

1-02.02A

2-04-02B1-02.01A

2-11.12

2-11.09

2-07.13A

2-07.03B

2-13.10A

2-01.04

2-11.12

2-10.07

2-13.12

2-09.12 2-09.112-06.13A

2-09.09

2-09.10

2-09.14

2-09.10

2-01.10

2-09.12

2-09.11

2-09.18

BEDROOM 2

MASTERBEDROOM BEDROOM 2

BEDROOM 1

BEDROOM 2

BEDROOM 1

MASTERBEDROOM

MASTERBEDROOM

BEDROOM 1

MASTERBEDROOM

BEDROOM 2 BEDROOM 1 BEDROOM 2 BEDROOM 1

MASTERBEDROOM

BEDROOM 2 BEDROOM 1

MASTERBEDROOM

MASTERBEDROOM

BEDROOMMASTER

BEDROOM

BEDROOM

2-16.09 2-16.08 2-16.07 2-08.04B

2-08.04A

2-08.12

2-16.062-16.05

2-15.09

2-15.10

2-05.09B

2-05.09A2-05.10

2-15.07

2-15.08

1 HR FIRE RATING

2 HR FIRE RATING

3 HR FIRE RATING

FIRE RATING LEGEND

PROJ

ECT ID

CONS

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TRE

VISION

SFIL

ENAME

DRAWIN

G TITL

EDAT

ESCA

LEDRA

WING N

O.


ISSUE

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3.785

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PH: 3

23.78

5.180

0LO

S ANG

ELES

, CA 9

0018

3101 W

EXPO

SITION

PLAC

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S CLE

MENT

I HAL

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A02.03




2 40 168

DRAWING NORTH

KEYNOTE LEGEND

KEYVALUE

OVERALL PLAN NOTES

H



DN

DN

DN

AB

CDN

UP

DN

UP

DN

UP

DN

UPDNUP

1A04.02

______________________________________________

2A04.04

______________________________________________1

A04.05______________________________________________

8' - 11" 26' - 0" 40' - 0" 40' - 0" 40' - 0"

286 SF TERRACE

100 SF TERRACE

UNIT 13 UNIT 14 UNIT 15

UNIT 16

UNIT 11 UNIT 12

UNIT 09

UNIT 10

255 SF TERRACE

5' - 3"13' - 3"26' - 9"17' - 11"22' - 1"12' - 7"

30' -

4"7'

- 7"

10' -

0"16

' - 3"11

' - 2"

4' - 1

1"

23' -

10"

9' - 7

"11

' - 7"

20' -

1"22

' - 11

"

5' - 0"8' - 3"6' - 2"20' - 7"17' - 11"22' - 1"12' - 7"6' - 2"21' - 3"5' - 8"

100'

- 0"

1A04.04

______________________________________________

2A04.03

______________________________________________

1A04.01

______________________________________________

1A04.03

______________________________________________

_____________________

A09.074

_____________________

A09.054

351014

C

13 11 6

1218

18

H

B

A

F.2

7

F

F.3

4

N4

B.1

2

PROPERTY LINESAME AS BASEMENT GRID BK


PROPERTY LINESAME AS BASEMENT GRID BA


F.O. SHEATHING

F.O. SHEATHING

F.O. SHEATHING

F.O. SHEATHING

F.O. SHEATHING

______________________________________

A03.011

______________________________________

A03.022

______________________________________

A03.021

______________________________________

A03.012

______________________________________

A03.051

A03.046

5

4

A03.04 1

2

3A03.04 7

8

9

A03.05 84

______________________________________

A03.056

A03.05 57

2A04.05

______________________________________________

2A04.02

______________________________________________

3A04.04

______________________________________________

16

15

______________________________________

A08.01C1

______________________________________

A08.03C1 ______________________________________

A08.05C1

______________________________________

A08.07C1

______________________________________

A08.09C1

______________________________________

A08.15B1

______________________________________

A08.11C1

______________________________________

A08.17C1

2A04.01

______________________________________________

F.O.

SHE

ATHI

NGSA

ME A

S GR

ID B

9

F.O. S

HEAT

HING

F.O.

SHE

ATHI

NG

C.L.

DEMI

SING

WAL

L

C.L.

DEMI

SING

WAL

L

C.L.

DEMI

SING

WAL

L

C.L.

DEMI

SING

WAL

L

C.L.

DEMI

SING

WAL

L

F.O.

SHE

ATHI

NG

F.O.

SHE

ATHI

NGF.

O. S

HEAT

HING

F.O.

SHE

ATHI

NGF.

O. S

HEAT

HING

F.O.

SHE

ATHI

NG

F.O.

DEM

ISIN

G W

ALL

F.O.

SHE

ATHI

NG

F.O.

SHE

ATHI

NG

O.T.B.

OPEN TO BELOW & SKY

O.T.B. O.T.B.

2-07.10C

2-07.13

7/8" / 1'-0" 7/8" / 1'-0"

1/4" /

1'-0"

3/8" /

1'-0"

3/8" / 1'-0"

3/8" /

1'-0"

3/8" / 1'-0"

7/8" / 1'-0"

1/4" /

1'-0"

7/8" / 1'-0"

2-07.01A

5' - 0"

4' - 6

1/4"

5' - 0

"

6' - 8

3/4"

89

G

393 SF TERRACE

230 SF TERRACE

308 SF TERRACE

190 SF TERRACE

287 SF TERRACE

3-14.01

3-13.01B

3-13.02

3-13.01A

3-11.02

3-11.04

3-11.05

3-10

3-12.02B

3-12.02A

3-13.04 3-14.03A

3-14.02B

3-12.02

3-12.03A

3-14.05

3-10.01

3-10.05

3-14.02A

3-14.06

3-14.02

3-11.01

3-12.01A

3-13.053-12.06

3-10.05

3-12.01B

3-09.02

3-07

3-09.05

3-09.04A

3-09.04B

3-09.053-09.03

3-09.01

3-04A 3-04B2-07.01B

2-07.01C

02-16.11

116115

117

118

113

114

113

114

119

114124

124

123

123

00

3-08

1 HR FIRE RATING

2 HR FIRE RATING

3 HR FIRE RATING

FIRE RATING LEGEND

SINGLE ROOF/AREA DRAIN. SEE 6/A11.24

COMBINATION ROOF DRAIN/OVERFLOW. SEE 6/A11.24

OVERFLOW SCUPPER. SEE 5/A11.24

SLOPE DIRECTION3/8" : 1'-0" MIN ROOF, U.N.O.1/4" : 1'-0" WALKING SURFACE, U.N.O.

DOWNSPOUT. SEE 4/A11.24

DRAINAGE LEGEND

PROJ

ECT ID

CONS

ULTAN

TRE

VISION

SFIL

ENAME

DRAWIN

G TITL

EDAT

ESCA

LEDRA

WING N

O.


ISSUE

S

Pub

lishe

d:

www.r

chstu

dios.c

omFA

X: 32

3.785

.1801

PH: 3

23.78

5.180

0LO

S ANG

ELES

, CA 9

0018

3101 W

EXPO

SITION

PLAC

ERIO

S CLE

MENT

I HAL

E STU

DIOS

C

LIC

S DENE ARCH I T

TEC

ALC

RO

BEG. AH LE

C011663EXP 9-30-19

I FORN

IA

FOETAT

S

RT

As indicated

7/30/2019 11:58:31 AM

7/3

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31

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A02.04




2 40 168

DRAWING NORTH

OVERALL PLAN NOTESKEYNOTE LEGEND

KEYVALUE

00 SITE PLAN113 ENCLOSED STAIR w/ 2-HR RATED WALL PER CBC

1023.7114 CLASS I, WET STANDPIPE115 WATER CURTAIN IN LIEU OF PROTECTED

EXTERIOR OPENINGS PER LADBSBULLETINP/BC2014-106

116 OPEN ENDED 1-HR RATED CORRIDOR, PER CBC1020.1 & 903.3.1.2.2

117 INTERMITTENT SMOKE AND DRAFT PROTECTEDDOOR

118 42" AFF GUARDRAIL, PER CBC 1015.3, TYP.119 TRASH CHUTE AND DOORS PER CBC 713.13123 ROOF SCUPPER & DOWNSPOUT, PER PLUMBING,

TYP.124 ALL ROOF DRAINS DRAIN TO LID BMP; SEE CIVIL

PLANS

H


FLOOR PLAN - LEVEL 2 FLOOR PLAN - LEVEL 3

AREAOVERVIEW

2

AREA OVERVIEW

SILVER LAKEL.A.'s Most Tragically Hip Neighborhood

Silverlake is a neighborhood in Los Angeles that is flanked on the

northeast by Atwater Village and Elysian Valley, on the southeast

by Echo Park, on the southwest by Westlake, on the west by East

Hollywood and on the northwest by Los Feliz. It was deemed one

of “the city’s hippest neighborhoods” by the Los Angeles Times for

its multitude of unique and locally owned bars, night clubs, cafes,

restaurants and vintage/antique shops. Silver Lake is also one of

LA’s most walkable neighborhoods with everything conveniently

located on Sunset Boulevard. The eclectic enclave boasts a

booming arts scene, creative residents, and Sunset Junction

serves as the heart of Silver Lake with its retail corridor.

• Silver Lake is home to artists, writers, musicians, activists and enterpreneurs• Silver Lake is extremely bikable with a bike lane that runs the length of Sunset Boulevard with plenty of bike raps• Silver Lake is named after a reservoir and has plnety of outdoor space including the Silver Lake Recreation Center and multiple staircases that allow pedestrians up and down the neighborhood’s hills• Silver Lake is considered the new mecca of the LGBT community

AREA HIGHLIGHTS

AREA OVERVIEW | 2322 | AREA OVERVIEW

Downtown Los Angeles

Downtown, comprising diverse smaller areas such as Chinatown, Little Tokyo and the Arts District, offers renowned art museums, cutting-edge restaurants & hip bars.

5.6 Miles From Subject Property

Griffth ParkGriffith Park is a large municipal park at the eastern end of the Santa Monica Mountains, in the Los Feliz neighborhood of Los Angeles, California. The park covers 4,310 acres of land, making it one of the largest urban parks in North America.


Silver Lake Reservoir

The Silver Lake Reservoirs comprise two concrete-lined basins, Ivanhoe Reservoir and Silver Lake, divided by a spillway, in the Silver Lake community of Los Angeles, California.


POINTS OF INTEREST


Total Population of Silver Lake, Los Angeles, CA.

MALE FEMALE

43,338

49%51%EDUCATION

The Median Age is 37.3.

85,659Owner Occupied Households

within 5-m radius

308,181Renter Occupied Households

within 5-m radius

57,631Businesses

within a 5-m radius

$125,460Average HH income within

5-m radius

$98,042Median HH income within

1-m radius

1,029,968Population within

5-m radius

1 MILE 3 MILES 5 MILES

2020 Population 26,377 332,166 1,029,968

2020 Households 11,464 124,941 393,840

2020 Average Household Size 2.20 2.60 2.50

2020 Median Household Income $98,042 $59,287 $53,403

2020 Average Household Income $125,460 $84,123 $79,374

2020 Owner Occupied Households 4,914 29,983 85,659

2020 Renter Occupied Households 6,549 94,958 308,181

<$25,000 1,381 28,789 103,473

$25,000 - $50,000 1,290 26,021 84,633

$50,000 - $75,000 1,601 20,414 62,185

$75,000 - $100,000 1,584 14,596 42,074

$100,000 - $125,000 1,249 11,228 31,482

$125,000 - $150,000 1,125 6,466 18,572

$150,000 - $200,000 1,228 7,130 21,362

$200,000+ 2,006 10,297 30,059

High School Graduate12%

Master’s Degree or Higher20%

Bachelor’s Degree37%

Some College or Associates Degree22%


DEMOGRAPHICS

G R O U P

BRANDON MICHAELS


RTI DEVELOPMENT

Designed By: Award-winning Architect Firm BRANDON MICHAELSSenior Managing Director of InvestmentsSenior Director, National Retail GroupTel: (818) 212-2794Fax: (818) [email protected]: CA #01434685www.BrandonMichaelsGroup.com

ANDREW LEFFFirst Vice President InvestmentsDirector, National Retail GroupTel: (818) 212-2815Fax: (818) [email protected]: CA #01865688www.BrandonMichaelsGroup.com

A FULLY ENTITLED 16 UNIT CONDO RTI DEVELOPMENT … · 2020. 8. 26. · Senior Managing Director of...

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