Tim The Enchanter
Elite Member
- Joined
- Jan 24, 2002
- Professional Status
- Certified Residential Appraiser
- State
- California
I saw a duplex last month consisting of 1 house of about 2400 SF and another of 500 SF. The larger one is over 100 years old and needs "everything". Roof electric plumbing HVAC windows and more. The small one is slightly better. I advised the client and they have been sitting on it. Now they as what the fee would be to do an H&B use analysis to determine if it is residential, or not. Zoning RD1.5-XL allows at least 5 units, maybe more with incentives. The laws are ridiculously complex. If it was in better shape I don't think I'd have much question. But as is maybe it would be better to tear down.
H&B use is residential with the zoning. How many units is another question and one I don't have experience or training with. I suspect that is what they really want to know. I'm thinking to tell them so and ask again to cancel this mess. It was previously listed as a development opportunity but did not sell. It is in Hollywood and there is a lot of redevelopment going on there. Ugh.
H&B use is residential with the zoning. How many units is another question and one I don't have experience or training with. I suspect that is what they really want to know. I'm thinking to tell them so and ask again to cancel this mess. It was previously listed as a development opportunity but did not sell. It is in Hollywood and there is a lot of redevelopment going on there. Ugh.
