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 City of Hermosa Beach --- 05-28-98
SUBJECT: REQUEST TO REMOVE COVENANT PROHIBITING SALE OF LOTS SEPARATELY
LOCATION: 514-518 Pier Ave./1184 Cypress
APPLICANT: Hanson and Talma Williams Property Owners
Request: To authorize release from a deed recorded covenant as specified in attached document, so that the subject parcels, addresses noted above, may be sold separately.
Staff Recommendation By minute order authorize release from the subject covenant and direct staff to execute the attached covenant superseding original covenant.
Background The subject site consists of four lots (See attached map). In 1968, the City required the property owners of the subject property Assessor parcels, 32, 15, and 21, Book 8187, page 20 to maintain ownership by way of a covenant recorded with the deed, as a means to secure the required parking for the existing development at 514-18 Pier Avenue on the 1184 Cypress Avenue property.
In 1984, the property at 1184 Cypress Avenue was redeveloped with 3 apartment units. All required parking for the apartment was provided and the commercial property was fully parked..
Analysis The owner's representative, Shorewood Realtors, has requested that the City authorize release of the parking covenant in order to sell separately the residential lot (1184 Cypress). The current businesses, a karate studio, and cleaners at 514-18 Pier Avenue are now the sole users of the on-site parking and the parking that previously existed 1184 Cypress Avenue is therefore no longer required.
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