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Updated over 10 years ago, 07/21/2014

User Stats

22
Posts
1
Votes
Rainier Guiang
  • Real Estate Investor
  • Tustin, CA
1
Votes |
22
Posts

Medical building and parking variances

Rainier Guiang
  • Real Estate Investor
  • Tustin, CA
Posted

We bought a medical building a little over a year ago.  Actually, it was a general office building that was stripped down and rehabbed from the studs in 2004 by the previous owner.  It was being marketed as a medical building and only half the building was occupied.  We bought the building and continued to market it as a medical building and found a tenant. During the building of the TIs, the planning dept said we didnt have enough parking spaces to comply with the current codes.  We applied for a variance and was granted it even though we were 19 spaces short.  Now we have one last unit to rent out at about 2100 sf.  However, now we will have to apply for another variance.  Given that we are already 19 spaces short for our current tenants, do you think it's even possible to get another variance for an additional 12 spaces?  

Has anyone come across this kind of problem?  If so, what are other options.  I thought of leasing spaces from a nearby property and applying for an easement.  Does anyone know of any other strategies?  Thanks so much!

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