Priced to sell. An exceptional development opportunity returns to market at a compelling new price point. Situated in the heart of West Hollywood's highly coveted Norma Triangle, 944 Hammond Street offers a rare 5,246 square foot R4B-zoned High-Density lot - widely considered one of the premier locations in the city.… Read More Located just blocks from Beverly Hills and North Doheny Drive, the property features outstanding walkability with a Walk Score of 91. It also benefits from close proximity to transit options, top-tier dining, luxury retail, and landmark destinations such as The Edition West Hollywood, The London Hotel, and a wave of new developments along Sunset Boulevard. This vacant and unoccupied parcel presents versatile development potential: build a single-family residence, multiple townhomes, or take advantage of the site's high-density zoning to pursue a larger multi-unit project (Buyer to verify). With possible commanding views of Downtown LA, the Hollywood Hills, and Century City, the site provides an exceptional vantage point for future construction. Zoning permits generous development scope, including the potential for up to six stories under the State Density Bonus Law (Buyer to verify), with further expansion possible under Assembly Bill 1287. Additionally, AB 2097 may reduce or eliminate parking requirements, streamlining the entitlement process (Buyer to verify). The site is not subject to Rent Control if developed as new rental housing and requires no tenant relocation. This is a rare chance to secure a prime development site in one of West Hollywood's most walkable and desirable neighborhoods - ideal for both seasoned developers and visionary investors. Read Less
Courtesy of Compass 323-593-6999
Listing Snapshot
Days Online
85
Last Updated
Property Type
Other
Lot Size
0.12 Acres
MLS Number
25526593
30 Days Snapshot Of 90069
$2.65M
+50%
(avg) sold price
27
+17%
homes sold
99
+62%
(avg) days on market
Snapshot
Area Map
Additional Details
Disclosures
None
Water Features
Water: In Street
Lot
LotAcreage: 0.1204, LotSizeArea: 5,246, Single Lot
Miscellaneous
None
Property
LandLeaseType: Fee, ViewDescription: City, City Lights, Hills, ViewYN: 1, Zoning: WDR4*
Sewer
In Street
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