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$ 1,495,000
Est. payment | /mo
5,246 Sqft Lot
$ 1,495,000
Est. payment | /mo
5,246 Sqft Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26994827
Lot Size 5,246 Sqft
Acres 0.1204
Property Description
Situated in the heart of West Hollywood's coveted Norma Triangle, 944 Hammond Street presents a rare 5,246-square-foot, R4B-zoned high-density residential development site. Located just blocks from Beverly Hills and North Doheny Drive, the property offers exceptional walkability with a Walk Score of 91, along with convenient access to dining, luxury retail, hospitality and Sunset Boulevard. The vacant and unoccupied parcel offers a range of potential development opportunities, including a single-family residence, townhomes or a larger multifamily project, subject to applicable zoning, development standards and approvals. Depending on the proposed project and its eligibility, California State Density Bonus Law may provide opportunities for additional density, height, incentives, concessions and/or waivers beyond base zoning requirements. Buyer to independently verify all development potential. Qualifying projects may also benefit from reduced or eliminated minimum automobile parking requirements under AB 2097 if applicable transit-proximity and other statutory requirements are satisfied. Buyer to verify. Future development may offer views toward Downtown Los Angeles, the Hollywood Hills and Century City depending on building height, orientation and approved design. As a currently vacant parcel, the property requires no tenant relocation. Newly constructed rental units are generally exempt from West Hollywood's rent stabilization limits, although other applicable tenant protections and regulations may apply. 944 Hammond Street represents a rare opportunity to acquire a vacant high-density residential development site in one of West Hollywood's most established and walkable neighborhoods.
Location
State CA
County Los Angeles
Area West Hollywood Vicinity
Zoning WDR4*
Exterior
View Y/N Yes
View City, City Lights, Hills
Building
Lot Description Single Lot
Sewer In Street
Water In Street
Others
Special Listing Condition Standard
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Listed by Compass
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