Property
| Ownership: | For Sale |
|---|---|
| Area: | 5246 sq ft |
| Lot Size: | 0.12 Acres |
FinancialsPrice:$1,950,000
DescriptionAn exceptional development opportunity returns to market at a compelling 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. 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.
NeighborhoodMore listings:
An exceptional development opportunity returns to market at a compelling 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. 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.
944 Hammond St Sunset Strip LA
DescriptionAn exceptional development opportunity returns to market at a compelling 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. 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.
NeighborhoodMore listings:
An exceptional development opportunity returns to market at a compelling 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. 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.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
