944 Hammond St
WEST HOLLYWOOD, CA 90069

Property

Ownership: For Sale
Area: 5246 sq ft
Lot Size: 0.1 Acres

Financials

Price:$1,495,000
271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of Compass

944 Hammond St Sunset Strip La

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.

Neighborhood

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CLAW

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.