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$ 2,984,000
Est. payment | /mo
6,500 Sqft Lot
$ 2,984,000
Est. payment | /mo
6,500 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CL24394219
HOA Y/N No
Lot Size 6,500 Sqft
Acres 0.15
Property Description
We are pleased to present a rare offering of two contiguous vacant lots located at 947 Genesee Avenue and 944 Ogden Drive in the vibrant city of West Hollywood. Spanning a combined total of 13,000 square feet with WDR3C zoning, these properties present an opportunity for developers and investors to construct a premier residential project and will be delivered RTI for 10 luxury townhome style condominiums. The plans for this site include the construction of (5) 3Bd/3.5Ba and (5) 3Bd/2.5 Ba townhome style units with 13,215 square feet of rentable space, each designed with luxury and modern living in mind. Additionally, the development will feature subterranean parking, providing ample and secure vehicle storage for residents. The exact same development, consisting of a three-story building with 10 luxury townhomes, was successfully completed on the two lots directly to the north, showcasing the proven appeal and success of such a project in this location. Current ownership is committed to facilitating a smooth development process and is offering favorable financing options. Terms will vary based on the buyer's experience, providing flexibility to seasoned developers and emerging investors alike. This prime location in West Hollywood not only offers a robust demand for high-end resi
Location
State CA
County Los Angeles
Area Listing
Zoning WDR3
Interior
Fireplace No
Exterior
View Y/N false
View None
Building
New Construction No
Others
Tax ID 5530025002
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Listed by Sevak Keshishian • Marcus & Millichap
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AnnMarie Barajas
Partner | Lic# DRE# 01898810