• Broker Michael Maguire 3107702823

944 Hammond Street - 944 Hammond Street 0.12 Acres of Commercial Land Offered at $1,950,000 in West Hollywood, CA 90069

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INVESTMENT HIGHLIGHTS

  • R4B-zoned High-Density lot
  • Vacant and unoccupied parcel presents versatile development
  • Walk Score of 91

EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Price $1,950,000 Property Subtype Commercial
Sale Type Investment Proposed Use
Multifamily
  • Apartment Units
  • Single Family Development
No. Lots 1 Total Lot Size 0.12 AC
Property Type Land
Zoning WDR4*
Price $1,950,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
  • Single Family Development
Total Lot Size 0.12 AC
Zoning WDR4*

1 LOT AVAILABLE

Lot

Price $1,950,000 Lot Size 0.12 AC
Price Per AC $16,250,000.00
Price $1,950,000
Price Per AC $16,250,000.00
Lot Size 0.12 AC

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).

Walk Score®
Walker's Paradise (90)

PROPERTY TAXES

Parcel Number 4340-005-007 Improvements Assessment $0
Land Assessment $1,479,176 Total Assessment $1,479,176

PROPERTY TAXES

Parcel Number
4340-005-007
Land Assessment
$1,479,176
Improvements Assessment
$0
Total Assessment
$1,479,176

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ADDITIONAL PHOTOS

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  • Listing ID: 35608464

  • Date on Market: 4/23/2025

  • Last Updated: 5/14/2025

  • Address: 944 Hammond Street, West Hollywood, CA 90069