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$2,795,000   Price Analysis
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944 Hammond St
West Hollywood, CA 90069
Unknown bed 0 bath unknown SqFt ($0/SqFt)
5,246SqFt lot.
Listed 2024-06-19, Taxes $16,508
Ⓧ USDA Ineligible
due to property

near West Hollywood

Introducing a rare opportunity in the heart of West Hollywood's coveted Norma Triangle

944 Hammond Street presents a rare 5, 246 square foot High-Density R4B lot, widely acknowldged as one of the premier locations in the area. This vacant and unoccupied property boasts immense potential, offering investors the chance to capitalize on one of the most sought-after locations in the market. With the possibility of commanding views of Downtown LA, the Hollywood Hills and Century City, the property offers a unique vantage point for future development. Strategically positioned blocks away from Beverly Hills and North Doheny Drive, the property enjoys outstanding walkability, boasting an impressive walk score of 91 out of 100. Additionally, its close proximity to transit and public transportation enhances its accessibility, while its prime location places residents within steps of some of West Hollywood's finest dining establishments, commercial hubs and hospitality venues, such as The Edition West Hollywood, The London Hotel and a series of new hotels underway on Sunset Boulevard.

One of the most compelling features of this property is its advantageous zoning, which permits up to 12 residential units and possibly up to 6 floors under the Density Bonus Law (Buyer to verify). Moreover, it benefits from the approved Assembly Bill 1287 State Density Bonus Law, providing further flexibility for development possibilities (Buyer to verify). Notably, there is potential to alleviate parking requirements through the approved Assembly Bill 2097, streamlining the development process (Buyer to verify). Not subject to Rent Control if developed into rental housing and with no replacement units required, this property presents a lucrative investment opportunity for developers and investors alike (Buyer to verify). Renderings provided are for inspirational purposes and do not represent approved plans. Do not miss the opportunity to secure this prime high-density development site in one of West Hollywood's most desirable neighborhoods.


Presented by Michael Maguire at
COMPASS.


Property MLS #24-394493 from TheMLSCLAW

Water Features: In Street

Lot Description: Single Lot
Lot Size Acres: 0.1204316
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 5246

Site Information: City

View: City, City Lights, Hills

Association: No
Calculated Total Monthly Association Fees: 0

Existing Lease Type: Fee

Source Listing Status: Active
County: Los Angeles
Directions: Sunset Blvd to Hammond
Source Property Type: Land
Area: West Hollywood Vicinity
Source Neighborhood: West Hollywood Vicinity
Parcel Number: 4340-005-007
Postal Code Plus 4: 4407
Zoning: WDR4
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $1,421,739
$1,421,739
$16,508
2021$unknown + $1,393,862
$1,393,862
$16,334
2020$unknown + $1,379,570
$1,379,570
$16,485
2019$unknown + $675,588
$675,588
$7,967
2018$unknown + $662,342
$662,342
$7,876
2017$unknown + $649,355
$649,355
$7,714
2016$unknown + $636,623
$636,623
$7,556
2015$unknown + $627,061
$627,061
$7,433
2014$unknown + $614,778
$614,778
$7,669
2013$unknown + $612,000
$612,000
$7,650
2012$345 + $127,447
$127,792
$1,879
2010$339 + $124,949
$125,288
$1,857
2009$338 + $124,311
$124,649
$1,781
2009$337 + $124,016
$124,353
$1,781
2008$332 + $121,874
$122,206
$1,711
2007$326 + $119,485
$119,811
$1,652

Listed 2024-06-19
$2,795,000
TheMLSCLAW
Listing removed 2018-10-19
$990,000
CRISNET
Listing removed 2018-10-19
$990,000
CRISNET
Listing removed 2012-06-28
$675,000
TheMLSCLAW
Sold 2012-06-26
$600,000
TheMLSCLAW
Relisted 2012-03-23
$675,000
TheMLSCLAW
Listing removed 2012-03-22
$675,000
TheMLSCLAW
Relisted 2012-02-16
$675,000
TheMLSCLAW
Listing removed 2012-02-01
$675,000
TheMLSCLAW
Price Changed 2011-09-28
$675,000
TheMLSCLAW
Listed 2011-08-01
$735,000
TheMLSCLAW
Listing removed 2011-02-01
$990,000
CRISNET
Listing removed 2011-02-01
$990,000
CRISNET
Listing removed 2011-01-20
$990,000
SoCalMLS
Listing removed 2011-01-20
$990,000
SoCalMLS
Listing removed 2011-01-20
$990,000
CRMLS
Listing removed 2011-01-20
$990,000
CRMLS
Listed 2011-01-18
$990,000
CRMLS
Listed 2011-01-18
$990,000
CRMLS
Price Changed 2010-11-18
$990,000
SoCalMLS
Price Changed 2010-09-07
$990,000
SoCalMLS
Listed 2010-04-27
$990,000
CRISNET
Listed 2010-04-27
$990,000
CRISNET
Listed 2010-04-27
$1,200,000
SoCalMLS
Listed 2010-04-27
$1,200,000
SoCalMLS
Sold 1977-05-03
$69,500
Public Record

Sewer: In Street

West Hollywood Elementary School is a public elementary school located approximately 0 miles away.
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Fairfax Senior High School is a public high school located approximately 1.6 miles away.
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Hubert Howe Bancroft Middle School is a public middle school located approximately 2.9 miles away.
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Pacific Hills School is a private middle and high school located approximately 0.4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.