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1000 N Gardner St

0.12 Acres of Residential Land Offered at £1,743,299 in West Hollywood, CA 90046

Investment Highlights

  • Corner Lot
  • Walk Score of 93
  • Easy access to a variety of dining and retail amenities
  • Prime West Hollywood Location
  • Seller Financing Available

Executive Summary

Marcus & Millichap is pleased to present present a vacant corner lot located at 1000 N Gardner Street in the vibrant city of West Hollywood. The subject property sits on a 5,350 square foot lot with WDR3C zoning, making it an ideal opportunity for developers and investors to construct a 4-Unit apartment building. Original plans called for a 6,939 square foot building with 1,057 square foot balconies and 4,568 square foot subterranean parking garage. Previous owner started excavation and shoring.

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 offers a robust demand for high-end residential units and provides residents with unmatched convenience. Nestled among eclectic shops, top-tier dining options, and vibrant entertainment venues, this site ensures a lifestyle filled with luxury and convenience. Proximity to iconic West Hollywood landmarks and the dynamic nightlife scene further enhances the appeal of this exceptional development opportunity.

Property Facts

Price £1,743,299
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.12 AC

1 Lot Available

Lot

Price £1,743,299
Price Per AC £14,194,047
Lot Size 0.12 AC

5,350 square foot vacant lot

Description

Marcus & Millichap is present a vacant corner lot located at 1000 N Gardner Street in the vibrant city of West Hollywood. The subject property sits on a 5,350 square foot lot with WDR3C zoning, making it an ideal opportunity for developers and investors to construct a 4-Unit apartment building. 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 offers a robust demand for high-end residential units and provides residents with unmatched convenience. Nestled among eclectic shops, top-tier dining options, and vibrant entertainment venues, this site ensures a lifestyle filled with luxury and convenience. Proximity to iconic West Hollywood landmarks and the dynamic nightlife scene further enhances the appeal of this exceptional development opportunity.

Walk Score ®
Walker's Paradise (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5531-023-012
Land Assessment
£921,023
Improvements Assessment
£184,387
Total Assessment
£1,105,411

zoning

Zoning Code WDR3C
WDR3C
  • Listing ID: 31878487

  • Date on Market: 21/05/2024

  • Last Updated:

  • Address: 1000 N Gardner St, West Hollywood, CA 90046

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