944 Ogden Dr West Hollywood, CA 90046
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 944 Ogden Dr
- Property type
- Commercial real estate
- APN
- 5530-025-002
Description
This exceptional 6,500 square foot lot, located at 944 N Ogden Drive in West Hollywood, California (zip code 90046, APN 5530-025-002), is offered at $3,084,000 ($474.46/SF). Zoned WDR3C, this property presents a unique opportunity for residential development. The site is ideally suited for a luxury townhome project, with plans available for ten units (five 3-bedroom/3.5-bathroom and five 3-bedroom/2.5-bathroom units) totaling 13,215 square feet of rentable space. Subterranean parking is included in the plans. A comparable development directly north has already been successfully completed, demonstrating the high demand for this type of project in this location. The seller is offering flexible financing options to facilitate a smooth development process, catering to both experienced developers and emerging investors. This prime West Hollywood location boasts a Walk Score of 96, providing unparalleled access to the area's vibrant shops, restaurants, and entertainment. The property's proximity to iconic landmarks and nightlife further enhances its appeal. This is a truly remarkable opportunity to build in a highly desirable and sought-after area.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- West Hollywood
- County
- Los Angeles
- State
- California
- Longitude
- -118.3592462
- Latitude
- 34.0885018
