947 North Genesee Avenue

West Hollywood, CA 90046

$3,035,000
Price
6,500 / 0.15
Lot Size / Acres

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...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 residential units but also 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.
  1. Listed by Sevak Keshishian • DRE #01887505 • Brokerage DRE #01238010 • Marcus & Millichap

Property Details for 947 North Genesee Avenue

Zoning
WDR3C*
Parcel Number
5530025021
Area
West Hollywood Vicinity (C10)
Lot Size Area
6500
Source Lot Size Area
Assessor
Assessor Parcel Number
5530-025-021
Directions
Head north on North Fairfax Avenue and turn right onto Romaine Street, then turn right onto North Genesee Avenue. The subject property is located in-between Romain Street and Willoughby Avenue.
LISTING UPDATED: 11/20/2024 05:35 PM

Property Details for 947 North Genesee Avenue

StatusActive
MLS #24-394239
Days on Market181
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.15 AC
CountyLos Angeles County

Building Information for 947 North Genesee Avenue

Lot Size0.15 AC

Property Information for 947 North Genesee Avenue

Community / Development
Community / Development
  • Senior Community: No
Structure Info
Structure Info
  • View: No
  • View Description: None
  • View: None
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Special Zoning: None
  • Lot Acreage: 0.149
  • Lot Size Square Feet: 6500
  • Lot Size Dimensions: 50x130
  • Source Lot Size Dimensions: Vendor Enhanced
  • Telephone: 0.0
  • Cable: 0.0
Parking Details
Parking Details
  • Total Parking: 0
Exterior Features
Exterior Features
  • New Construction: No
Lease Terms
Lease Terms
  • Entry Date: 05-20-2024

Property History for 947 North Genesee Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 947 North Genesee Avenue

Taxable ValueLand$1,296,109Additions-Total$1,296,109
Tax Record2024$16,497 ($1,375 / month)
Home Facts
Beds2Total Finished SqFt1,086 SqFtAbove Grade Finished SqFt1,086 SqFtStories1Lot Size6,490 SqFtStyleSingle Family ResidenceYear Built1920ZoningWDR3C*CountyLOS ANGELESAPN5530-025-021

Schools near 947 North Genesee Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Laurel Elementary School
Public - K to 8
Fairfax Senior High School
Public - 9 to 12
West Hollywood Opportunity School
Public - 7 to 12
Whitman Continuation School
Public - 9 to 12
Rating
School
Distance
Laurel Elementary School
PublicK to 8

Fairfax Senior High School
Public9 to 12

West Hollywood Opportunity School
Public7 to 12

Whitman Continuation School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 947 North Genesee Avenue, West Hollywood, CA 90046

947 North Genesee Avenue is a 0.15 ac of land for sale in West Hollywood, CA 90046. This property was listed for sale on May 20, 2024 by Marcus & Millichap, it's currently listed at $3,035,000. It has been on the market for a total of 181 days and was last sold on January 6, 2015. This listing's school district is Los Angeles Unified School District. Nearby schools include Laurel Elementary School, Fairfax Senior High School and West Hollywood Opportunity School. 947 North Genesee Avenue is a 0-bed, 0-bath, 0.15 ac of land on a 6,500 sq. ft. / 0.15 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Sevak Keshishian, DRE #01887505

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.