947 Genesee AveWest Hollywood, CA 90046

Property Details for 947 Genesee Ave

Property type

Residential income properties

Property subtype

Other land

Description

This exceptional 6,500 square foot lot, located at 947 N Genesee Ave in West Hollywood, California (zip code 90046, APN 5530-025-021), is zoned WDR3C and offers a unique opportunity for residential development. Priced at $3,135,000 ($482.30/SF), this property presents a compelling investment prospect. The site is ready for the construction of ten luxury townhome units, mirroring a successful neighboring development. Plans include five 3-bedroom/3.5-bathroom units and five 3-bedroom/2.5-bathroom units, totaling 13,215 square feet of rentable space. Subterranean parking will be included, providing ample resident parking. The property boasts a Walk Score of 96, placing it within easy walking distance of West Hollywood's vibrant shops, restaurants, and entertainment venues. The seller is offering flexible financing options to facilitate a smooth development process, making this an attractive opportunity for both experienced and emerging developers. This prime West Hollywood location ensures high demand for the proposed luxury townhomes, promising a strong return on investment. The property's convenient location and the proven success of similar projects in the immediate vicinity make this a truly exceptional development opportunity.

Location Insight

City

West Hollywood

County

Los Angeles

State

California

Latitude

34.0885

Longitude

-118.359

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].