8117 Norton Avenue, West Hollywood, CA 90046

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List Price
$2,195,000
Status
ACTIVE
MLS#
26994831
Lot Size
7,628
Acres
0.18
Days on Market
1
Property Type
Land

Property Description

Situated in the heart of West Hollywood, 8117 Norton Avenue presents a rare 7,628-square-foot, R4A-zoned high-density residential development site. Located just north of Santa Monica Boulevard and moments from Beverly Hills and the Sunset Strip, the property offers exceptional walkability with a Walk Score of approximately 95, along with convenient access to transit, dining, retail and some of West Hollywood's most established destinations. The property is also positioned near the continued evolution of Santa Monica Boulevard, including the newly opened Laurel Supply at 8445 Santa Monica. The unoccupied site offers a range of potential development opportunities, including a single-family residence, townhomes or a larger multifamily project, subject to applicable zoning, development standards and approvals. Depending on the proposed project and its eligibility, California State Density Bonus Law may provide opportunities for additional density, height, incentives, concessions and/or waivers beyond base zoning requirements. Buyer to independently verify all development potential. Qualifying projects may also benefit from reduced or eliminated minimum automobile parking requirements under AB 2097 if applicable transit-proximity and other statutory requirements are satisfied. Buyer to verify. As an unoccupied development site, the property presents an opportunity to pursue new construction without tenant relocation, subject to confirmation of existing site conditions. 8117 Norton Avenue represents a rare opportunity to acquire a substantial high-density residential development site in one of West Hollywood's most walkable and centrally located neighborhoods.

Additional Information

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None
Sewer
Other
Attached Structure
Detached

Listing courtesy of Listing Agent: Michael Maguire (michaelm@compass.com) from Listing Office: Compass.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.