We are pleased to present 944 N Ogden Dr and 947 N Genesee Ave, two vacant R3-B zoned parcels totaling approximately 13,000 square feet in a highly sought-after West Hollywood location. Situated just off Melrose Avenue and North Fairfax, these contiguous lots offer an outstanding opportunity for a boutique luxury condominium or multifamily redevelopment in one of Los Angeles' strongest infill markets. Each parcel is approximately 6,500 square feet and zoned R3 (Multi-Family Medium Density). The properties may be purchased individually or together, providing flexibility for developers pursuing smaller infill projects or a larger, combined assembly. The two parcels were previously approved together for a 10-unit luxury townhome condominium project, confirming entitlement feasibility and establishing a clear precedent for future development. Combined, the sites offer by-right potential for 16 units, and up to 34 units under AB 1287, which provides an additional 50% density bonus for projects that include both low- and moderate-income housing. Located within a half-mile of major public transit, the sites also qualify under AB 2097, which eliminates parking minimums for new developments in transit-rich areas significantly reducing construction costs and design constraints. Additionally, the parcels may qualify for streamlined, ministerial approval under SB 684, California's 2024 legislation that expedites small, for-sale infill projects with 10 or fewer units. The seller is open to providing attractive financing to qualified developers, including potential below-market, interest-only bridge terms, offering a rare opportunity to maximize leverage and returns during the entitlement and pre-construction phases.

Listing courtesy of Sevak Keshishian of Marcus & Millichap

Based on information from the The MLS as of 2025-10-25 04:31 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.