1000 N Gardner ST, West Hollywood, CA 90046
1000 N Gardner ST, West Hollywood, CA 90046
1000 N Gardner ST, West Hollywood, CA 90046
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Lucio Real Estate Group

Lucio Real Estate Group

+1(805) 512-0065
$1,150,000
Est. payment /mo
5,484 Sqft Lot
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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 26966193

HOA Y/N No

Lot Size 5,484 Sqft

Property Description

We are pleased to present 1000 N. Gardner Street, a lender-owned development opportunity situated on a vacant corner lot in one of West Hollywood's most desirable neighborhoods. The property sits on a 5,483-square-foot parcel zoned R3-B, offering an excellent opportunity for developers and investors to construct a four-unit luxury apartment or condominium project. The site previously carried approved plans for a four-unit, 6,939-square-foot building with 1,057 square feet of private balconies and a 4,568-square-foot subterranean garage. Although those plans have since expired, they establish a strong development precedent and confirm the site's design feasibility. Excavation and shoring were previously initiated, though given the time elapsed, portions may require reassessment or reconstruction prior to new development. The property may also qualify under SB 684, California's 2024 streamlining law that enables ministerial approval for small, for-sale infill projects with 10 or fewer units reducing entitlement timelines and adding flexibility for boutique condominium or townhome developers. Located within mile of major transit routes along Santa Monica Boulevard and Fairfax Avenue, the site also qualifies under AB 2097, which removes minimum parking requirements for new developments in transit-rich areas. This provision allows future ownership to design efficiently and reduce construction costs while maintaining marketable parking ratios if desired. The seller is committed to supporting a smooth development process and is offering favorable financing options, with terms that may vary based on the buyer's experience providing flexibility to seasoned builders and emerging developers alike. Ideally situated near Melrose Avenue and Santa Monica Boulevard, 1000 N Gardner enjoys a Walk Score of 93 ("Walker's Paradise"), surrounded by renowned restaurants, designer boutiques, and vibrant entertainment venues. The site's location, strong housing demand, and entitlement flexibility make it an exceptional West Hollywood infill opportunity.

Location

State CA

County Los Angeles

Area C10 - West Hollywood Vicinity

Zoning WDR3C*

Interior

Fireplace No

Exterior

View Y/N No

View None

Building

New Construction No

Others

Senior Community No

Tax ID 5531023012

Acceptable Financing Owner May Carry

Listing Terms Owner May Carry

Special Listing Condition Real Estate Owned

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Listed by Shara Parseghian Marcus & Millichap #01991749

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Lucio Real Estate Group
Lucio Real Estate Group

Broker Associate License ID: 01893011

+1(805) 512-0065

www.LucioRealEstate.com

1000 Town Center Dr #300, Oxnard, CA 93036, USA

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1000 N Gardner ST

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