947 N Genesee Avenue, West Hollywood, CA 90046
Local realty services provided by:ERA North Orange County Real Estate
947 N Genesee Avenue,West Hollywood, CA 90046
$1,950,000
- 0.15 Acres
- Lots / Land
- Active
Listed by: shara parseghian
Office: marcus & millichap
MLS#:25610759
Source:CRMLS
Price summary
- Price:$1,950,000
About this home
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....
Contact an agent
Home facts
- Listing ID #:25610759
- Added:149 day(s) ago
- Updated:March 23, 2026 at 01:18 PM
Structure and exterior
- Lot area:0.15 Acres
Finances and disclosures
- Price:$1,950,000
New listings near 947 N Genesee Avenue
- New
$1,200,000Active2 beds 3 baths1,150 sq. ft.1152 N La Cienega Boulevard #201, West Hollywood, CA 90069
MLS# 26667165Listed by: REVEL REAL ESTATE - Open Tue, 11am to 2pmNew
$889,000Active2 beds 2 baths1,202 sq. ft.1351 N Crescent Heights Boulevard #116, West Hollywood, CA 90046
MLS# 26666381Listed by: NOURMAND & ASSOCIATES-BH - New
$879,000Active1 beds 1 baths862 sq. ft.728 N Sweetzer Avenue #112, West Hollywood, CA 90069
MLS# 26666937Listed by: COMPASS - Open Tue, 11am to 2pmNew
$1,395,000Active2 beds 2 baths1,507 sq. ft.818 N Doheny #308, West Hollywood, CA 90069
MLS# OC26054658Listed by: DALTON REAL ESTATE - New
$675,000Active1 beds 1 baths679 sq. ft.999 N Doheny Drive #602, West Hollywood, CA 90069
MLS# 26651791Listed by: COLDWELL BANKER REALTY - Open Tue, 11am to 2pmNew
$2,899,000Active4 beds 4 baths2,317 sq. ft.1308 N Ogden Drive, West Hollywood, CA 90046
MLS# 26662021Listed by: COMPASS - New
$1,149,000Active2 beds 2 baths1,408 sq. ft.1015 N Kings Road #301, West Hollywood, CA 90069
MLS# 26665335Listed by: COMPASS - New
$255,000Active1 beds 1 baths728 sq. ft.960 Larrabee Street #321, West Hollywood, CA 90069
MLS# 26664881Listed by: NDA INC - New
$530,000Active1 beds 1 baths664 sq. ft.750 N Kings Road #217, West Hollywood, CA 90069
MLS# 26665779Listed by: EXP REALTY OF GREATER LOS ANGELES - New
$850,000Active2 beds 2 baths1,488 sq. ft.1121 N Olive Drive #211, West Hollywood, CA 90069
MLS# DW26056941Listed by: THE AVE