1000 N Gardner St , West Hollywood, CA 90046
$1,250,000
Est. Payment: $6,620.82/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 8
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CLW-X75151 - CLW-C145737
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House 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.

Highlights

Listed by Shara Parseghian , 818-292-2692 Marcus & Millichap , 818-212-2700. CRMLS/Multi-Regional MLS mls logo

Property Type

Vacant Land

Lot/Acreage
0.13

County

Los Angeles

Area

C10 - West Hollywood Vicinity

Listing ID

26966193

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:0

Exterior Features

Lot:No Land Lease
Lot Dimensions:107x50
Garage Capacity:0
Zoning:WDR3C*
Principal Interest
$6,621
Taxes
$797

Home Price

$1,250,000

Loan Details

30 yrs
6.952%

Down Payment

20%
$250,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,620.82

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,620.82 $796.88 $0.00 $7,417.69
Yearly $79,449.84 $9,562.50 $0.00 $89,012.34
Total $2,383,495.05 $286,875.00 $0.00 $2,670,370.05

Today's Rates

30 Year

6.95%

20 Year

6.73%

15 Year

6.35%

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Market insight data is pulled from the same city as the listing being viewed (West Hollywood, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T13:02:28.000Z

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