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8117 Norton Avenue — photo 1
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Lot Size

7,628 sf

Status

Active

Listing Agent: Michael Maguire, Compass

West Hollywood

8117 Norton Avenue

About This Property

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.

Neighborhood

This property is located in West Hollywood. Want to learn more about the area?

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Asking Price

$2,195,000

Est. Monthly Payment

$14,026/mo

20% down · 6.5% rate · 30yr

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Listing Agent

Michael Maguire

Compass