8501 Hedges Place
Los Angeles — 2bd / 2ba / 1,815 sf
Listing Agent: Roger Perry, Rodeo Realty
Bedrooms
3
Bathrooms
2
Square Feet
2,014
Status
Active
Listing Agent: Nicholas Sandler, The Agency
West Hollywood
About This Property
Positioned in the highly desirable Norma Triangle / West Hollywood neighborhood, just moments from Beverly Hills, this WDR3-zoned property presents an exceptional opportunity for developers and investors seeking a head start in one of LA's most sought-after markets. Significant preliminary work has already been completed, including a permitted foundation retrofit, a brand-new permitted roof, professional interior and exterior demolition, and comprehensive asbestos and lead abatement. The property has been cleared out, creating a blank canvas for the next phase of construction while saving the incoming owner valuable time on initial site preparation. An extensive architectural and engineering package is included, featuring plans for a single family main residence and ADU, structural calculations, an updated survey, as-built drawings, and a drainage plan. The property's WDR3 zoning and existing improvements offer the opportunity to explore multiple development strategies, including reconfiguring the existing structure, pursuing a multi-unit residential concept, or utilizing the included plans to explore a detached ADU above the garage. The previous tenants were voluntarily bought out through Cash for Keys agreements, and the property is not subject to an Ellis Act withdrawal. A compelling opportunity to build upon the work already completed and explore the potential of this premier West Hollywood location.
Neighborhood
This property is located in West Hollywood. Want to learn more about the area?
Explore CommunitiesAsking Price
$1,499,000
An agent at The Ave. will respond, not the listing agent.
Listing Agent
Nicholas Sandler
The Agency