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$1,250,000
26966193 MLS Active Status
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.

1000 N Gardner Street, West Hollywood

$1,500,000
PW26193552 MLS Active Status
Exceptional Development Opportunity with Highly Flexible Commercial Zoning Rare opportunity to acquire a strategically located development site offering exceptional zoning flexibility and a wide range of potential commercial and residential development possibilities. The property’s zoning allows for an extensive variety of commercial uses, creating opportunities for investors, developers, owner-users, and builders looking to capitalize on the continued growth of the Fontana area. A conceptual plan has already been prepared for a 36-unit multifamily development, consisting of spacious 1- and 2-bedroom apartments. Depending on the development program and applicable City approvals, a senior housing concept may potentially accommodate 70+ efficiency and one-bedroom units, providing another compelling development strategy. Development Highlights: • Conceptual plan for 36 multifamily units • Potential for 70+ senior housing units, subject to City approval • Flexible zoning supporting a broad range of commercial uses • Approximately 2 minutes from the 210 Freeway • Approximately 6 minutes from the 15 Freeway • Convenient access to the 10 Freeway • New residential development by D.R. Horton nearby • Strong potential for long-term rental income or future disposition upon completion Newly constructed residential units may also qualify for an exemption from certain California rent-cap provisions for a period following construction, subject to applicable law and qualification requirements. The conceptual 36-unit project offers the potential to create a substantial income-producing asset in a growing Inland Empire market. Based on the eventual project design, rents, construction costs, market conditions, and capitalization rates, the completed development could represent significant long-term value. Multiple development strategies. Excellent freeway access. Flexible zoning. Strong surrounding growth. All development concepts, unit counts, permitted uses, zoning, rent-control exemptions, valuations, and other development information should be independently verified with the City of Fontana Planning Department and other appropriate agencies. Conceptual plans are not representations of final City approval. For additional information, conceptual plans, zoning information, or property details, please contact the listing broker.

16227 Baseline Avenue, Fontana

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.

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