$1,495,000

1116 N Gower Street, Los Angeles, CA 90038

  • 3 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon6,504sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Compass is pleased to present 1116 N Gower Street, a prime repositioning and development opportunity located in the heart of Hollywood. The existing 2,040-square-foot triplex includes two 2-bedroom units, and one 1-bedroom unit situated on a 6,500-square-foot lot. The adjacent property at 1110 N Gower Street is also available for sale, creating a rare offering of 13,000 total SF of contiguous land for redevelopment for various types of housing, including affordable housing. Delivered vacant at close of escrow, the property enables an owner-user/investor to remodel and lease-up the existing 3-unit building as well as construct two (2) ADU's in the rear (buyer to verify). The property's location benefits from the latest Hollywood Community Plan Update, with C2 zoning, allowing for a variety of development opportunities including residential, mixed-use, and commercial. This is a rare opportunity to acquire a vacant triplex, and optionally a sizable development site in one of Los Angeles' most iconic and evolving neighborhoods.The property is ideally located just north of the intersection of Santa Monica Blvd and Gower Street, near iconic landmarks including Sunset Gower Studios, Paramount Studios, The Hollywood Walk of Fame, and the iconic Hollywood Bowl. The location benefits from high visibility, with both increased pedestrian and vehicle traffic and excellent accessibility. The immediate access to the 101 Freeway, multiple Metro lines, and major east-west corridors, embeds this site in a transit-rich area supported by both residential and commercial activity.

Listing Status:
Active
Date Added:
August 25, 2025 at 05:00AM
Listing Office:
Compass : 310-230-5478
Listing Agent:
Oliver Ghadoushi : 323-302-8282
MLS ID:
25583865
  • A/C: None
  • Heating: None
  • Parking: UncoveredParking spaces: 8
  • General: 2
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: LAC25534016015
  • View: None
  • Source: CRMLS_CL

This listing courtesy of Oliver Ghadoushi, Compass

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Hollywood Primary Center

1115 Tamarind Ave, Los Angeles, CA, 90038

Grades KG-3

0.16 miles away

J

Joseph Le Conte Middle School

1316 N Bronson Ave, Los Angeles, CA, 90028

Grades 6-8

0.35 miles away

R

Richard A. Alonzo Community Day

5755 Fountain Ave, Los Angeles, CA, 90028

Grades 7-12

0.46 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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