1116 N Gower Street, Los Angeles, CA 90038
Local realty services provided by:ERA Carlile Realty Group
1116 N Gower Street,Los Angeles, CA 90038
$1,495,000
- - Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:oliver ghadoushi
Office:compass
MLS#:25583865
Source:CRMLS
Price summary
- Price:$1,495,000
About this home
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.
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Home facts
- Listing ID #:25583865
- Added:35 day(s) ago
- Updated:September 26, 2025 at 10:31 AM
Rooms and interior
- Total bathrooms:3
Structure and exterior
- Lot area:0.15 Acres
Finances and disclosures
- Price:$1,495,000
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