Los Angeles, CA90038
| MLS# 25583931
Tract:
For Sale $2,995,000
Description
*This listing represents two (2) adjacent lots located at 1116 and 1110 N Gower St for a combined sale price of $2,995,000.* Compass Commercial is pleased to present 1110-1116 N Gower Street; a premier investment opportunity that blends the historic charm of Hollywood with modern development potential. As an ideal site for affordable housing, each parcel is zoned LA-C2 and features redevelopment potential via CHIPS (Citywide Housing Incentive Program Ordinance), and Executive Directive 1 (ED 1) while located within an Opportunity Zone with TOC Tier 3 Designation. The double-lot assemblage spans 13,000 SF of land, and includes a 2,133 SF 2-story commercial building, 2,000 SF rear storage structure, and a 2,040 SF triplex - all of which are vacant. This combination brings together residential and commercial utility in one highly adaptable location.The properties are 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.__________________________________*Buyer to verify any and all accuracy of information.
Facts
| Built in | Lot Size: 6504.00 sqft | HOA Dues: $0/month
Features
Listing provided by Oliver Ghadoushi, Compass
Based on information from California Regional Multiple Listing Service, Inc. as of August 27, 2025. 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.
