Description
Compass is pleased to present 1110 N Gower Street, a prime repositioning and development opportunity located in the heart of Hollywood. The existing 2,133-square-foot commercial building is situated on a 6,500-square-foot lot. The adjacent property (triplex) at 1116 N Gower Street is also available for sale, creating a rare offering of 13,000 total SF of contiguous land for development.The property's location benefits from the latest Hollywood Community Plan Update, with C2 zoning, allowing for a variety of development routes including residential, mixed-use, and commercial. Delivered vacant at close of escrow, the property enables an owner-user/investor to remodel, lease-up the existing building alongside the parking lot. This is a rare opportunity to acquire a Hollywood commercial building, 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. *Buyer to verify any and all accuracy of information.
Property Details
- CountyLos Angeles
- Original List Price$1,595,000
- Property TypePurchase
- MLS #25583905
- MLS #25583905
- Cost1595000
- Acres0.1493
- Property SubtypeLand
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Oliver Ghadoushi (#CLW-C128305)
Listing Office: Compass (#CLW-X81461)

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