1116 N Gower Street, Los Angeles, CA 90038
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
1116 N Gower Street,Los Angeles, CA 90038
$2,995,000
- 0.15 Acres
- Lots / Land
- Active
Listed by: oliver ghadoushi
Office: compass
MLS#:CL25583931
Source:CA_BRIDGEMLS
Price summary
- Price:$2,995,000
About this home
*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-wes
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Home facts
- Listing ID #:CL25583931
- Added:88 day(s) ago
- Updated:November 26, 2025 at 11:19 AM
Structure and exterior
- Lot area:0.15 Acres
Finances and disclosures
- Price:$2,995,000
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