1110-1116 N Gower St
Los Angeles, CA 90038
Rare Double-Lot Development Site | C2 Zoning · Land For Sale
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0.30 AC
Investment Highlights
- Prime Hollywood Location at Santa Monica Blvd and Gower Street
- Ideal for Affordable Housing or Townhomes/Condominiums: Eligible via CHIPS, ED1, and Within Opportunity Zone
- Easy Access to 101 Freeway, Metro Lines, and LA’s Major Commercial Corridors
- Double-Lot: ±13,000 SF with C2 Zoning | Prime for Studio, Storage, Parking, EV Charging Stations
- Vacant Triplex & Commercial Building
- Surrounded by a Dynamic Mix of New Residential Developments and Hollywood’s Central Employment Hub
Property Facts
Description
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 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.
Property Taxes
| Parcel Numbers | Improvements Assessment | $30,600 | |
| Land Assessment | $2,213,400 | Total Assessment | $2,244,000 |
Property Taxes
