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Commercial Building with Parking | Hollywood 1110 N Gower St 2,133 SF Retail Building Los Angeles, CA 90038 $1,595,000 ($747.77/SF)



INVESTMENT HIGHLIGHTS
- Prime Hollywood Location at Santa Monica Blvd and Gower Street
- Ideal Owner-User or Investor Opportunity with C2 Zoning (Ideal for Studio, Storage, EV Charging Stations, and Parking)
- Adjacent Parcel Available (1116 N Gower St): Combine with Neighboring Lot for a Total of ±13,000 SF of Contiguous Land
- Vacant Commercial Building with Parking in Rear
- Easy Access to 101 Freeway, Metro Lines, and LA’s Major Commercial Corridors
- Surrounded by a Dynamic Mix of New Residential Developments and Hollywood’s Central Employment Hub
EXECUTIVE SUMMARY
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 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 C2-2D-CPIO 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. Potential uses may include EV charging stations, studios, storage, retail, office, and other professional uses.
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.
The property’s location benefits from the latest Hollywood Community Plan Update, with C2-2D-CPIO 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. Potential uses may include EV charging stations, studios, storage, retail, office, and other professional uses.
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 FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,133 SF
Building Class
B
Year Built
1910
Price
$1,595,000
Price Per SF
$747.77
Tenancy
Single
Building Height
1 Story
Building FAR
0.33
Lot Size
0.15 AC
Opportunity Zone
Yes
Zoning
LAC2 - Zoning: C2-2D-CPIO
Affordable Housing: Eligible for CHIPS (Citywide Housing Incentive Program), and ED1
TOC Tier 3 Designation
Opportunity Zone
Walk Score®
Walker's Paradise (92)
Bike Score®
Very Bikeable (79)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5534-016-014 | Improvements Assessment | $15,300 |
| Land Assessment | $1,106,700 | Total Assessment | $1,122,000 |
PROPERTY TAXES
Parcel Number
5534-016-014
Land Assessment
$1,106,700
Improvements Assessment
$15,300
Total Assessment
$1,122,000
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Commercial Building with Parking | Hollywood | 1110 N Gower St
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