1015 Gower Street
Los Angeles, CA 90038
$1,249,000
For Sale
Local Information
About this home
Developers delight! This C-2 zoned corner parcel of land is in the heart of Hollywood with additional access to the property through the alley. Multiple uses and significant residential density is allowed by right. This residential density is increased as a Tier 3 Transit Oriented Community. The lot is currently occupied by a commercial tenant on a month to month lease at $5,200 so you can collect rent as you go through entitlements. The lease can be terminated easily should that be the intent of the buyer. Even demolition costs will be minimal since there are two small structures on the corners of the lot (408 SF and 840 SF). Surrounding this lot are views of the Hollywood sign, Paramount Studios, Raleigh Studios, Hollywood Forever, and other Hollywood and adjacent Larchmont Village attractions. 91 Walk Score. This is the lot you've been looking for.
Home Highlights
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None
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$193
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2 months ago
Home Details for 1015, Gower Street
Interior Features
Exterior Features
Parking & Garage
- Garage: No Garage
Pool & Views
- Private Pool: No Private Pool
- Views: Greenbelt
Water & Sewer
- Water Source: Public
Property Information
Property Information
- Parcel Number: 5534023001
- Lot Size (sq ft): 6,503
Property Type & Style
- Type: Land
- Subtype: Unimproved Land
Location
- Directions: Just south of Santa Monica Blvd
Listing Attribution
- Agent Name: Stephen Shiu
- Brokerage: STEPHEN SHIU, BROKER
- Contact: 213-785-7631
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