Property Detail

1015 Gower

Los Angeles CA 90038

$1,249,000

Status: Active

Property Details

Description

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.

Map Location

Listing provided courtesy of Stephen Shiu of STEPHEN SHIU, BROKER. Last updated 2025-05-07 09:18:22.000000. Listing information © 2025 SANDICOR.

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Mark Marquez

Mark Marquez

CA DRE# 01232386

Real estate Realtors https://www.zillow.com/profile/MarkMarquezCIPS