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.
Property Details
Price:
$1,199,000
MLS #:
CV25056921
Status:
Active
Beds:
0
Baths:
1
Address:
1015 N Gower Street
Type:
Single Family
Subtype:
Commercial/Residential
Neighborhood:
c20hollywood
City:
Los Angeles
Listed Date:
Mar 3, 2025
State:
CA
Finished Sq Ft:
1,248
ZIP:
90038
Lot Size:
6,503 sqft / 0.15 acres (approx)
Year Built:
1947
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Schools
School District:
Los Angeles Unified
Interior
Cooling
None
Fireplace Features
None
Exterior
Community Features
Park
Garage Spaces
0.00
Lot Features
Corner Lot
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
View
Park/ Greenbelt
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address1015 N Gower Street Los Angeles CA
- AreaC20 – Hollywood
- CityLos Angeles
- CountyLos Angeles
- Zip Code90038
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1015 N Gower Street
Los Angeles, CA
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