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 is only a small structure on the lot. 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:
$1,249,000
MLS #:
CV25056481
Status:
Active
Baths:
0
Address:
1015 N Gower Street
Type:
Commercial
Subtype:
Retail
Neighborhood:
c20hollywood
City:
Los Angeles
Listed Date:
Mar 3, 2025
State:
CA
ZIP:
90038
Year Built:
1947
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Stories Total
1
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1015 N Gower Street
Los Angeles, CA
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