$1,249,000
For Sale

1015 N Gower Street

Los Angeles, CA 90038
400 sqft | 0.15 acres | #CV25056921
Listing OfficeSTEPHEN SHIU, BROKER
Browse 9 photos
Type:Purchase
Structure:Commercial
Zone:Residential

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 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
      • School DistrictLos Angeles Unified
      • ViewParkGreenbelt
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$1,249,000
      • MLS #CV25056921
      • MLS #CV25056921
      • Lot DescriptionCornerLot
      • Property TypePurchase
      • Property SubtypeMixedUse
      • Structure TypeMixedUse
      • Cost1249000
      • Acres0.1493
      • Utility SourcePublic
      • Year Built1947
      • Square Feet400
      • Half Baths1
      • Stories1

Location

Augie MendozaReal Estate Group
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