Double-Lot Development Site | C2 Zoning 1110-1116 N Gower St Lot | Terrain commercial | 0,12 ha | À vendre | 2 583 756 € | Los Angeles, CA 90038

Compass Commercial is pleased to present 1110-1116 N Gower Street; a premier investment opportunity that blends the historic charm of Hollywood with modern development potential. As an ideal site for affordable housing, each parcel is zoned LA-C2 and features redevelopment potential via CHIPS (Citywide Housing Incentive Program Ordinance), and Executive Directive 1 (ED 1) while located within an Opportunity Zone with TOC Tier 3 Designation. The double-lot assemblage spans ±13,000 SF of land, and includes a ±2,133 SF 2-story commercial building, ±2,000 SF rear storage structure, and a ±2,040 SF triplex - all of which are vacant. This combination brings together residential and commercial utility in one highly adaptable location.
The properties are ideally located just north of the intersection of Santa Monica Blvd and Gower Street, near iconic landmarks including Sunset Gower Studios, Paramount Studios, The Hollywood Walk of Fame, and the iconic Hollywood Bowl. The location benefits from high visibility, with both increased pedestrian and vehicle traffic and excellent accessibility. The immediate access to the 101 Freeway, multiple Metro lines, and major east-west corridors, embeds this site in a transit-rich area supported by both residential and commercial activity.
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