1116 N Gower St Los Angeles, CA 90038
Hollywood NeighborhoodEstimated payment $17,432/month
About This Lot
*This listing represents two (2) adjacent lots located at 1116 and 1110 N Gower St for a combined sale price of $2,995,000.* 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.__________________________________*Buyer to verify any and all accuracy of information.
Property Details
Property Type
- Land
Est. Annual Taxes
- $13,743
Lot Details
- 6,504 Sq Ft Lot
- Property is zoned LAC2
Listing and Financial Details
- Assessor Parcel Number 5534-016-015
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $13,743 | $1,122,000 | $1,106,700 | $15,300 |
| 2024 | $13,743 | $1,100,000 | $1,085,000 | $15,000 |
| 2023 | $21,769 | $1,769,131 | $1,758,410 | $10,721 |
| 2022 | $20,764 | $1,734,443 | $1,723,932 | $10,511 |
| 2021 | $20,514 | $1,700,435 | $1,690,130 | $10,305 |
| 2019 | $19,904 | $1,650,000 | $1,640,000 | $10,000 |
| 2018 | $2,607 | $186,134 | $145,994 | $40,140 |
| 2016 | $2,483 | $178,908 | $140,326 | $38,582 |
| 2015 | $2,451 | $176,222 | $138,219 | $38,003 |
| 2014 | $2,481 | $172,771 | $135,512 | $37,259 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/25/2025 08/25/25 | For Sale | $2,995,000 | +100.3% | -- |
| 08/25/2025 08/25/25 | For Sale | $1,495,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,500,000 | First American Title Insurance | |
| Grant Deed | $3,300,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Interfamily Deed Transfer | -- | Investors Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $43,000 | Southland Title Corporation | |
| Grant Deed | $42,500 | Southland Title Corporation | |
| Grant Deed | $42,500 | Southland Title Corporation |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $2,075,000 | Commercial | |
| Previous Owner | $7,000,000 | Commercial | |
| Previous Owner | $7,000,000 | Commercial | |
| Previous Owner | $305,800 | New Conventional |
Source: The MLS
MLS Number: 25583931
APN: 5534-016-015
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
- 1110 N Gower St
- 1140 N Beachwood Dr
- 1015 N Gower St
- 1200 Gordon St
- 1239 N Beachwood Dr
- 1243 N Beachwood Dr
- 1243 N Gower St
- 1239 Gordon St
- 6120 W Marbella Place
- 6067 W Studio Ct
- 1250 Gordon St
- 6154 Fountain Ave
- 5961 Fountain Ave
- 6132 Romaine St
- 6027 Barton Ave
- 5851 La Mirada Ave
- 901 N El Centro Ave
- 1120 N Van Ness Ave
- 954 N Van Ness Ave
- 5732 Lexington Ave
- 6020 W Beachwood Ln
- 6016 W Beachwood Ln
- 6067 Lexington Ave Unit A
- 1143 Lodi Place
- 6033 Eleanor Ave Unit 2
- 6033 Eleanor Ave
- 1240 Lodi Place Unit B
- 1240 Lodi Place Unit A
- 1240 Lodi Place
- 6222 Banner Ave
- 1006 N El Centro Ave
- 6010 Romaine St
- 6032 Romaine St Unit 4
- 6212 La Mirada Ave
- 6201 La Mirada Ave Unit 6
- 6133 Fountain Ave Unit 101
- 6136 Eleanor Ave
- 6142 Eleanor Ave Unit 2
- 5837 Virginia Ave
- 1332 Gordon St Unit 7