1116 N Gower St Los Angeles, CA 90038

This listing features two adjacent lots at 1116 and 1110 N Gower Street, offered at a combined sale price. The properties, zoned LA-C2, present a premier investment opportunity that blends the historic charm of Hollywood with modern development potential. The double-lot assemblage spans 13,000 square feet of land and includes a 2,133 square foot 2-story commercial building, a 2,000 square foot rear storage structure, and a 2,040 square foot triplex. All structures are currently vacant. The site is an ideal location for affordable housing 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. This combination brings together residential and commercial utility in one highly adaptable location. The properties are located just north of the intersection of Santa Monica Blvd and Gower Street, near Sunset Gower Studios, Paramount Studios, The Hollywood Walk of Fame, and the Hollywood Bowl. The location benefits from high visibility, with increased pedestrian and vehicle traffic and excellent accessibility. 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. The lot size is approximately 0.1494 acres.