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    1116 N Gower St Los Angeles, CA 90038

    For Sale
    $1,495,000

    MULTI_FAMILY - Los Angeles, CA

    Lot size:
    0.15 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 14 at 2:06 pm

    Property Features for 1116 N Gower St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    LAC2
    Rooms
    Bathroom 3, Bathroom 2, Bathroom 1
    Bathrooms
    3
    APN
    5534-016-015
    Parking
    8
    Parking features
    Covered
    Lot size
    0.15 Acres

    Building Details

    Floors in Building
    2
    Number of units
    3

    Compass

    Listing agent Oliver Ghadoushi (310) 230-5478 License #01973061

    Listing date Nov 26, 2025

    Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hollywood Triplex Redevelopment Opportunity

    Located in the heart of Hollywood, 1116 N Gower Street presents a repositioning and development opportunity. The existing 2,040-square-foot triplex is situated on a 6,500-square-foot lot and includes two 2-bedroom units and one 1-bedroom unit. The adjacent property at 1110 N Gower Street is also available for sale, creating a combined 13,000 total SF of contiguous land suitable for redevelopment. The property will be delivered vacant at close of escrow, enabling remodeling and lease-up of the existing 3-unit building, as well as the construction of two ADUs in the rear (buyer to verify). The property's location benefits from the Hollywood Community Plan Update, with C2 zoning, allowing for residential, mixed-use, and commercial development opportunities. The property is 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 and accessibility, with increased pedestrian and vehicle traffic. Immediate access to the 101 Freeway, multiple Metro lines, and major east-west corridors supports both residential and commercial activity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.321937
    Latitude
    34.09134

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    FAQs

    What type of property is this?
    Triplex - Vacant triplex on a 6,500 SF lot in Hollywood.
    Where is this triplex located?
    The property is located at 1116 N Gower St Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $1,495,000.
    What are key features of this property?
    This property features: - Prime Hollywood location with C2 zoning, ideal for residential, mixed-use, and commercial development.; - Vacant 2,040 SF triplex on a 6,500 SF lot, delivered vacant.; - Opportunity to construct two (2) ADUs in the rear (buyer to verify).
    (310) 230-5478
    Request Owner's contact information
    1116 N Gower St Los Angeles, CA 90038
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    Los Angeles, CA 90038
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1116 N Gower St Los Angeles, CA 90038
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