5-Unit Multifamily
New
For Sale
$3,195,000
1255 N Gower ST, Los Angeles, CA 90038
Two buildings provide a mix of three- and two-bedroom residences with balconies and in-unit laundry.
Property Size6,091 SF
Price / SF$524.54
Days on Market3
Property Features for 1255 N Gower ST
General Information
Standard status
Active
Size
6,091 SF
Total Parking Spaces
8
Property subtype
MULTI_FAMILY
Occupancy
100%
Financials
Asking Price
$3,195,000
Cap Rate
5.4%
Units
Unit Mix
4 x 3BR, 1 x 2BR
Multifamily Units
5
Additional Details
Utilities to Site
Yes
Amenities
stainless steel appliances
central HVAC
in-unit laundry
balconies
Building Details
Building Size
6,091 SF
Year Built
2021
Buildings
2
Construction
modern architecture
Listing Agency:
Myunits.com Inc.
Listed By:
Cheyenne Womack · License #02064825
(805) 973-7470
Source:
Rochellemaize
Added: Oct 11
Changed: Oct 13
Last Checked: Oct 12 at 8:38PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Myunits.com Inc.
Investment Insights
Based on property information with market context.
Built in 2021, this 5-unit apartment property comprises two buildings totaling approximately 6,091 square feet. The unit mix includes four 3-bedroom residences and one 2-bedroom residence. Each apartment has stainless steel appliances, central HVAC, in-unit laundry, modern finishes, and a balcony. Utilities are separately metered, and the property has eight on-site parking spaces.
All five residences are leased. The property is near Larchmont Village, Melrose Avenue, Santa Monica Boulevard, and Hollywood Boulevard, as well as Paramount Pictures, Sunset Gower Studios, and Netflix.
All five residences are leased. The property is near Larchmont Village, Melrose Avenue, Santa Monica Boulevard, and Hollywood Boulevard, as well as Paramount Pictures, Sunset Gower Studios, and Netflix.
Key Highlights
- Five apartments across two buildings, totaling approximately 6,091 square feet
- Unit mix includes four 3‑bedroom residences and one 2‑bedroom residence
- Built in 2021; all five units are leased
Property Analytics
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Current Use
Lease Details
5
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
5,851
Businesses Nearby
Explore this area
Business Placement
Demographics for 90038, CA
27,414
Population
14,998
Households
1.8
Avg Household Size
36
Median Age
41%
College-Educated
76%
High-School Grad
1.5 sq mi
ZIP Area
18,276
Density / Sq Mi
$61,566
Median Household Income
$36,844
Median Earnings
$1,764
Median Rent
$1,089,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Two buildings provide a mix of three- and two-bedroom residences with balconies and in-unit laundry.
Where is this apartment building located?
The property is located at 1255 N Gower ST Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,195,000.
What are key features of this property?
This property features: Five apartments across two buildings, totaling approximately 6,091 square feet; Unit mix includes four 3‑bedroom residences and one 2‑bedroom residence; Built in 2021; all five units are leased
