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5-Unit Modern Apartment Building
New
For Sale
$3,195,000

1255 N Gower Street, Los Angeles, CA 90038

Los Angeles, CA

Property Size6,091 SF
Lot Size0.15 Acres
Price / SF$524.54
Days on Market3

Property Features for 1255 N Gower Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 14
Bathrooms 17
Full bathrooms 17
Rooms Bathroom 15, Bathroom 8, Bedroom 9, Bedroom 11, Bedroom 5, Bathroom 9, Kitchen, Bathroom 12, Bathroom 6, Bedroom 1, Bathroom 10, Bathroom 17, Laundry Room, Bathroom 4, Bathroom 14, Bedroom 6, Bedroom 2, Bathroom 13, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 7, Bedroom 13, Bathroom 7, Bathroom 3, Bathroom 16, Bedroom 12, Bathroom 5, Bathroom 11, Bedroom 10, Bedroom 14, Bedroom 8
Interior features Balcony, Recessed Lighting, Open Floorplan
Appliances Disposal, Microwave, Refrigerator, Gas Range, Freezer, Gas Oven, Dishwasher
Lot features Level with Street, Landscaped, Level
Directions Located on Gower St, North on Santa Monica Blvd.
Subdivision C20 - Hollywood
Standard status Active
APN 5534004012
Lot size 0.15 Acres

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

custom built-ins
oversized windows
stainless steel appliances
central HVAC
in-unit laundry
balconies

Building Details

Year built 2021
Floors in Building 3
Number of units 5
Flooring type Laminate, Tile
Architectural style Modern
Listing Agency: Myunits.com Inc.
Listed By: Cheyenne Womack · License #02064825
Added: Oct 11 Changed: Oct 12 Last Checked: Oct 13 at 9:06AM
MLS# BB26220362

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 2021, this modern apartment property contains five residences across two buildings, totaling approximately 6,091 square feet. The mix includes four three-bedroom units and one two-bedroom unit. Each residence has a balcony, stainless steel appliances, central HVAC, and in-unit laundry. Utilities are separately metered, and the site includes eight parking spaces. The property occupies 0.1494 acres.

All five apartments are leased at market rents. The property is located in Hollywood, near Larchmont Village, Melrose Avenue, Santa Monica Boulevard, and Hollywood Boulevard. Paramount Pictures, Sunset Gower Studios, and Netflix are also nearby.

Key Highlights

  • Five apartments across two buildings; approximately 6,091 square feet total
  • Unit mix: four 3‑bedroom residences and one 2‑bedroom residence
  • Built in 2021 with modern architecture and interior finishes

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Adult Day Care Nursing Home Clothing & Fashion Store Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

5,851
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Five leased residences feature private balconies, in-unit laundry, and central HVAC.
Where is this apartment building located?
The property is located at 1255 N Gower Street 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; approximately 6,091 square feet total; Unit mix: four 3‑bedroom residences and one 2‑bedroom residence; Built in 2021 with modern architecture and interior finishes
More about this property
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