Description
Own a 4 unit building located in the most iconic neighborhood known around the world which offers the epitome Hollywood lifestyle like hiking to the famous Hollywood sign, Red line subway at the W Hotel that takes you to DTLA or the San Fernando Valley, world renowned nightlife including the Pantages, Palladium, Mantalban Theaters, Netflix campus, Viacom offices, Paramount Studios, Runyon Canyon and Sunset Gower production sound stages. Welcome to the heart of Hollywood, sited just moments from Hollywood Farmer's Market, Trader Joes, Sprouts, Gelsons, Equinox, LA Fitness, 24 Hour Fitness, Beachwood Canyon, Franklin Village, W Hotel, WeWork Offices, Katsuya, Hollywood & Highland mall. With a 92 walk score, property offers 4 single car garages, 2 of which are behind a secured entrance gate with additional parking, new exterior and interior lobby paint, new exterior lighting, all units have their own newer water heater, and all units have laundry hook-ups with installed washer/dryers. The land has plenty of upside potential with increasing rents or if a developer is thinking of building new townhomes or condos. Each unit has its own address with the following descriptions: 1783 N Gower, lower floor northeast facing unit has been recently remodeled in 2020 with 3 large bedrooms, 2 bathrooms, 1250 sq ft, all newer stainless steel appliances, engineered wood flooring, newer kitchen cabinets with quartz countertops, formal dining room, spacious living room, plenty of closets for storage, 1781 N Gower upper northeast facing unit recently remodeled in 2022 offers 3 large bedrooms, 1 bathroom, 1250 sq ft, new engineered wood flooring, new kitchen, new paint throughout, new carpet, new stainless steel appliances, new washer/dryer, currently vacant for showings, 1777 N Gower - lower floor southeast facing unit with 3 large bedrooms, 1 bathroom, 1250 sq ft, formal dining room, spacious living room, plenty of closets for storage, 1 secured parking garage, washer/dryer in unit 1779 N Gower - lower floor southeast facing unit with 3 large bedrooms, 1 bathroom, 1250 sq ft, formal dining room, spacious living room, plenty of closets for storage, 1 secured parking garage, washer/dryer in unit. Parking spaces can be reassigned and up to 3 secured car parking behind gate with 2 one car garages. The location of the parcel is in prime Hollywood area and perfect for building 5-6 new rowhomes or condos that can be built up to 30 feet tall with subterranean parking. Plans can be included upon during escrow.
Location
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