USACALos Angeles1255 N Gower St
Listing image | Image 1

1255 N Gower St, Los Angeles, CA

House

For Sale

Listed price in listed location currency (USD).
$3,195,000

000

MLS® BB26220362

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage 
Taxes 
Days Active 1
Lot Size 0.1494 Acres
Approx. Age 2021
MLS® Number BB26220362

Property Address: 1255 N Gower St, Los Angeles, CA, 90004-3829

Average square foot calculated using Size range provided by listing agent.

Description

1255 N Gower St is an exceptional opportunity to acquire a luxury new-construction 5-unit multifamily property in the heart of Hollywood. Featuring modern architecture, elevated designer finishes, custom built-ins, oversized windows, and thoughtfully designed interiors, this turnkey asset offers investors a high-quality, low-maintenance investment in one of Los Angeles' most desirable rental markets. Spanning approximately 6, 091 square feet across two buildings, the property features four spacious 3-bedroom residences and one 2-bedroom unit, each offering stainless steel appliances, central HVAC, in-unit laundry, modern finishes, and balconies. Four of the five units are currently leased at market rents, providing immediate cash flow and established rental income. All utilities are separately metered, and the property includes eight on-site parking spaces, helping minimize operating expenses and simplify management. Offered at $3, 195, 000, the property delivers a 5.40% cap rate, approximately $224, 880 in annual gross potential rental income, and an attractive basis of $639, 000 per unit. Ideally located near Larchmont Village, Melrose Avenue, Santa Monica Boulevard, and Hollywood Boulevard, the property benefits from proximity to Paramount Pictures, Sunset Gower Studios, Netflix, and some of L.A.'s most popular dining, shopping, and entertainment destinations. With luxury construction, strong existing rental income, separately metered utilities, and a prime Hollywood location, 1255 N Gower St presents an opportunity to acquire a modern multifamily investment with long-term rental appeal.
MLS® NumberBB26220362
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2021
Basement
Driveway
Garage Spaces
HeatCentral
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 11, 2026List Date
$3,195,000List Price
-End Date
Not Sold YetSold Price

For Rent

Aug 26, 2026List Date
$3,500List Price
  • Commute

Commute

Starting Address
Destination Address
1255 N Gower St, Los Angeles, CA

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