1255 N Gower Street Los Angeles, CA 90038
Listing Courtesy of: CRMLS / Listed By: Cheyenne Womack, Myunits.com Inc. - Contact:  805-973-7470

  1255 N Gower Street Los Angeles, CA 90038

Active (1 Days)
$3,195,000 (USD)

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 #:
BB26220362
Lot Size
6,508 SQFT
Type
Multifamily
Year Built
2021
Style
Modern
Views
Neighborhood
County
Los Angeles County

Listed By

Cheyenne Womack, Myunits.com Inc., Contact: 805-973-7470
Source
CRMLS
Last checked Oct 12 2026 at 9:27 PM GMT+0000
Bathroom Details
Interior Features
  • Recessed Lighting
  • Laundry: Inside
  • Balcony
  • Open Floorplan
  • Dishwasher
  • Microwave
  • Disposal
  • Refrigerator
  • Dryer
  • Washer
  • Freezer
  • Gas Oven
  • Gas Range
Lot Information
  • Level
  • Landscaped
  • Street Level
Heating and Cooling
  • Central
  • Central Air
Flooring
  • Tile
  • Laminate
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
Additional Information: Myunits.com Inc. | 805-973-7470
Location
   
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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of {10/12/26 14:27} and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.