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1255 N Gower Street, Los Angeles, CA 90038

$3,195,000 Approx. USD 0 beds, 0 baths

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Photo of Jesse Hlubik

Marketed By Jesse Hlubik REALTOR® - Sales Associate 310-890-6928 m
310-890-6928 o
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
Phone: 818-528-3200
Fax: 818-386-9007

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Listing Agent

Cheyenne Womack | cheyenne@myunits.com
Lic#: 02064825
Broker: Courtesy of Myunits.com Inc.
Phone: 805-973-7470

Co Listing Agent

Lauren Cearley | lauren@myunits.com
Lic#: 02146823
Broker: Courtesy of Myunits.com Inc.
Phone: 213-302-8662

Agent Remarks

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. All 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.

Listing Details

Property type: Quadruplex (Multi-Family)

Status: Active

MLS# BB26220362

Price: $3,195,000

Beds: 0

Baths: 0

Built in 2021

0.15 acres

Lot size: 0.1494

County: Los Angeles

Property style: Modern

Interior features: Balcony,Open Floorplan,Recessed Lighting

Appliances: Dishwasher,Freezer,Disposal,Gas Oven,Gas Range,Microwave,Refrigerator,Dryer,Washer

Lot description: Landscaped,Level,Street Level

Heating/cooling: Central Air

Heating description: Central

MLS area: C20 - Hollywood

Last Updated: 10/13/2026

Days On Market (DOM): 13

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This listing belongs to the C20 - Hollywood MLS area

The style of this listing is Modern.
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Lat/Long: 34.094095, -118.322608.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Previous Listing

Photo of Jesse Hlubik

Jesse Hlubik REALTOR® - Sales Associate 310-890-6928 m
310-890-6928 o
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com
Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423