1715 Gower StLos Angeles, CA 90028

Property Details for 1715 Gower St

Year built

1948

Construction

TILT-UP CONCRETE

Lot size

0.14 AC

Property size (Sq ft)

8,004 SF

Zone code

LAC4

Property type

Office properties

Property subtype

Office buildings

APN

5546-032-019

APU

5546032019

Description

This exceptional 9,380-square-foot creative office building in Los Angeles, CA, presents a unique opportunity. Located at 1715 N Gower Street, 90028, this two-story structure offers a single-tenant occupancy with ample space for a variety of uses. The building features a desirable bow-truss design, allowing for abundant natural light throughout. The interior boasts a flexible layout including open work areas, private offices, conference rooms, a reception area, a mezzanine lounge, basement storage, a server room, and a kitchenette. Exclusive restrooms are also provided. The property includes 27 parking spaces, offering potential for outdoor space conversion, and excellent signage opportunities. The building's convenient location just off Hollywood Boulevard and the 101 freeway provides easy access to major transportation routes and the heart of Hollywood. The property is currently vacant.

• CAP approach

  CAP return

  Valuation

  6%

  $2,360,838

  6.5%

  $2,179,234

  7%

  $2,023,575

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,522,041

  Geo Method

  $1,522,041

• Alternative Use

  Use

  Valuation

  Residential

  $2,702,251

  Hospitality

  $2,475,247

  Educational

  $2,059,377

  Medical

  $2,130,202

  Retail

  $3,203,475

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.1022

Longitude

-118.323

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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