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$ 3,250,000
Est. payment /mo
New
959 N Gower ST Los Angeles, CA 90038
0.3 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26640999
HOA Y/N No
Year Built 1927
Lot Size 0.298 Acres
Property Description
This is an opportunity to acquire an existing automotive use property with large parking lot. Constructed in 1927, the purpose built for automotive use, brick structure retains its vintage character and features 6 bays, work areas, office, large wash room and 2 bathrooms. It is a corner parcel with two street frontages and alley access, enhancing accessibility and operational flow. The site also features an on-premise billboard that generates additional income, all situated on a level 13,000 sq ft lot. Property has been in use as automotive for nearly 100 years in the heart of Hollywood and and has been continuously at the hub of the L.A. auto centric scene. Situated just south of the iconic Route 66 (Santa Monica Blvd). Gower Street is a well known arterial traffic street with, approximately 13,983 vehicles traveling through the intersection of S.M & Gower each day. (L.A. Dept of Transportation)The surrounding area is anchored by a diverse mix of established automotive businesses, including auto body shops, smog check facilities, oil service providers, brake and transmission specialists, and auto parts retailers. This concentration of complementary services reinforces the area's automotive centric identity and creates a collaborative, efficient environment well suited for continued automotive operations or an existing business desiring to relocate to this premium space.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LAC2
Interior
Fireplace No
Exterior
Community Features Gated
Total Parking Spaces 45
Building
Lot Description Corner Lot, No Landscaping, Rectangular Lot
Story 1
Others
Tax ID 5534025025
Security Features Gated Community
Acceptable Financing Cash, Owner May Carry
Listing Terms Cash, Owner May Carry
Financing Cash
Special Listing Condition Standard
Listed by Frank Paul Barbano Barbano Realty