Active

1759 N Gower St

Los Angeles CA, 90028

$21,000,000


$520.68 per sqft

Active

40,332 sqft

Multi-family

Sophia Hollywood is a newly constructed 28-unit multifamily investment opportunity located at 1759 N Gower St. The property is situated in an irreplaceable Hollywood location, one block north of the premier Hollywood Blvd, in one of Los Angeles' most renowned rental submarkets. The property was built in 2024 and features 28 units across four floors, with a diverse unit mix of four one-bedrooms (650-673 SF), 12 two-bedrooms (1,036-1,214 SF), three two-bedrooms with dens (1,387 SF), and nine three-bedrooms (1,145-1,595 SF). Three of the units are designated as low-income. The building also features 56 parking spaces, two spaces per unit, across the one level of subterranean parking, with 12 EV charging stations. The Sophia Apartments were constructed meticulously with attention to every detail. Each apartment features a balcony, including the three penthouse suites. Unit 405, the three bedroom penthouse has a 1,577 SF balcony with skyline views of the entire city of Los Angeles. Finishes in each apartment include high gloss white cabinets, glass enclosed tubs and showers, high-style fixtures, custom European-style cabinetry, full height splashes, and brand-new stainless-steel appliances. Every unit has a stacked washer and dryer.The common area extra-wide hallways feature Hollywood art throughout the building. The lobby is welcoming with curated artistic touches, playing homage to the golden age of cinema. Amenities include a writers' lounge, a full gym with free-weights and machines, and bicycle storage facilities.The property is currently vacant, giving an investor flexibility of achieving market rents immediately or executing a master lease. Located within a high walk score area of 89, the property offers unparalleled access to major entertainment hubs like the Hollywood Walk of Fame and the Capitol Records building, as well as a wealth of retail options along Hollywood Blvd. Its position in Hollywood, one of the city's strongest rental submarkets, is further amplified by its proximity to popular neighborhoods such as Beverly Hills, Century City, and West Hollywood.

24-408281

MLS ID

July 1, 2024

Listed

July 13, 2024

Updated

Map

1759 N Gower St
Los Angeles CA, 90028

Interior Features

Total Stories

0


Appliances

None


Fireplace

No


Cooling

Yes


Cooling Description

Central


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.4 Acres

Other Property Details

Area Name

Hollywood


Days on Market

42


Garage

No


Parking

Subterranean


Parking Total

0


View

No


County

Los Angeles


Pool

No


Zoning

LAR3

Listed by Neema Ahadian with Marcus & Millichap
Listing Contact: 310-909-5444 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Crystal Hefner shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 7/13/2024

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